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Austal locks in $200M for US steel shipbuilding expansion

Austal has raised AUD 200 million through an institutional placement to support the expansion of its US shipbuilding capabilities. 

Austal reports strong growth, eyes further expansion in 2025

Austal Limited has reported strong financial growth in the first half of the 2025 financial year, with earnings exceeding expectations and a record order book supporting future expansion.

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.

Austal appoints new Chief Operation Officer

Austal has announced the appointment of Ian McMillan to the position of Chief Operating Officer of Austal Australia, effective January 2021, following the transition...
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Circular beds: Revolutionising sustainable bedding in Australia

A new wave of innovation is transforming the Australian manufacturing sector, with sustainability at its core. ROBOVOID, in collaboration with Swinburne University, GT Recycling, and Sustainability Victoria, has developed a groundbreaking bed base made entirely from recycled plastic.