AUSTAL DROPS ANCHOR IN ADELAIDE

MEDIA RELEASE

1 September 2017

Austal Australia today celebrated the opening of its Adelaide office, which will support the design and production for the $3 billion Offshore Patrol Vessel (OPV) program.

Officially welcoming Austal’s expansion into Adelaide were Martin Hamilton-Smith, Minister for Defence Industry (SA), Senator David Fawcett, and several locally based Small to Medium Enterprises (SMEs) that are already a part of Austal’s 1000 plus Australian supply chain.

L-R: Thomas Sass (Fassmer), Hon Martin Hamilton-Smith - Minister for Defence Industry (SA), David Ridgeway MLC - Leader of the Opposition in the Legislative Council, Vickie Chapman - Deputy Leader of the Opposition, David Singleton (Austal), Senator David Fawcett, and Senator Alex Gallagher

“As Australia’s largest defense exporter, it is only natural for us to have a presence in Australia’s largest naval shipbuilding hub,” Austal CEO, David Singleton said.

“We are increasing our presence in Adelaide to contribute to the Government sovereign shipbuilding commitment, something that will see Australia able to design, build and export a whole range of naval vessels,” Mr Singleton said.

“As the only Australian shipbuilder to export defence vessels we are committed to ensuring the Naval Shipbuilding Plan is achievable” he said.

“Our collaboration with our design partner Fassmer for the OPV project is not only about building for the Royal Australian Navy, but to export the vessel around the world.

“Of the three bidders for the OPV program, AustalFassmer is the only one with both a track record of exports from Australia and concrete plans to sell internationally.  Actions speak louder than words.

“Our joint venture will deliver a complete transfer of intellectual property to Australia relating to the OPV 80 design, a process that will be initiated in Adelaide.

“This will not only deliver jobs, but crucial skills and know-how to Australian shipbuilding,” Mr Singleton said.

Although the AustalFassmer Adelaide office has been established to primarily support the OPV program there will also be ongoing work from Austal Adelaide to support the Austal/ASC Frigate teaming agreement.

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About Austal

Austal is the Australian shipbuilder, global defence prime contractor and maritime technology partner of choice, designing, constructing and sustaining the world’s most advanced commercial and defence vessels.

As the only shipbuilder in the world that successfully balances commercial and defence projects, Austal celebrates 30 years of success in 2018, and has delivered and continues to construct more than 300 commercial and defence vessels for more than 100 operators in 54 countries worldwide.

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

Delivering 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.

With relentless determination, Austal continues to pursue and win commercial and defence projects throughout the world, playing a leadership role in developing Australia’s sovereign shipbuilding capability.

Contact

Gemma Whiting - Government Relations Manager

Mobile: +61 (0)408 982 726

Email: gemma.whiting@austal.com