Austal USA Awarded LCS Services Contract

Austal Limited (Austal) (ASX:ASB) is pleased to announce it has been awarded a US$13.97 million modification to a previously awarded Littoral Combat Ship (LCS) contract by the U.S. Department of Defense.

Under the contract, Austal USA will provide engineering and design services to reduce acquisition and lifecycle costs for the Independence variant LCS.

The contract modifications exercise options for special studies, analyses and review efforts for the Littoral Combat Ship (LCS) program.

Austal has a US$3.5 billion block-buy contract from the U.S. Navy to build 10 Littoral Combat Ships and a separate US$1.6 billion block-buy contract from the U.S Navy to build 10 Expeditionary Fast Transport vessels (EPF). Seven LCS and three EPF are currently under construction in Austal’s Mobile, Alabama, ship manufacturing facility.

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About Austal

Austal is a global defence prime contractor and a designer and manufacturer of defence and commercial ships. For more than 27 years Austal has been a leader in the design, construction and maintenance of revolutionary ships for Governments, Navies and Ferry operators around the world. More than 255 vessels have been delivered in that time.

Ships

Defence vessels designed and built by Austal include multi-mission combatants, such as the Littoral Combat Ship (LCS) for the United States Navy and military high speed vessels for transport and humanitarian relief, such as the Expeditionary Fast Transports (EPF) formerly known as the Joint High Speed Vessel (JHSV) for the United States Navy and High Speed Support Vessel (HSSV) for the Royal Navy of Oman. Austal also designs, constructs, integrates and maintains an extensive range of patrol and auxiliary vessels for government agencies globally, including the Cape Class Patrol Boat Program for Australian Border Force (formerly Customs and Border Protection). Defence vessels are designed and constructed in Mobile, Alabama and in Henderson, Western Australia.

Austal has been at the forefront of the high speed ferry market since the early days of the industry. Our market leading designs of high performance aluminium vessels have long been at the heart of Austal’s research and development. Today, commercial ship construction is centred on our shipyard in Balamban, Philippines.

Systems

Austal has expertise in integrating complex systems into its ships, including ride control, ship management, and communication, sensors and weapon systems.

Support

Austal provides a wide range of support services, including through life support, integrated logistics support, vessel sustainment and systems support. These services are delivered through our global support network in the USA, Australia, Asia and the Middle East together with partner shipyards worldwide.