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Austal reports EBIT loss but retains record $11.6b order book

Global shipbuilder Austal announced its FY2023 financial results, reporting a $4.8 million loss in Earnings Before Interest and Tax (EBIT), which is consistent with the previously advised earnings projection issued last month.

Austal USA wins detail design contract for US Navy’s T-AGOS

The Defence Department announced on Thursday that Austal USA has been awarded a USD 3.195 billion (AUD 4.82 billion) contract for the detail design and construction of the Navy's newest T-AGOS ocean surveillance ship.
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Unlocking growth: Charting midsize manufacturers’ path with digital solutions

According to a recent study by Oxford Economics, midsized companies in the industrial manufacturing sector are setting their eyes on ambitious growth targets. The research, authored in partnership with SAP, revealed that 38% of industry leaders have identified market expansion as their top priority.