AUSTAL USA RECEIVES A$1.28 BILLION EXPEDITIONARY MEDICAL SHIP (EMS) CONTRACT AWARD FROM UNITED STATES NAVY

COMPANY ANNOUNCEMENT

22 DECEMBER 2023

 AUSTAL USA RECEIVES A$1.28 BILLION EXPEDITIONARY MEDICAL SHIP (EMS) CONTRACT AWARD FROM UNITED STATES NAVY

Austal Limited (Austal) (ASX: ASB) is pleased to announce Austal USA has received a US$867.6 million (A$1.28 billion) undefinitised contract award (UCA) for the final design and construction of three Expeditionary Medical Ships (EMS) from the United States Navy.

The EMS is based on Austal’s proven Expeditionary Fast Transport ship (EPF) platform and will be manufactured in Austal USA’s aluminium manufacturing line following completion of the last Expeditionary Fast Transport (EPF 16).

Austal Limited Chief Executive Officer Paddy Gregg said the contract enables the final detailed design for the Expeditionary Medical Ship to be completed and construction of three vessels to commence.

“The new Expeditionary Medical Ship further extends the capabilities of the proven Expeditionary Fast Transport (EPF) platform, designed and constructed by Austal, to enable more complex medical procedures and operations to be performed onboard, at sea and underway,” Mr Gregg said.

“These three new EMS will enhance the US Navy’s capability to provide effective medical and surgical support anywhere in the world, quickly, safely and efficiently.”

The Expeditionary Medical Ship (EMS), an Expeditionary Fast Transport (EPF) variant, is a cost-effective design providing a dedicated medical ship optimized to provide patient holding, stabilization, evacuation and transport in support of Distributed Maritime Operations (DMO). The EMS design features a shallow draft which enables greater reach and allows for direct access to austere ports. The flight deck will accommodate military aircraft, including the V-22 Osprey and CH-53K heavy lift cargo helicopter.

Austal USA has delivered 13 EPF's, a predecessor to the EMS design, to the United States Navy. The company is preparing to deliver the first EPF Flight II, the future USNS Cody (EPF 14), which features enhanced Role 2E medical capability, and has two more Flight II vessels under construction.

This ASX announcement has been approved and authorised for release by Paddy Gregg, Austal Limited’s Chief Executive Officer.

The Expeditionary Medical Ship (EMS) is a high-speed aluminium catamaran based on the proven Expeditionary Fast Transport design that offers enhanced medical support to the United States Navy. (Image: Austal USA)

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