TSE 5.50% $1.06 transfield services limited

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    Transfield Services Ltd (ASX:TSE) says it has signed $124 million in new contracts.

    An $88 million six year contract has been awarded from long-term client the Western Australian Department of Transport, for the delivery of asset management and maritime infrastructure projects.

    A $36 million three year contract has been awarded from Amcor Australasia to provide maintenance services to around 40 packaging and corporate sites in Australia.

    In October Transfield said it had scored $1.1 billion of work during the first quarter of the current financial year, including work for the initial phase of the National Broadband Network rollout program.

    Transfield Services delivered a turnaround profit of $73.55 million in the year to 30 June 2010.
 
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Currently unlisted public company.

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