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Contracts

Austal Ltd

26-Jun-03

Austal USA has secured its largest order to date valued at approximately AUD$28 million.  The contract with Milwaukee-based Lake Express LLC is for the construction of a 58 metre vehicle-passenger ferry due for delivery in time to commence operation in the 2004 US summer.

ERG Ltd

25-Jun-03

Has signed a contract with the Washington Metropolitan Area Transit Authority to install and operate a new Regional Customer Service Centre for their smart card based fare collection system.  The initial five-year contract term, worth approximately US$20 million, comprises the supply, installation and operation of the system.

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