
Hanwha acquires 9.9% of Austal, seeks approval for additional investment
Hanwha’s offer follows an aborted attempt to buyout the company in April last year. Hanwha Group Press Release: Hanwha Group has acquired a 9.9% shareholding
Hanwha’s offer follows an aborted attempt to buyout the company in April last year. Hanwha Group Press Release: Hanwha Group has acquired a 9.9% shareholding
Austal has been awarded a $137.02 million contract modification to build two Evolved Cape-class Patrol Boats for the Australian Border Force
Austal Australia has delivered the eighth of ten Evolved Cape-class Patrol Boats (ECCPB’s) under contract to the Royal Australian Navy.
The Australian Army’s program to acquire a fleet of medium and heavy landing craft has progressed with approval granted for the first phase of the program.Â
The collaborative Patrol Boat Autonomy Trial (PBAT) project has successfully completed Sea Acceptance Trials of the remote and autonomously operated vessel, Sentinel.
While Austal rejected the initial offer from Hanwha due to regulatory concerns, it left the door open to future “engagement” with the conglomerate.
Austal Australia has been awarded a contract extension for the construction of two additional Evolved Cape-class Patrol Boats for the Royal Australian Navy.
At Indopacific 2023, Australian shipbuilder Austal unveiled the “MANTA” drone mothership and multirole catamaran.
Day 2 video coverage at Indo Pacific 2023, the maritime exposition held in Sydney, Australia. We once again focus on surface vessels…
New Cape-class patrol boat variant shown with NSM Anti-ship missiles, autocannon, improved self-defence measures to satisfy Tier 2-requirement for Royal Australian Navy.
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