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Austal USA wins $55M contract for two additional Navy LCUs

Austal announced that its US subsidiary, Austal USA, has been awarded a contract modification valued at USD 54,997,317 (AUD 84,455,364) for the construction of two additional Landing Craft Utility (LCU) 1700-class vessels for the United States Navy.
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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.