Mobile-based shipbuilder Austal USA and the U.S. Coast Guard came together Monday to celebrate work on a ship that represents a critical future for both parties – if they can overcome problems so ...
Austal shares (ASX: ASB) are coming off new 52-week lows at A$4.45 last week, down 31.71% year-to-date, as markets continue ...
Suddenly, Alabama is in the submarine business. Not just at Austal USA in Mobile, where they’ve been building sections of nuclear subs for a while now, but now in the Shoals area and a new specialized ...
Mobile, Ala. – The U.S. Coast Guard exercised options worth $314 million to Austal USA for the Offshore Patrol Cutter (OPC) program. The contract options provide Austal USA approval to order long lead ...
MOBILE, Ala. (WKRG) — Austal USA is known for its work on U.S. Naval ships, but now it has a little help. In an effort to “expand U.S. shipbuilding capacity,” Austal USA has entered an agreement with ...
Australia announced on Friday that it would not oppose Hanwha's proposal to nearly double the stake of Austal in Australia, but there will be strict conditions regarding data access and security.
Austal, an Australian company, reported a sixfold increase in annual profit, thanks to increased U.S. shipbuilding orders, which sent its shares up to a new record high. The shipbuilder, which also ...
The Independence-class LCS has been re-adapted for use as a minesweeper, although there are concerns that its aluminum hull might not be ideally suited for that purpose. Delivery of LCS-38 marked the ...