HomeBusiness NewsAustal to expand US bas after securing $670m contract

Austal to expand US bas after securing $670m contract

September 16, 2024

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Listed shipbuilder Austal (ASX: ASB) is capitalising on a healthy order book in the US by announcing plans to expand its production capacity in the wake of securing a US$450 million ($670 million) contract from General Dynamics Electric Boat for the US Navy’s submarine production program.

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