Austal Ltd - Company Profile

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Austal Ltd: Overview

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Austal Ltd (Austal) is a manufacturer of defense and commercial vessel platforms. It constructs and maintains platforms such as the littoral combat ship (LCS) and expeditionary fast transport (T-EPF) for the US Navy. Austal provides high-speed support vessel (HSSV) for the Royal Navy of Oman. Austal offers patrol and auxiliary vessels for other defense forces and government agencies. The company integrates systems into its ships, including ride control and marine link, ship management and communication, and weapon systems. It also provides vessel support services. It operates shipbuilding facilities in Australia, the US, and the Philippines; and offers vessel services across Asia-Pacific, North America, Europe, and the Middle East. Austal is headquartered in Henderson, Western Australia, Australia.

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Headquarters Australia
Address 100 Clarence Beach Road, Henderson, Perth, Western Australia, 6166
Website www.austal.com
Telephone 61 8 94101111
No of Employees 4,300
Industry Transport and Logistics
Ticker Symbol & Exchange ASB (ASX)
Revenue (2023) $1.1B 10.9% (2023 vs 2022)
EPS XYZ
Net Income (2023) XYZ -117.3% (2023 vs 2022)
Market Cap* $439.1M
Net Profit Margin (2023) XYZ -115.6% (2023 vs 2022)
* As of and is in US$
View Austal Ltd financials
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Austal Ltd premium industry data and analytics

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IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Austal Ltd (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Austal Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Commercial products: Contract Maintenance
Passenger Ferries Consultancy
Vehicle-Passenger Ferries General Refit and Repair
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Contracts/Agreements In November, the company along with Civmec and Navantia Australia partnered to offer the Government a proposal for the design and manufacture of six corvettes.
2023 Corporate Changes/Expansions In October, the company announced the opening of a new, dedicated maintenance facility at the Trinidad and Tobago Coast Guard (TTCG) base in Hart's Cut.
2023 Contracts/Agreements In October, the company delivered the sixth of eight Evolved Cape-class patrol boats (ECCPB) to the Royal Australian Navy (RAN).
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Competitor Comparison

Key Parameters Austal Ltd HD Korea Shipbuilding & Offshore Engineering Co Ltd Huntington Ingalls Industries Inc Hanwha Ocean Co Ltd ASC Pty Ltd
Headquarters Australia South Korea United States of America South Korea Australia
City Perth Seongnam Newport News Geoje Osborne
State/Province Western Australia - Virginia - South Australia
No. of Employees 4,300 27,409 44,000 13,199 1,911
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Patrick Gregg Director; Chief Executive Officer Executive Board 2021 -
Christian Johnstone Chief Financial Officer Senior Management 2023 -
John Rothwell Chairman Non Executive Board 2008 -
Rusty Murdaugh President - Austal USA Senior Management 2021 -
Ian McMillan Chief Operating Officer - Austal Australasia Senior Management 2021 -
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
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