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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 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.

US Navy taps Austal USA for $226 million additional T-ATS ships

Shipbuilder Austal Limited’s US unit has secured a $225.5 million contract with the US Navy to construct two Navajo-class Towing, Salvage, and Rescue ships...

Austal USA to design a new towing, salvage and rescue ship for US Navy

Austal USA, the American arm of the West Australia based shipbuilder Austal, has been awarded a US$3.6 million functional design contract to prepare for...
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