From: https://www.marinelog.com/shipbuilding/ ... aign=47847
In an ASX regulatory filing, Australia’s Austal Limited (ASX:ASB) reports that its Austal USA subsidiary has been awarded a $450 million contract by General Dynamics Electric Boat. The contract will enable Austal USA to expand production capacity at its Mobile, Ala., shipyard in support of the U.S. Navy Submarine Industrial Base (SIB).
The Electric Boat award will fund Austal USA to enhance its existing infrastructure by designing, constructing and outfitting a new module fabrication and outfitting facility at its shipyard to support the U.S. Navy goal of delivering one Columbia-class and two Virginia-class submarines annually. Construction of the new building will start this fall and be complete in 2026.
When fully operational, the building will support approximately 1,000 jobs and provide capability to fabricate, outfit, and transport submarine components.
Cont'd
In an ASX regulatory filing, Australia’s Austal Limited (ASX:ASB) reports that its Austal USA subsidiary has been awarded a $450 million contract by General Dynamics Electric Boat. The contract will enable Austal USA to expand production capacity at its Mobile, Ala., shipyard in support of the U.S. Navy Submarine Industrial Base (SIB).
The Electric Boat award will fund Austal USA to enhance its existing infrastructure by designing, constructing and outfitting a new module fabrication and outfitting facility at its shipyard to support the U.S. Navy goal of delivering one Columbia-class and two Virginia-class submarines annually. Construction of the new building will start this fall and be complete in 2026.
When fully operational, the building will support approximately 1,000 jobs and provide capability to fabricate, outfit, and transport submarine components.
Cont'd
statistics: Posted by SubsRUs — 7:02 PM - 1 day ago — Replies 0 — Views 32