Carillion JV wins defence contracts
The award follows Monday’s announcement that a consortium that includes Carillion has won a £1.4bn pound contract to help build Britain’s High Speed 2 railway.
Carillion is reviewing options after it booked an £845m pound writedown against customer payments it no longer expected to be able to collect. It also issued a profit warning and severed ties with its chief executive.
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Hide AdThe company said on Tuesday that the new contracts awarded by the Defence Infrastructure Organisation (DIO) would see it deliver facilities management services, including catering and mess services, to 233 military establishments in Britain.
The two contracts are worth £158m over the initial contract period of five years, Carillion said, adding that there were opportunities to double that figure in the same period through catering and retail sales.