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Austal Signs Alliance With DSTO

Maritime Activity Reports, Inc.

March 14, 2006

Austal and Defense Science and Technology Organization (DSTO) today signed a five-year Industry Alliance that will strengthen Australia's maritime defenses. The purpose of this Alliance is to formalize and strengthen links between DSTO's maritime research and development activities and Austal's expertise in high speed vessel design, construction and systems integration. Through this alliance DSTO will gain a greater understanding of the long term performance and cost of ownership of high speed aluminum vessels, which will also assist it to provide whole-of-life support for the Australian Navy's Armidale Class patrol boats, and strengthen our maritime defenses.

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