EPF 11 COMPLETES ACCEPTANCE TRIALS FOR U.S. NAVY

COMPANY ANNOUNCEMENT
26 AUGUST 2019

AUSTAL Limited (ASX: ASB) is pleased to announce that the 11th Austal designed and built Expeditionary Fast Transport Vessel, the future USNS Puerto Rico (EPF 11), has successfully completed U.S. Navy Acceptance Trials.

These trials, conducted in the Gulf of Mexico, were unique in that they integrated formal Builder’s Trials with Acceptance Trials for the first time on an EPF vessel.  By combining the two at-sea trials into one event, there are great efficiencies gained, enabling reduced costs and a shorter completion schedule.

Austal CEO David Singleton congratulated Austal USA for achieving this critical program milestone.

“The future USNS Puerto Rico successfully completed and passed all tests – a clean sweep – and returned from sea earlier than scheduled, a testament to the effort and expertise of Austal USA’s professional shipbuilding team and the U.S. Navy’s Board of Inspection and Survey (INSURV),” he said.

“These trials involved the execution of intense, comprehensive testing by the Austal-led industry team while underway, which demonstrated to the U.S. Navy the successful operation of the ship’s major systems and equipment.

Sea trials are the last milestone before delivery of the ship. The future USNS Puerto Rico is scheduled for delivery to the U.S. Navy before the end of the year and is the eleventh Spearhead Class ship in Austal’s 14-ship EPF portfolio.

“The flexibility and versatility of the EPF is becoming increasingly evident. From serving as a mother ship to test unmanned aerial and undersea systems in the Atlantic to performing as command ships in Pacific Partnership 2019 (an exercise that includes more than 500 military and civilian personnel from more than 10 nations), the EPF fleet is proving to be a great asset to the future 355-ship US Navy,” Mr Singleton said.

Austal’s EPF program is mature with ten ships delivered and three more under construction in Mobile, Alabama, in addition to the future USS Puerto Rico. The Spearhead-class EPF is currently providing high-speed, high-payload transport capability to fleet and combatant commanders.

The EPF’s large, open mission deck and large habitability spaces provide the opportunity to conduct a wide range of missions from engagement and humanitarian assistance or disaster relief missions, to the possibility of supporting a range of future missions including special operations support, command and control, and medical support operations.  With its ability to access austere and degraded ports with minimal external assistance, the EPF provides unique options to fleet and combatant commanders.

In addition to the EPF program, Austal has also received contracts for 19 Independence-variant Littoral Combat Ships (LCS) for the U.S. Navy.  Ten LCS have been delivered, five ships are in various stages of construction and four are yet to start construction.

Austal Media Contact

Contact:             Cameron Morse

Mobile:              +61 (0) 433 886 871

Email:                media@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 celebrated 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.