Downer EDI awarded NZ$800 million contract for Auckland Airport domestic jet terminal

Downer EDI Limited (ASX:DOW) announced that its subsidiary company, Hawkins Limited, has been awarded a contract valued at approximately NZ$800 million to deliver the building works for the new Domestic Jet Terminal at Auckland Airport. The work is scheduled to commence in September 2024 and is expected to be completed by 2029.

Executive commentary on Auckland Airport domestic jet terminal contract

Hawkins has a long-standing relationship with Auckland Airport and has been working collaboratively with them through the Early Contractor Involvement (ECI) phase of this Project. Our strategy for Hawkins is focused on securing high-quality revenue streams consistent with our risk appetite parameters with customers who value our expertise and track record. We will leverage our deep network of high-quality subcontractors to deliver this important world-class asset that will serve New Zealanders, airlines, and travelers well into the future.

Summary of Auckland Airport domestic jet terminal contract

Downer EDI Limited's subsidiary, Hawkins Limited, has secured a significant contract valued at approximately NZ$800 million to deliver the building works for the new Domestic Jet Terminal at Auckland Airport. The project, scheduled to commence in September 2024 and be completed by 2029, will be delivered under a collaborative contract model with customer-supplied main design drawings. The CEO, Peter Tompkins, emphasized the long-standing relationship with Auckland Airport and the focus on securing high-quality revenue streams. This project aligns with Downer's purpose of enabling communities to thrive and leaving a lasting legacy for future generations.