Austal Limited (ASX:ASB)

Paddy Gregg
Market Cap (AUD): 716.48M
Sector: Industrials
Last Trade (AUD): 2.02 +0 (+0%)
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1. About

Austal Limited (ASX:ASB) designs, delivers and supports a portfolio of high performance commercial and defence ships.

From high performance passenger ferries to offshore wind-farm 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 defence contractor, Austal is delivering key defence ship building, systems and support programs around the world including:

  • the Littoral Combat Ship and Expeditionary Fast Transport (formerly the Joint High Speed Vessel) for the US Navy
  • the High Speed Support Vessel for the Royal Navy of Oman
  • the Cape Class Patrol Boat for the Australian Border Force


Through the ongoing development of its 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.

Austal also continues to develop new ferry, offshore and utility vessels for 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, the Company continues to explore new maritime system technologies that further enhance vessel performance.

Austal's commitment to through-life capability management ensures vessel availability is optimised. This is demonstrated by the continuing expansion and growth of the Company's 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