18/03/2016 - 10:22

Austal adds more US Navy work

18/03/2016 - 10:22

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Henderson-based shipbuilder Austal’s long-running relationship with the US Navy has generated more work, with the company receiving a $US13.9 million ($A18.1 million) addition to a previously awarded contract.

Austal adds more US Navy work
Austal has been building littoral combat ships for the US Navy.

Henderson-based shipbuilder Austal’s long-running relationship with the US Navy has generated more work, with the company receiving a $US13.9 million ($A18.1 million) addition to a previously awarded contract.

Austal announced today it has received a modification to a previously awarded contract by the US Department of Defense for the manufacture of littoral combat ships.

“Under the contract, Austal will provide engineering and design services to reduce acquisition and lifecycle costs for the Independence variant LCS,” the shipbuilder said.

“The contract modifications exercise options for special studies, analyses and review efforts for the LCS program.”

Austal shares were 0.7 per cent higher to $1.48 each at 10:20am.

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