Austal, under takeover threat, awarded new $779 million US Navy contract
By Peter Roberts Perth international shipbuilder Austal has been awarded a $779 million (US$516 million) US Navy contract modification for the construction of the lead ship of the T-AGOS (ocean surveillance) programme, T-AGOS 25. The company, the largest Australian owned and controlled prime defence contractor, said the contract modification exercised an option for ordering long…
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