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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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Don’t get left behind: Manufacturing’s urgent need for digital transformation

As digital transformation reshapes industries worldwide, manufacturers in Australia and beyond are finding themselves at the forefront of an evolution. This shift presents opportunities for companies looking to improve efficiency, drive innovation, and boost growth.