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Media Releases

For all the latest information on Austal’s global operations and activity, we invite you to review these latest Media Releases.

For more information on any of these news items, please contact Austal Limited (Corporate):

Telephone: +61 8 9410 1111
Email: media@austal.com
November 5, 2017
COMMONWEALTH ANNOUNCES INTENT TO PURCHASE TWO ADDITIONAL PACIFIC PATROL BOATS
  COMPANY ANNOUNCEMENT 6 NOVEMBER 2017 Austal (ASX:ASB) welcomes the announcement by the Australian Prime Minister, Malcolm Turnbull and Timor-Leste Prime Minister, Mari Alkatiri, that Timor Leste would take two of Austal’s Guardian Class Pacific Patrol Boats (PPBs). When contracted this will...
October 8, 2017
AUSTAL CONTINUES EXPORT SUCCESS WITH US NAVY CONTRACT FOR LCS30
  COMPANY ANNOUNCEMENT 9 OCTOBER 2017 WA based Austal (ASX:ASB) is pleased to announce that it has won a further contract for the Independence Class,  Littoral Combat Ship (LCS) to be built at its shipbuilding facilities in Mobile Alabama. The exact value of the award is confidential for...
October 8, 2017
RECORD RUN OF ORDERS CONTINUES AS AUSTAL SECURES NEW A$190 MILLION CONTRACT FOR TWO 117 METRE TRIMARAN FERRIES
  COMPANY ANNOUNCEMENT 8 OCTOBER 2017 Austal Limited (ASX:ASB) is proud to announce a milestone contract, valued at €126 million (A$190 million), to design and build two 117 metre high-speed vehicle passenger trimaran ferries for long term customer Fred Olsen S.A. of the Canary Islands, Spain. The...
October 4, 2017
AUSTAL EXPANDS DESIGN CAPABILITY THROUGH ALLIANCE WITH INCAT CROWTHER
  NEWS RELEASE 5 OCTOBER 2017 Austal today signed an agreement with Incat Crowther, establishing a formal strategic alliance to pursue commercial vessel opportunities in Australia and overseas. The alliance formalises an already successful relationship that has seen five commercial vessels...
October 2, 2017
AUSTAL WINS $18 MILLION SUSTAINMENT CONTRACT FOR RAN CAPE CLASS PATROL BOATS
COMPANY ANNOUNCEMENT 3 OCTOBER 2017 Austal (ASX:ASB) today announced the Royal Australian Navy (RAN) has awarded a sustainment contract worth up to $18 million over three years for the Cape-class Patrol Boats, Cape Fourcroy and Cape Inscription. This contract will employ eight directly and 20...
September 18, 2017
AUSTAL’S EXPORT SUCCESS CONTINUES WITH SIXTH LITTORAL COMBAT SHIP DELIVERY TO U.S. NAVY
  COMPANY ANNOUNCEMENT 18 SEPTEMBER 2017 AUSTAL’S EXPORT SUCCESS CONTINUES WITH SIXTH LITTORAL COMBAT SHIP DELIVERY TO U.S. NAVY Austal Limited (Austal) (ASX:ASB) has delivered its sixth Littoral Combat Ship (LCS), to the U.S. Navy during a ceremony in Mobile, United States at Austal’s...
September 8, 2017
US NAVY AWARDS AUSTAL US$12M FOR LCS POST DELIVERY SERVICES WORK
COMPANY ANNOUNCEMENT 8 SEPTEMBER 2017 US NAVY AWARDS AUSTAL US$12M FOR LCS POST DELIVERY SERVICES WORK Austal Limited (Austal) (ASX:ASB) is pleased to announce that the United States Department of Defense has awarded Austal USA US$12,283,922 for a cost-plus-award-fee against previously...
September 4, 2017
AUSTAL WINS FIRST COMMERCIAL VESSEL CONTRACT IN TAIWAN
COMPANY ANNOUNCEMENT 5 SEPTEMBER 2017 AUSTAL WINS FIRST COMMERCIAL VESSEL CONTRACT IN TAIWAN Austal Limited (ASX:ASB) today announced a major achievement with its first commercial contract award in Taiwan, valued at AU$44 million. The contract is for two 550 passenger, 50 meter high speed...
August 31, 2017
AUSTAL DROPS ANCHOR IN ADELAIDE
MEDIA RELEASE 1 September 2017 Austal Australia today celebrated the opening of its Adelaide office, which will support the design and production for the $3 billion Offshore Patrol Vessel (OPV) program. Officially welcoming Austal’s expansion into Adelaide were Martin Hamilton-Smith, Minister for...
August 27, 2017
AUSTAL MEETS EARNINGS GUIDANCE AS MAJOR US NAVY CONTRACTS PERFORM STRONGLY
COMPANY ANNOUNCEMENT 28 AUGUST 2017 AUSTAL MEETS EARNINGS GUIDANCE AS MAJOR US NAVY CONTRACTS PERFORM STRONGLY Summary: Revenue of $1.31 billion (FY2016: $1.34 billion) Underlying EBIT of $58.7 million exceeds EBIT guidance provided in July 2016(1) Net cash position of $19.3 million(2) Result...

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