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Corporate Travel Management Secures Services Contract From UK Ministry of Defense

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Corporate Travel Management (ASX:CTD) secured a contract to continue providing accommodation and associated services in support of the UK Ministry of Defense's ongoing Afghan resettlement program, according to a Monday filing with the Australian bourse.

The company expects to generate about 28 million pounds sterling of total transaction value during the first six months of the contract, it said, adding that revenue under the contract is volume-dependent.

Corporate Travel Management has exclusively supplied the services since February 2025, and the new contract is expected to continue until the resettlement program concludes, per the filing.

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