The company expects that the contract, which is set to commence in April, will generate $200 million in revenue over its 36-month term.
MACA CEO Mike Sutton says “the current CPM contract was novated from Downer to MACA, following the acquisition of the Mining West business, and it is pleasing to have now secured this three year extension”.
Shares in MACA (ASX:MLD) are trading 0.7 per cent higher at $1.05.