Is Austal a take-over target?
Back on June 6, Australian shipbuilder Austal Limited, which is, of course, the parent of Mobile, Ala., based Austal USA, published a stock exchange announcement saying: “Austal Limited (Austal) (ASX: ASB) refers
Austal Limited
Austal Vietnam launches high-speed cat for French Polynesia
Austal Vietnam’s Vung Tau shipyard has successfully launched a new high-speed catamaran being built for the Degage Group of French Polynesia. Ordered in 2021, the 66 meter Apetahi Express (Austal Hull 425)
Three former Austal USA execs face DOJ and SEC charges
The U.S. Department of Justice reports that a federal grand jury returned an indictment on March 30 charging three men with orchestrating an accounting fraud scheme at Austal USA LLC, a wholly
Austal USA gets $156 million award to build two more T-ATS
Austal Limited (ASX:ASB) reports that its Austal USA subsidiary has been awarded a $156,171,650 fixed-price incentive contract option from the United States Navy for the construction of two Navajo-class Towing, Salvage, and
Navy awards Austal USA $144.6 million two-ship T-ATS contract
Jump starting its plans to get into steel vessel construction, Austal USA, Mobile, Ala., has been awarded a $144,623,645 fixed-price incentive (firm target) modification to previously awarded contract N00024-21-C-2209 for the detail
Austal Vietnam to build high-speed ferry for French Polynesia
Henderson, Western Australia, headquartered Austal Limited (ASX:ASB) reports that Austal Australasia Pty Ltd has been awarded a EUR 20.5 million (approximately US$24 million) contract to design and build a 66 meter high-speed
Austal USA wins Light Amphibious Warfare vessel concept design contract
Austal Limited (ASX: ASB) reports that Austal USA has been awarded a concept studies and preliminary design contract by the United States Navy (USN) for the Light Amphibious Warship (LAW) program. Austal
LCS 28 completes acceptance trials
Austal Limited (ASX:ASB) reports that the future USS Savannah (LCS 28) has successfully completed acceptance trials in the Gulf of Mexico. LCS 28 is the 14th Independence-class Littoral Combat Ship (LCS) built
Helped by LCS success, Austal returns to profitability
AUGUST 28, 2017 — Australian shipbuilder Austal Limited (ASX:ASB) today reported its results for the year ended June 2017, with underlying earnings exceeding guidance given at the start of the year. It said