Tag: T-ATS
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.
US Navy taps Austal USA for $226 million additional T-ATS ships
Shipbuilder Austal Limited’s US unit has secured a $225.5 million contract with the US Navy to construct two Navajo-class Towing, Salvage, and Rescue ships...
Austal USA to design a new towing, salvage and rescue ship for US Navy
Austal USA, the American arm of the West Australia based shipbuilder Austal, has been awarded a US$3.6 million functional design contract to prepare for...
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Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.
