Corporate Travel Management wins UK Ministry of Defence contract extension

Corporate Travel Management (ASX:CTD) has secured a contract extension with the UK Ministry of Defence (MoD) to continue supporting the Afghan Resettlement Programme. The company, which has served as the exclusive provider of accommodation and associated services for this programme since February 2025, will maintain this role until the programme concludes.

The contract is volume-dependent rather than a fixed-sum agreement. Based on current operational forecasts, Corporate Travel Management anticipates generating approximately £28 million (roughly A$53 million) in Total Transaction Value during the first six months of the contract period.