Henderson-based shipbuilder Austal has landed its first commercial deal in Taiwan after being hired to build two vessels, with the contract valued at $44 million.
Henderson-based shipbuilder Austal has returned to the black with a profitable 2017 financial year, driven in large part by a turnaround in its US operations.
Austal has announced it is negotiating to build a ferry worth more than $100 million for Norwegian shipping company Fjord Line, after the Norwegian group said it had already commissioned the local shipbuilder.
SPECIAL REPORT: Backdoor-listed technology businesses and mining hopefuls have joined the state's top performers in financial year 2016 in Business News's annual analysis of total shareholder returns.
Defence Issues Minister Paul Papalia says Western Australia has been dudded in the federal government's $89 billion naval shipbuilding plan, of which WA will receive just over $3 billion of work, while the prime minister has lauded it as “unashamedly nationalistic”.
Henderson-based shipbuilder Austal will open an Adelaide office for shipbuilding design and project management as it seeks to win a $3 billion federal government contract to build 12 new offshore patrol vessels.
Women account for just 8.7 per cent of board positions at the top 100 Western Australian companies listed on the ASX, a report by the Committee for Perth has found.
While innovation is a necessity in every business founder's toolkit, it seems cutting-edge technology is not always something that plays a critical role in their success.
Civmec has begun constructing what it says will be Australia's biggest undercover shipbuilding facility in Henderson, confident it will have enough work even before offshore patrol vessel contracts are awarded by the federal government later this year.
SPECIAL REPORT: Henderson shipbuilders have plans to put on hundreds of apprentices as billions of dollars in naval investment is expected in the next few years.
Henderson-based shipbuilder Austal says a modification to a previously awarded contract for littoral combat ships with the US Department of Defense is worth about $US36.6 million ($A47.8 million).
SPECIAL REPORT: As Australian businesses grapple with a rapidly evolving and increasingly digitised economy, educators are shifting focus to the skills required in an uncertain future.
Henderson-based shipbuilder Austal has won a $22 million contract for a high speed passenger catamaran to be used in Germany, but it will be built in the Philippines.
Commerce Minister Michael Mischin will today encourage local defence contractors to apply for a state government industry assistance program to fund productivity enhancements, speaking at the Chamber of Commerce and Industry WA defence conference.
SPECIAL REPORT: Some of WA's top company directors have achieved extraordinary gains in their wealth over the past year, and while most held onto their shares, a group of 11 reaped more than $180 million from share sales.
Experienced Perth business executive Dario Amaria has spoken to Business News about his plans to revive one of Western Australia's oldest building companies.
Long-running homebuilding brand Collier Homes will continue to operate in Western Australia, after the business was sold to local entrepreneur Dario Amara.
Henderson-based shipbuilder Austal has won a $US12 million ($A15.6 million) contract to provide maintenance work on a littoral combat ship it is currently building for the US Navy.
Shipbuilder Austal has successfully completed an export contract to Azerbaijan, delivering a 70-metre catamaran constructed at its Henderson yard, the same facility that will be building a series of vessels for the federal government in two naval contracts.
Gold and lithium players were the biggest winners in the quarterly S&P/ASX indices rebalance, with Perth-based companies Galaxy Resources and Resolute Mining leading the shift, while contractors and tech firms lost ground.
Chief executive salaries in WA are continuing to ratchet down, and companies are seeking more flexibility, a study of nearly 30 new appointments this year has found.
Henderson-based ship builder Austal has flagged an earnings deficit of up to $121 million on the back of unexpected costs incurred in its $US4 billion contract with the US Navy.
Western Australian companies have outperformed the broader stock market over the six months to June 30, judging by the performance of Business News' BN30 index.
Henderson-based superyacht builder Echo Yachts takes a different approach to most manufacturers – its workers have been told to slow down, and now they are setting records.
Women are being appointed to ASX200 boards at a faster rate than ever, but a number of major Western Australian companies remain without any female representation on their boards.
Henderson-based shipbuilder Austal has won four packages of work on littoral combat ships for the US Navy, worth a combined $US5 million ($A7 million).
WA business leaders have bemoaned the state government's failure to plan for life beyond the mining construction boom, but still see opportunities in other sectors.
