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Austal secures $300m in shipbuilding work

The Perth-based shipbuilder has confirmed its receipt of three separate domestic and international defence contracts. 

The Perth-based shipbuilder has confirmed its receipt of three separate domestic and international defence contracts. 

Austal Limited has announced it has been awarded three contracts with a total value of $300 million in support of projects for the Royal Australian Navy, US Navy, and the Trinidad and Tobago Coast Guard.

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Specifically, the company has been tasked with:

  • constructing an additional two evolved Cape class patrol boats (ECCPBs) for the RAN as per the former Morrison government’s announcement in April;
  • undertaking the detailed design and construction (DD&C) of the United States Navy’s new Auxiliary Floating Dry Dock Medium (AFDM); and
  • the in-country sustainment of two Cape class patrol boats built for the government of the Republic of Trinidad and Tobago (Trinidad and Tobago Coast Guard).

“The new contracts are a great demonstration of Austal’s capability to take on multiple projects across diverse naval shipbuilding and support programs, in Australia and overseas,” Austal Limited CEO Paddy Gregg said.

The $110 million contract to deliver two additional evolved Cape class patrol boats for the RAN builds on a $324 million deal to construct six vessels, taking the total number of boats to eight.

The US deal involves developing an AFDM with a lifting capacity of over 18,000 tonnes, a length of 211 metres and working area of nearly 8,500 square metres.

The dry dock is expected to have the capability to service large vessels such as littoral combat ships (LCS), guided missile destroyers (DDG), guided missile cruisers (CG) and landing ship docks (LSDs).

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Meanwhile, Austal’s work on the Trinidad and Tobago Coast Guard’s patrol boats, TTS Port of Spain (CG41) and TTS Scarborough (CG42), will span across two years to at least 2024.

“We have been very clear that we want to grow Austal’s support business, and this is a perfect example of how Austal can support vessels constructed so that not only do the vessels continue to perform optimally for our clients, but also create a recurring revenue stream post-construction,” Gregg added.

Last month, Austal was named as part of Raytheon Australia’s bid to develop an Australian independent littoral manoeuvre vessel under the LAND 8710-1A project.

Raytheon Australia confirmed that it “will lead the team” – delivering a BMT-designed solution built by Austal in WA’s Henderson Shipyard.

[Related: Raytheon Australia, BMT and Austal team up for LAND 8710-1A Australian independent littoral manoeuvre vessel]

Austal secures $300m in shipbuilding work
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