Tag: Paddy Gregg

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 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.

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 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.

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 has refinanced its debt facilities as part of a broader effort to support its $1.2 billion capital expansion program in the United States, strengthening the company’s position in global defence manufacturing.

Austal Australasia has secured a contract valued between A$265 million and A$275 million to design and construct a 130-metre "hydrogen-ready" high-speed ferry for Swedish shipping company Gotlandsbolaget. 

Austal Limited has announced a contract extension for the construction of two additional Evolved Cape-class Patrol Boats, set to be delivered to the Australian Border Force (ABF). 

Austal Limited has announced that its US subsidiary, Austal USA, has been awarded a USD 152 million (approximately AUD 220 million) contract by the US Navy.