Austal Limited (ASX:ASB)

David Singleton
CEO
Market Cap (AUD): 1.39B
Sector: Industrials
Last Trade (AUD): 3.84 -0.06 (-1.54%)
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1. About

Inspired by the diversity of its customers and the challenge to exceed expectations, Austal (ASX:ASB) has, for over 27 years, designed, delivered and supported an unrivalled portfolio of high performance commercial and defence ships.

With a genuine passion for advanced ship design and technology innovation - rivalled only by its team’s skills in maritime engineering - Austal continues to develop original and effective commercial and defence solutions. From high performance passenger ferries to offshore windfarm vessels, patrol boats to surface warfare combatants; Austal has the experience, expertise and capability to offer customised maritime solutions for any commercial or defence application.

Through defence ship building facilities located in Western Australia and the United States of America, commercial ship building facilities in the Philippines and support facilities located around the world, Austal offers customers an extensive network of shipbuilding capability and reliable through-life support services.

As a global prime defence contractor, Austal is now successfully delivering key defence ship building, systems and support programs around the world; including the Littoral Combat Ship (LCS) and Expeditionary Fast Transport (EPF) (formerly the Joint High Speed Vessel) for the United States Navy, the High Speed Support Vessel (HSSV) for the Royal Navy of Oman and the Cape Class Patrol Boat (CCPB) for the Australian Border Force.

Through the continuing development of innovative, ‘open architecture’ platforms - featuring modular designs that allow multiple mission configuration and flexible payload integration - Austal is leading the development of effective defence solutions that extend fleet capabilities.

As an acknowledged leader in the commercial shipbuilding industry, Austal continues to develop exciting new ferry, offshore and utility vessels that add great value to commercial operations as diverse as tourism, wind farming and gas exploration, throughout the world.

Building upon industry-benchmark systems such as MarineLink and Ride Control, which have revolutionised vessel performance and systems information management, Austal is proactively exploring new maritime system technologies that further enhance our customers’ vessel performance, fleet and operations.

Austal’s commitment to through-life capability management - ensuring our customers’ vessel availability and operations are optimised - is clearly demonstrated by the continuing expansion and growth of our vessel support facilities, services portfolio and global team of highly skilled personnel.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk