Source: Lindsay Corporation news release
OMAHA, Neb. – Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced that it has entered into a supply agreement to provide Zimmatic irrigation systems and FieldNET remote management and scheduling technology in the Middle East and North Africa (MENA) region. The project, valued at approximately $80 million in revenue, supports localized food production in the region.
“I’m proud of our team’s track record of success in delivering transformative projects across the MENA region. This new opportunity underscores Lindsay’s role as a trusted partner in advancing sustainable agriculture while supporting localized production and enhancing food security. We look forward to continuing this important work in the region,” said Randy Wood, President and Chief Executive Officer of Lindsay Corporation.
“FieldNET is a strategic differentiator in large projects, helping farm managers conserve water, optimize resources, and enhance productivity-empowering them to meet global demand while protecting our planet’s most precious resources.”
Delivery is expected to begin immediately and continue throughout fiscal 2026 with approximately $70 million of the total contract revenue anticipated to be recognized in the fiscal year.
About Lindsay Corporation
Lindsay Corporation (NYSE: LNN) is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. Established in 1955, the company has been at the forefront of research and development of innovative solutions to meet the food, fuel, fiber and transportation needs of the world’s rapidly growing population. The Lindsay family of irrigation brands includes Zimmatic center pivot and lateral move agricultural irrigation systems, FieldNET and FieldWise remote irrigation management technology, FieldNET Advisor irrigation scheduling technology, and industrial IoT solutions. Also a global leader in the transportation industry, Lindsay Transportation Solutions manufactures equipment to improve road safety and keep traffic moving on the world’s roads, bridges and tunnels, through the Road Zipper and Snoline brands. For more information about Lindsay Corporation, visit www.lindsay.com.
