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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 USA wins detail design contract for US Navy’s T-AGOS

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.
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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.