Subscribe to RSS feedToll's new defence deal may generate $2bn
Toll's heavyweight logistics profile has received a boost of at least $1bn and possibly double that with managing director Paul Little saying today the company expects to sign a hefty defence department contract for relocation services.
Secure position: Toll expects at least $1bn of revenue from Defence deal. Pictured is FreightLink moving Leopold tanks for the Australian Defence Force in 2007.
The deal will involve movement of military and departmental personnel and household effects, including flights, temporary accommodation, allowances and reimbursements.
"This contract comprises an initial five-year period, followed by up to four one-year extensions, which are...
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