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.
Global shipbuilder Austal announced that Austal USA has been awarded an AUD 104 million contract from the United States Navy for the manufacture of an additional Navajo-class Towing, Salvage and Rescue Ship (T-ATS 15).
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.
Austal Australia has introduced its new artificial intelligence toolset, DeepMorpher, to help its Australian designers explore broader design spaces while significantly reducing resource requirements for complex ship hull optimisation routines.
Austal Australia has entered into an exclusive teaming agreement with Saildrone Inc to look into prospects for manufacturing a 20-metre Saildrone Surveyor uncrewed surface vehicle (USV) in Australia for deployments in the Indo-Pacific region.
Shipbuilder Austal Philippines has delivered the 115-metre, high-speed vehicle-passenger ferry Express 5, the largest ferry constructed by an Austal shipyard.
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.
Global shipbuilding company Austal has delivered Expeditionary Fast Transport USNS Apalachicola (EPF 13) to the United States Navy – the largest surface ship in the fleet with autonomous capability, according to the company.
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