Austal shows (again) why it should remain Australian controlled

By Peter Roberts Shipbuilder Austal has again shown at its annual general meeting the folly of Australia’s apparent unconcern should the company fall under foreign ownership. In September Korea’s Hanwha gave up on a takeover of Austal, a deal that was waved through by Defence Minister Richard Marles as of no concern to the government.…

Austal awarded $670m contract for n-submarine module construction

Shipbuilder Austal has announced that Austal USA has been awarded a $670 million (US$450 million) contract by General Dynamics Electric Boat for nuclear submarine module construction. The contract will enable Austal USA to expand production capacity at its US shipyard in Mobile, Alabama (pictured) as part of the U.S. Navy Submarine Industrial Base (SIB). It…

Austal receives $39m patrol boat order

The federal government has ordered two additional Guardian-class Patrol Boats from Perth international shipbuilder Austal Australia, valued at approximately $39 million. The 39.5-metre steel-hull patrol boats, to be constructed at Henderson in Western Australia and scheduled for delivery in 2026, are in addition to the 22 Guardian-class Patrol Boats previously ordered by Canberra under the…