ASG strengthens Federal Government footprint

Company News

ASG Group Limited (ASX:ASZ) says it has strengthened its Federal Government footprint through its latest defence win. 

The provider of information technology services has inked an eight-year deal with Lockheed Martin Australia as a sub-contract partner to Department of Defence’s Centralised Processing Project. 

The project is geared to consolidating the Department of Defence’s data centre and applications and improving the overall effectiveness and efficiency of data centre delivery. 

ASG will deliver end-to-end management of all database services while working in partnership with Lockheed Martin Australia and other sub-contractor partners. 

The deal is expected to contribute between $1.5 million to $2 million to EBITDA in FY15. ASG says the project will involve substantial opportunities for the company and for further project work as the implementation progresses. 

ASG Group reported a net profit of $8.97 million in the full 2014 financial year.