Austal Secures Second Australian Landing Craft Heavy Contract
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7 Articles
Austal secures second Australian Landing Craft Heavy contract
“This contract reflects the growing strength and success of Austal’s Australian operations — and Australian industry — within the national shipbuilding and sustainment enterprise,” Austal Limited CEO Paddy Gregg said in the company announcement.
Austal Secures A$4 Billion Naval Contract, Boosting Australia’s Maritime Modernisation Drive - India Seatrade News
Australian shipbuilder Austal has secured a landmark A$4 billion (US$2.82 billion) contract from the federal government, reinforcing its position as a cornerstone partner in Australia’s naval modernisation strategy. The agreement marks the second major defence award for Austal under Australia’s Strategic Shipbuilding Agreement. It follows the A$1.03 billion Landing Craft Medium (LCM) contract awarded in December, further strengthening the compan…
Austal (ASX:ASB) Wins A$4bn Navy Deal: Is It Time to Buy
Austal’s Defence Surge: What Investors Should Watch Austal (ASX: ASB) closed at A$6.30 on Friday, up 5.53% on the day, after the Australian Government awarded it a contract worth about A$4 billion to construct eight Landing Craft Heavy vessels. This announcement came only two months after the A$1.029 billion Landing Craft Medium contract signed in…
Austal awarded $4 billion contract to build eight Landing Craft Heavy vessels for Australia - Defence Industry Europe
The contract is scheduled to be executed at Henderson in Western Australia, with Austal to confirm execution in a separate announcement to the ASX. Construction of the vessels, based on the Damen LST100 design and measuring approximately 100 meters in length, is set to begin in 2026, with delivery of the eighth and final vessel planned for 2038. The ships will be built at Austal’s facilities and the Common User Facility at Henderson. According t…
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