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Austal USA begins construction of second Offshore Patrol Cutter for US Coast Guard

Austal USA has received a USD 273 million contract option from the United States Coast Guard for the construction of a second Heritage-class Offshore Patrol Cutter (OPC) and the procurement of long lead-time materials for a third vessel.

Austal delivers strong revenue results with long-term programs growth

Global shipbuilder Austal has recorded FY2022 H1 revenue of $775.0 million supported by strong growth in the sustainment business, with revenue from the segment rising 67 per cent to $194.6 million.
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The economic forces driving manufacturing’s next cycle

Australia’s manufacturing sector entered 2026 with improving momentum, but renewed global disruption is again testing resilience across the industry.