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HomeFinTechDuratec: Secures Defence contracts worth $25m

Duratec: Secures Defence contracts worth $25m

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Duratec Secures Defence contracts worth $25m

  • Duratec (DUR) has been awarded contracts from the Department of Defence worth $25 million, most of which are in the building and asset refurbishment works sector
  • The company will be providing architectural and structural refurbishment including flooring, tiling works and concrete slab replacements in addition to other architectural fit out activities
  • It will also provide electrical, mechanical, fire and hydraulic infrastructure works to the building assets as part of the contracts
  • All projects have or will commence this financial year and are anticipated to be completed by December 2023
  • Shares in Dura tec were up 1.54 per cent to $0.33 as of 3:19 pm AEST

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