Austal

The Earnings to Price yield of Austal Limited (ASX:ASB) is 0.049347. This is calculated by taking the earnings per share and dividing it by the last closing share price. This is one of the most popular methods investors use to evaluate a company's financial performance. Earnings Yield is calculated by taking ...

The Littoral Combat Ship is a 127-metre, Frigate-sized vessel built at Austal's facility in Mobile. The program is operating at a full rate of production with six ships currently under construction and a further two set to commence in the next year. Charleston (LCS 18) is preparing for trials. Final assembly is well ...

German shipbuilder Luerssen and Perth-based listed shipbuilder Austal are locked in negotiations over what role, if any, the homegrown company will have when construction shifts to WA from 2020. While both companies and the Defence Department confirmed negotiations were ongoing, rumours are rife ...

John Rothwell remembers some of the most significant deals made in the early days of shipbuilder Austal, in the latest instalment in our series to celebrate Business News' 25th anniversary. John Rothwell remembers the struggle to arrange a debt guarantee deal when shipbuilder Austal was working on its ...

Congress appears ready to move forward with ambitions to shovel far more money at the Navy than it asked for this year, and one beneficiary could be Mobile-based Austal USA. Austal is one of two companies building ships for the Navy's Littoral Combat Ship program. The concept calls for a light, fast ship ...

Mobile, Ala.-based Austal USA delivered its seventh Independence-variant littoral combat ship (LCS) to the U.S. Navy on Wednesday, Feb. 28. The future 421'6″x103.7′ Manchester (LCS 14) will be the 12th LCS to enter the fleet. “We're so excited to deliver another LCS to the fleet,” Austal USA president ...

The management of ship designer and builder Austal did not consider a Tax Office assessment to be material to the 2017 full-year accounts and denies that insufficient detail was provided to investors in its annual report. Proxy advisory firm Ownership Matters said Austal did not disclose enough detail ...

The Manchester delivery, the second LCS delivered to the Navy by Austal in less than six months, follows the USS Omaha (LCS 12) commissioning, which took place in San Diego earlier this month. Austal is pleased with the feedback we have received from the Navy regarding the USS Coronado (LCS 4) ...

Australian shipbuilder Austal has recorded an increase in earnings before interest or tax (EBIT) of 62% in the second half of 2017, which it largely attributes to successes on programmes it has to provide vessels to the US Navy. EBIT was AUD29.2 million (USD22.9 million), which is up on the AUD18.1 ...

Austal USA christened the expeditionary fast transport Burlington (EPF 10) at its shipbuilding facility in Mobile, Ala., Saturday. The new EPF is the 10th of 12 EPFs that Austal has under contract with the Navy with a combined value of over $1.9 billion. Nine Spearhead-class EPFs have been delivered and ...

Mobile, AL (WKRG) - Mobile's largest private employer christens one of its latest ships later today. The USNS Burlington will be christened in a ceremony at 10 am today. The ship is the 10th expeditionary fast transport or EPF, the company has produced. It's named for the Vermont city. Longtime US Senator ...

... shakedown availability for Littoral Combat Ship, USS Manchester. Austal will provide program management, advanced planning, engineering, design, material kitting and subcontract management. The work will be conducted by Austal USA across the Mobile, Alabama and San Diego, California facilities.

The Federal Government has appointed a corporate heavy hitter to sort out a dispute between Austal and German shipbuilder Lurssen over the $3.6 billion offshore patrol boat contract, only months after Austal's surprise inclusion in the tender. Defence Industry Minister Christopher Pyne confirmed last night ...

The US arm of Henderson-based shipbuilder Austal has secured a $US10.2 million ($13 million) for engineering and design work with the US defence department. The contract is part of a previously awarded order agreement, with Austal set to provide engineering and management services for the ...

Austal Limited (ASX:ASB), a aerospace & defense company based in Australia, had a relatively subdued couple of weeks in terms of changes in share price, which continued to float around the range of A$1.74 to A$1.89. However, is this the true valuation level of the small-cap? Or is it currently ...

The Tulsa (LCS 16), the eighth Independence-variant littoral combat ship (LCS) built by Austal USA, Mobile, Ala., successfully completed acceptance trials on March 8 in the Gulf of Mexico. The Austal-built 419'x99′ Independence-variant LCS is a high-speed, aluminum trimaran combat ship that is ...