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Perth shipbuilder Austal wins new contract for US navy

Andrew Tillett

Listed shipbuilder Austal's gamble to set up operations in the US has continued to pay off, after the company secured a fresh deal with the US Navy to supply two more combat ships.

The contract, announced to the stockmarket on Wednesday, brings to 17 the number of Independence-class Littoral Combat Ships (LCS) ordered from Austal's shipyard in Mobile, Alabama.

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Andrew Tillett writes on politics, foreign affairs, defence and security from the Canberra press gallery. Connect with Andrew on Facebook and Twitter. Email Andrew at andrew.tillett@afr.com

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    Original URL: https://www.afr.com/news/perth-shipbuilder-austal-wins-new-contract-for-us-navy-20180918-h15kgm