Austal
Austal News
Austal Delivers Record Profit Increases
Shipbuilder Austal Limited announced it has delivered record revenue and record earnings for the year ended June 30, 2015, with Net Profit After Tax (NPAT) of $53.2 million, a 66.8 percent increase on FY2014. Austal’s best result in its 27-year history was generated from revenue of $1.41 billion, a 26 percent increase on FY2014, achieved from multiple vessel programs, including major navy defense and patrol boat programs for the U.S.
Austal Delivers High Speed Catamaran Ferry
The first of two high speed catamaran ferries built by shipbuilder Austal Limited was delivered to the Abu Dhabi National Oil Company (ADNOC). The vessel constructed at Austal’s Philippines shipyard. Austal Chief Executive Officer Andrew Bellamy said the on-time and on-budget delivery demonstrates Austal’s ability to compete in this target market. “We continue to see opportunities in the Middle East…
Austal Delivers 7th Cape Class Patrol Boat
Shipbuilder Austal Limited announced it has delivered Cape Wessel, the seventh of eight Cape Class patrol boats being supplied to Australian Border Force under a $330 million design, build and in-service support contract. “The on-time delivery of Cape Wessel and continued efficiencies across the program reinforce Austal’s capability to reliably build and sustain naval and border protection vessels,” said Austal CEO Andrew Bellamy.
Austal Starts Next US Littoral Combat Ship
Austal and the U.S. Navy held a keel-laying ceremony today for the future USS Manchester (LCS 14), marking the first significant milestone in its construction. This ship is the fifth Independence variant littoral combat ship (LCS) built at Austal under the 10-ship, $3.5 billion block buy contract awarded to Austal in 2010. “It has been said that building a high-tech Littoral Combat Ship is more akin to making a spacecraft than a traditional warship…
Austal Hosts Littoral Combat Ship Gabrielle Giffords Christening
Austal joined the Honorable Gabrielle Giffords, her husband, retired Navy captain Mark Kelly, and ship’s sponsor Dr. Jill Biden in celebrating the christening of…
Austal Launches USNS Brunswick
Austal launched the recently christened USNS Brunswick (JHSV 6) at its manufacturing facility in Mobile, Ala. With the 338-foot Joint High Speed Vessel entering the water for the first time…
Austal Christens USNS Brunswick
Austal celebrated the christening of USNS Brunswick (JHSV 6) with a ceremony this morning at its shipyard in Mobile, Ala. USNS Brunswick is the sixth of 10 Joint…
Austal Delivers Sixth Cape Class Patrol Boat
Austal Limited announced it has delivered Cape Leveque, the sixth of eight Cape Class Patrol Boats being supplied to the Australian Customs and Border Protection Service under a $330 million design, build and in-service support contract. Cape Leveque is named after the northernmost tip of the Dampier Peninsula in the Kimberley region of Western Australia. Austal Chief Executive Officer Andrew Bellamy said that with three quarters of the Cape Class fleet now delivered…
Navy Awards Austal $691M for Two Littoral Combat Ships
The U.S. Navy has ordered two new littoral combat ships from Austal, the shipbuilder said in a press release today. The two orders, worth $691 million, are part of the Navy's expansion of a previous block buy contract with Austal to 10 total ships, with the option to award an eleventh ship in FY 2016. The Navy also awarded a $441 million contract to Lockheed Martin for one LCS, U.S. Naval Institute (USNI) News reported.
Austal Graduates 48 4-Yr Apprentices
Austal USA combined two classes to graduate a total of 48 members of Austal’s cutting-edge four-year apprenticeship program yesterday at a formal ceremony held at the Arthur R.
AUSTAL Bags SCA Award For Safety
Austal USA have been notified by the Shipbuilders Council of America (SCA) that Austal has earned the 2014 SCA Award for Improvement in Safety. The SCA is a national…
Austal Delivers for Militaries ... Near & Far
While Austal USA based in Mobile, Alabama, still accounts for the lion’s share of revenue (more than 80%) of the Australian based company, the entire corporation has been making waves of late delivering latest technology to naval fleets around the globe. Austal USA christened USNS Trenton (JHSV 5) at its shipyard in Mobile, Ala. USNS Trenton is the fifth of 10 Joint High Speed Vessels (JHSV) that Austal has under contract with the U.S.
Austal Wins LCS Class Services Support Contract
Austal Limited was awarded a $6,502,918 modification to previously awarded contract (N00024-11-C-2301) to exercise an option for special studies, analyses and review efforts for the Littoral Combat Ship (LCS) program. The deal will see Austal provide engineering and design services to reduce acquisition and lifecycle costs for the Independence variant LCS. Work will be performed in Mobile, Alabama (72 percent)…
Austal Delivers Fifth Cape Class Patrol Boat
Austal Limited has delivered Cape Jervis, the fifth of eight 58-meter aluminum monohull Cape Class Patrol Boats for the Australian Customs and Border Protection Service under a $330 million design, build and in-service support contract. In August 2011, Austal was awarded the contract for the design, construction and through-life support of the Cape Class patrol boats, the remaining three of which are at various stages of construction and will be delivered progressively through late 2015.
Austal Delivers Fourth Cape Class Patrol Boat
Austal Limited has delivered Cape Sorell, the fourth of eight Cape Class Patrol Boats being supplied to the Australian Customs and Border Protection Service under a $330 million design, build and in-service support contract. Austal Chief Executive Officer Andrew Bellamy said it represented a significant milestone with half the Cape Class fleet now delivered, and continuing to be delivered in accordance with contracted timeframes.
Austal Launches 5th CCP Boat
Austal launched yesterday its fifth in-series Cape Class Patrol Boat (CCPB) at the Company’s Australian Defence Facility in Henderson, Western Australia. Cape…
Austal Expands to San Diego
Office to provide local support to LCS and JHSV programs. On October 8th, Austal celebrated the opening of our San Diego, Cal., Operations Office with a ribbon cutting ceremony. Joining Austal’s representatives at the ceremony were Mayor Cheryl Cox of the City of Chula Vista; City Councilwoman Pamela Bensoussan; Michael Meacham, Director of Economic Development for the City; and Admiral Jose Betancourt, USN (Retired).
Austal Launches Trenton (JHSV 5)
On September 30, 2014, Austal USA successfully completed the launch process of Trenton (JHSV 5) - the second Joint High Speed Vessel (JHSV) launched by Austal in 2014. This 103-meter high-speed catamaran represents the U.S. Department of Defense’s next generation multiuse platform. It is part of a 10-ship program worth more than $1.6 billion. The launch of Trenton was conducted in a multi-step process…
Austal Delivers Fourth JHSV to the US Navy
The U.S. Navy accepted delivery of USNS Fall River (JHSV 4) from Austal USA yesterday, a week shy of six months from the date they took delivery of JHSV 3. This is the fourth Joint High Speed Vessel (JHSV) delivered to date for the JHSV Program which totals 10 ships at over $1.6 billion. Regarding the delivery, Austal USA President Craig Perciavalle said, “Delivery of this ship to the Navy is the culmination…
USNS Fall River Delivered by Austal USA
The Navy informs it has accepted delivery of Joint High Speed Vessel, the future 'USNS Fall River' from the Austal USA shipbuilder. The delivery marks a major milestone…