Tag: Austal Limited
Austal signs shipbuilding agreement with Commonwealth of Australia
Austal Limited has announced it has signed a Strategic Shipbuilding Agreement (SSA) with the Commonwealth of Australia, formally appointing its new subsidiary, Austal Defence Shipbuilding Australia, as the nation’s strategic shipbuilder for Tier 2 surface combatants at Henderson, Western Australia.
Austal wins tender to deliver new passenger catamaran for Whitsundays Routes
Austal Limited has announced that its Australasia division has secured a contract valued between AUD 14 million and AUD 16 million to build a 36-metre catamaran for Cruise Whitsundays, part of experiential tourism group Journey Beyond.
Australian gov’t approves strategic shipbuilding deal with Austal
The Australian Government has approved a Strategic Shipbuilding Agreement (SSA) with Austal Limited, formally appointing the company’s new subsidiary, Austal Defence Shipbuilding Australia, as the Commonwealth’s strategic shipbuilder for Tier 2 surface combatants based at Henderson, Western Australia.
Austal reports strong growth, eyes further expansion in 2025
Austal Limited has reported strong financial growth in the first half of the 2025 financial year, with earnings exceeding expectations and a record order book supporting future expansion.
Austal USA secures $450M contract to boost submarine production for US Navy
Austal Limited announced that its US division, Austal USA, has been awarded a USD 450 million (approximately AUD 670 million) contract by General Dynamics Electric Boat.
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.
Australia to boost sovereign shipbuilding capability with new Austal partnership
The Australian Government is boosting the nation’s shipbuilding capability and Western Australia’s defence industry through a new strategic partnership with Austal Limited.
US Navy taps Austal USA for $226 million additional T-ATS ships
Shipbuilder Austal Limited’s US unit has secured a $225.5 million contract with the US Navy to construct two Navajo-class Towing, Salvage, and Rescue ships...
Austal USA awarded deployed LCS maintenance contract
Austal USA, the American arm of the West Australia based shipbuilder Austal Limited, has been awarded a A$100.4 million contract by the US Navy...
Austal USA delivers 14th LCS to US Navy
Austal USA, a wholly owned subsidiary of Australian shipbuilder Austal Limited, has delivered its 14th Independence-class Littoral Combat Ship (LCS) to the US Navy,...
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Smarter energy decisions: GridBeyond unveils AI-powered Bid Optimiser in Australia
As Australia’s energy transition accelerates, businesses participating in the National Electricity Market (NEM) are facing growing challenges in managing their energy assets efficiently.
