Toll Group Bids $12.9 Billion for UK Military Logistics Contract
DEFENSE
Toll Group has submitted a £9.6 billion ($12.9 billion) bid for a major logistics contract with the U.K. Ministry of Defence, its largest overseas defense proposal to date. The contract, set to be awarded in 2027, involves managing inventory and supply procurement for 180,000 product categories. This move aligns with Toll's strategy to expand its defense operations amid rising global defense budgets.

Jan 15, 2026, 6:07 AM