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Reading: CTM wins new UK MoD contract worth A$53m
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Travel Weekly > News > CTM wins new UK MoD contract worth A$53m
News

CTM wins new UK MoD contract worth A$53m

Sofia Geraghty
Published on: 10th August 2026 at 10:59 AM
Sofia Geraghty
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Travel agency Corporate Travel Management has said business operations "remain unaffected" after the company voluntarily suspended trading.
CTM has received binding offers covering 86 per cent of its liability.
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Corporate Travel Management  has been awarded a further contract by the UK Ministry of Defence (MoD) to continue supporting the Afghan Resettlement Programme with accommodation and associated services.

CTM has held the role of exclusive provider of these services since February 2025, and the new contract extends that arrangement, with the deal expected to run until the Afghan Resettlement Programme concludes.

The Afghan Resettlement Programme is for Afghan civilians who worked alongside British forces and government agencies in Afghanistan, such as interpreters, security contractors and other local staff, along with other at-risk Afghans – including women, girls and minority groups – who supported UK efforts there.

Revenue under the new contract is volume-dependent rather than fixed. Based on current forecasts, CTM expects to generate approximately £28 million (approximately A$53 million) in Total Transaction Value during the first six months of the contract.

“CTM is pleased to be continuing to support the UK Government and this important programme,” the company said in an ASX filing.

The announcement was authorised for release by CTM company secretary Shelley Sorrenson.

The new MoD deal comes as CTM’s UK arm remains under scrutiny over a separate, unrelated government contract dispute. An independent KPMG review recently lifted the potential refund bill tied to that matter to £118 million, up from £80 million reported in February, with the company’s ASX shares remaining suspended since August last year.

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