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Austal wins contract for two more Guardian-class patrol boats

Austal has secured an order from the Australian Government for two new Guardian-class Patrol Boats, valued at approximately AUD 39 million.

Austal declines unsolicited Hanwha offer, citing regulatory obstacles

Austal Limited has confirmed the reception of an unsolicited, conditional, and non-binding indicative proposal from Hanwha Ocean Co, Ltd (Hanwha) to acquire Austal through a scheme of arrangement.

Austal reports EBIT loss but retains record $11.6b order book

Global shipbuilder Austal announced its FY2023 financial results, reporting a $4.8 million loss in Earnings Before Interest and Tax (EBIT), which is consistent with the previously advised earnings projection issued last month.

Austal wins $104m contract for fifth US Navy ship

Global shipbuilder Austal announced that Austal USA has been awarded an AUD 104 million contract from the United States Navy for the manufacture of an additional Navajo-class Towing, Salvage and Rescue Ship (T-ATS 15).
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Beyond insights: CRM’s transformative role in sustainable manufacturing

Manufacturing companies worldwide are increasingly gearing up for a significant transformation with environmental sustainability at the centre. This comes amid stronger environmental regulations, a shift in consumer behaviour, and the industrial sector delves deeper into Industry 4.0.