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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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What spending reveals about downstream consumer demand for manufactured goods

For manufacturers supplying consumer-facing markets, understanding demand conditions has become increasingly important in an environment shaped by cautious spending, rising costs and intense competition.