Tag: Austal

The Australian Government has committed $245 million through the National Reconstruction Fund (NRF) to support the construction of an advanced manufacturing facility at the Henderson Defence Precinct in Perth, Western Australia, to build eight Landing Craft Heavy vessels for the Australian Defence Force (ADF) by 2038.

Austal has reported revenue of more than $2 billion for the 2026 financial year, while its Australasian operations delivered record earnings despite the shipbuilder recording a group-wide loss linked to provisions on US contracts.

Austal, in partnership with Curtin University and the Additive Manufacturing Cooperative Research Centre (AMCRC), has launched a collaborative research project aimed at accelerating the adoption of additive manufacturing across Australia's maritime and defence sectors.

Austal Limited has been awarded a contract extension to build two additional Evolved Cape-class Patrol Boats (ECCPBs) for the Australian Border Force (ABF), in a deal valued at approximately A$150.3 million, the company said.

Austal Limited has delivered the tenth Evolved Cape-class Patrol Boat to the Royal Australian Navy, completing the SEA1445-1 program following a ceremony held at Austal’s Henderson shipyard in Western Australia on March 3, 2026.

Austal has announced it has been awarded an approximately $4 billion contract by the Commonwealth Department of Defence to construct eight Landing Craft Heavy (LCH) vessels under the Strategic Shipbuilding Agreement.

Manufacturing has formally commenced on Austal’s Horizon X high-speed ferry project, with the company cutting the first steel plate for the vessel at its Philippines shipyard in Balamban, Cebu, marking the start of construction for Sweden’s Gotlandsbolaget.

Austal Limited has been awarded a $1.029 billion Design and Build Contract for 18 Landing Craft Medium vessels under the Strategic Shipbuilding Agreement with the Commonwealth of Australia, according to a statement released by the company.

Austal has announced that it has signed a Memorandum of Understanding with ASC to advance additive manufacturing technologies and strengthen Australia’s sovereign naval capability, marking what the company describes as a key step in expanding the role of advanced manufacturing in shipbuilding and submarine sustainment.

Austal Australia has handed over the ninth Evolved Cape Class Patrol Boat (ECCPB) to the Department of Defence, marking another milestone in its contract with the Naval Shipbuilding and Sustainment Group for the Royal Australian Navy.