Two Alabama-based shipbuilders, Austal USA and Master Boat Builders Inc. have entered into a memorandum of understanding establishing a strategic outsourcing partnership designed to expand U.S. shipbuilding capacity by increasing the ability
Austal Limited (ASX: ASB) reports that the United States Coast Guard has exercised options with its Austal USA subsidiary worth US$314 million (The contract options approve Austal to order long lead time
Austal Limited (ASX: ASB) reports that its Austal USA subsidiary has received a $273 million contract option award from the United States Coast Guard (USCG) for the construction of the second Stage
Austal USA delivered the future USS Pierre (LCS 38) to the U.S. Navy this past Friday, the second ship delivered by the Mobile, Ala., shipbuilder to the Navy in less than a
South Korea’s Hanwha Group has been eyeing an acquisition of Austal USA parent Austal (ASX ASB) for quite some time. Today, it appeared to be making some progress. Yonhap News Agency reports
Detyens Shipyards Inc., Charleston, S.C., has been awarded a $10,135,702 firm-fixed-price contract (N3220525C4061) for a 100-calendar day shipyard availability for a post-shakedown availability (PSA) of the Military Sealift Command’s expeditionary fast transport
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), reports that it has received purchase orders from Austal USA covering the supply of critical equipment for the U.S. Navy’s
Austal USA LLC, Mobile, Ala., is being awarded a $48,020,435 firm-fixed-price, indefinite-delivery/indefinite-quantity contract modification (P00006) under a previously awarded contract (N40345-22-D-8000) to exercise Option Year Two for emergent repair and continuous maintenance
The U.S. Department of Justice reports that Austal USA LLC, a subsidiary of Australian shipbuilder Austal Limited (ASX: ASB) yesterday entered a guilty plea and agreed to pay $24 million to resolve
With the smash of a champagne bottle on the bow of the ship, Mrs. Elizabeth Asher christened the future USNS Point Loma (EPF 15) at a ceremony held Saturday at Austal USA’s