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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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How growth capital is helping an Australian manufacturer go global

There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.