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Saunders (ASX:SND) closes AU$8.5M contract with Nova Nacap JV

December 12, 2022 04:49 PM AEDT | By Manisha
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Highlights

  • Saunders signs a AU$8.5 million design and construction contract for a Defence project with the Nova Nacap Joint Venture.
  • Saunders will be building two 4-megalitre aviation fuel tanks in Katherine, Northern Territory.
  • The project is subcontracted through a Nova Nacap Joint Venture, who are contracted to the Naval Facilities Engineering Command (“NAVFAC”) Pacific, US Department of Defence.

ASX-listed multi-disciplined engineering and construction firm, Saunders International Limited (“Saunders”, ASX:SND) has signed a design and construction agreement worth AU$8.5 million with Nova Nacap Joint Venture to build two aviation fuel tanks for the US Department of Defence.

Saunders will design and construct two 4-megalitre liquid fuel storage tanks at the RAAF Base Tindal in Katherine, Northern Territory. This project is subcontracted through the Nova Nacap Joint Venture, which is contracted to the Naval Facilities Engineering Command (NAVFAC) Pacific, US Department of Defence.

Data source: Company announcement

Since its establishment in 1951, Saunders has been involved in design, construction, fabrication, shutdown, maintenance, and industrial automation services. Saunders has supported some of the leading companies in Australia, as well as the Pacific Region.

Source: Company website

Saunders is known for offering efficient solutions and good value to customers in the new energy, water, power, oil & gas, infrastructure, mining & minerals and defence sectors.


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