Australia has approved South Korean shipbuilding and defense conglomerate Hanwha Group’s plan to nearly double its stake in ...

Austal ( ($AU:ASB) ) has shared an announcement. State Street Corporation, through subsidiaries including State Street Global Advisors and State ...

Australia said on Friday it would not oppose a proposal by Korea's Hanwha to nearly double its stake in Australian shipbuilder Austal, but the deal will be constrained by strict conditions covering ...

SSI, a leader delivering software, services, and expertise for the business of shipbuilding, announced that Austal USA, a partner since ...

Austal Limited is pleased to announce that it has been awarded a $1.029 billion Design and Build Contract for Landing Craft ...

Richard Spencer served for two years as Secretary of the Navy and was promoted to Secretary of Defense during the first Trump administration. Then he was fired after getting crossways with President ...

Austal has received the contract to design and build 18 landing craft medium (LCM) vessels for the Australian Army, the ...

MOBILE, Ala. (WKRG) — When Austal USA was not selected in April 2020 by the Pentagon to build a frigate for the U.S. Navy, many worried about the future of Mobile’s largest industrial employer. Craig ...

MOBILE, Ala. (WKRG) — Austal USA launched the future USS Pierre or LCS 38 as the last ship of the United States Navy’s Independence-variant Littoral Combat Ship program. According to a news release ...

MOBILE, Ala. (WKRG) — Austal USA in Mobile officially christened its first steel ship made for the U.S. Navy, the Future USNS Billy Frank Jr., on Saturday. This event marks a significant milestone not ...

Mobile’s biggest industrial employer, Austal USA, has (probably) received the last order for its biggest product, and is gunning hard in what appears to be a winner-takes-all battle royale for its ...

Austal USA will build at least two T-ATS towing, salvage and rescue ships for the U.S. Navy. (Austal USA image) WASHINGTON — Austal USA has received its first contract to build a steel ship after ...