AUSTAL DELIVERS THIRD GUARDIAN CLASS PATROL BOAT

COMPANY ANNOUNCEMENT
24 JUNE 2019

AUSTAL (ASX: ASB), today reports the on-time delivery of the third Guardian Class Patrol Boat (GCPB) to the Australian Department of Defence. In a handover ceremony with the Crown Prince of Tonga, His Royal Highness, Prince Tupouto’a ‘Ulukalala, the Commonwealth, represented by Assistant Minister for Defence, the Hon. Alex Hawke MP gifted the vessel to the Government of Tonga.

“This is the third of 21 Guardian Class that Austal has designed and built for the Commonwealth’s Pacific Maritime Security Program. We are very proud to be delivering this program that will continue out to 2023” David Singleton, Austal Chief Executive Officer said.

“These vessels will have ongoing maintenance support from our service centre operations in Cairns ensuring continued engagement and opportunities for Austal in the Pacific. This has been an important program being Austal’s first major steel shipbuilding program and sustainment operation” he said.

“The Guardian Class provides a very modern and capable patrol boat matched to the south east Asian and Indo Pacific region. It is a very affordable vessel and is a focus for our export activities” he said.

The Pacific Patrol Boat Replacement Program, was awarded to Austal in May 2016 with an additional contract option awarded in April 2018 taking the program to 21 vessels valued at more than AU$335 million. The program supports more than 200 direct jobs at Austal and more than a further 200 indirect jobs through the Australian industry involved in the program. In total Austal has more than 1000 employees in Australia directly contributing to and delivering a strong domestic and export shipbuilding order book.

Crown Prince Tupouto’a ‘Ulukalala of the Kingdom of Tonga with the Assistant Minister for Defence and Minister for International Development and the Pacific The Hon Alex Hawke MP, and Minister for Defence Industry Melissa Price at Austal for the gifting of the GCPB Ngahau Koula.

Austal Media Contact

Contact:             Gemma Whiting - Government Relations

Mobile:              +61 (0) 408 982 727

Email:                gemma.whiting@austal.com

Website:            www.austal.com

About Austal

Austal is an Australian shipbuilder and global defence prime contractor which designs constructs and sustains some of the world’s most advanced commercial and defence vessels.

Austal successfully balances commercial and defence projects and celebrates 30 years of success in 2018.  Austal has designed, constructed and delivered more than 300 commercial and defence vessels for more than 100 operators in 54 countries worldwide.

Austal is Australia’s largest defence exporter and the only ASX-listed shipbuilder. Austal has industry leading shipyards in Australia, the United States of America and Philippines and service centres worldwide.

Austal delivers iconic monohull, catamaran and trimaran commercial vessel platforms – including the world’s largest trimaran ferry and multiple defence programs such as the Littoral Combat Ship (LCS) and Expeditionary Fast Transport (EPF) for the United States Navy. Austal has grown to become the world’s largest aluminium shipbuilder.