Austal Unit Wins AU$137 Million Contract to Build Two Additional Patrol Boats

MT Newswires Live

2024/12/23

Austal's (ASX:ASB) Australian arm won a AU$137 million contract extension for the construction of two additional Evolved Cape-class patrol boats for the Australian Border Force, according to a Monday filing with the Australian bourse.

Austal Australia has so far delivered eight of the 12 contracted Evolved Cape-class patrol boats, per the filing. Two vessels are currently under construction at Austal's shipyard Henderson in Western Australia.

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