13:55:14 EDT Thu 07 May 2026
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Atkinsrealis Group Inc
Symbol ATRL
Shares Issued 163,622,219
Close 2026-05-06 C$ 97.12
Market Cap C$ 15,890,989,909
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Atkinsrealis signs deal to acquire Coras Solutions

2026-05-07 09:54 ET - News Release

Mr. Ian Edwards reports

ATKINSREALIS TO ACQUIRE AUSTRALIA-BASED DEFENCE ADVISORY CONSULTANCY CORAS

Atkinsrealis Group Inc. has entered into a definitive agreement to acquire Coras Solutions Pty. Ltd., an Australian 70-person consultancy specialized in defence and national security advisory services.

This acquisition supports Atkinsrealis's strategy to expand its footprint in Australia and accelerate growth in key end markets, particularly defence. Adding Coras's expertise positions the company at the front end of defence programs, where early advisory engagement drives access to higher-value and longer-duration opportunities. By combining Atkinsrealis's global engineering and infrastructure capabilities with Coras's trusted local advisory capacity, the company enhances its ability to pursue larger, more complex defence programs and drive sustained, long-term growth in the region.

"This is an exciting step for our business in Australia as we push on the next phase of our growth across the AMEA [Asia, Middle East and Africa] region," said Ian L. Edwards, president and chief executive officer of Atkinsrealis. "Coras brings long-standing relationships at the heart of the defence sector, built on trust, judgment and delivery discipline in a highly specialized environment. We are looking forward to welcoming the Coras team to Atkinsrealis and to working together to support defence clients in some of the most demanding environments."

"Joining Atkinsrealis represents an important next chapter for Coras," said Phil Cutts, chief executive officer of Coras. "We have built our business on trusted relationships, outcome-focused advisory and deep understanding of the defence environment. Becoming part of Atkinsrealis allows us to preserve what makes Coras distinctive while expanding our ability to support defence clients through access to broader expertise and global capabilities."

Coras, an employee-owned and highly respected consultancy established in 2015, has worked alongside Australian defence and national security organizations to assist in the development, governance and delivery of complex defence programs. Its team, founded by experienced military professionals with defence, national security and adjacent government backgrounds, possesses a deep understanding of the planning, acquisition and sustainment of Australia's defence capability. Coras offers advisory services throughout the defence capability life cycle, including engineering and asset management, program governance and assurance, procurement and commercial advisory, as well as strategic advisory.

The transaction is subject to customary closing conditions, and the receipt of necessary regulatory approvals.

About Atkinsrealis Group Inc.

Created by the integration of long-standing organizations dating back to 1911, Atkinsrealis is a world-leading engineering services and nuclear company dedicated to engineering a better future for the planet and its people. Atkinsrealis creates sustainable solutions that connect people, data and technology to transform the world's infrastructure and energy systems. Atkinsrealis deploys global capabilities locally to its clients and delivers unique end-to-end services across the whole life cycle of an asset, including consulting, advisory and environmental services, intelligent networks and cybersecurity, design and engineering, procurement, project and construction management, operations and maintenance, decommissioning, and capital. The breadth and depth of Atkinsrealis's capabilities are delivered to clients in strategic sectors such as engineering services, nuclear and capital.

About Coras Solutions Pty. Ltd.

Coras is an Australian defence and national security consultancy founded in 2015 with offices in Canberra, Sydney and Adelaide. Coras provides advisory services across the defence capability life cycle, including engineering and asset management, program governance and assurance, procurement and commercial advisory, strategic advisory, warfare and operations support, and data and AI (artificial intelligence) services.

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