Australian shipbuilder Austal Ltd. says that discussions about a possible sale of its U.S. subsidiary, Austal USA, are ...

Austal shares rose 7.5% as investors assessed potential interest in Austal USA, while the company's growing defence order book supported a recovery despite earnings concerns.

Austal confirmed in a stock exchange filing on Wednesday, October 14, that it has commenced commercial negotiations with Hanwha Defense USA while ...

Naval shipbuilder Austal has announced an extension for Hanwha Defence USA to submit a formal proposal to acquire the ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Korean conglomerate Hanwha Group is moving to acquire Austal Limited's struggling U.S.

A former Australian government security expert is among executives of a Florida-headquartered investment group which has lobbed a $1.87 billion buyout bid for Austal’s shipyard in the United States, ...

A Korean company is proposing to pay more than $1 billion in cash for Austal USA, an Australian-owned, Mobile-based shipyard in the middle of aggressive plans to expand its workforce from 3,000 to ...

Mobile-based shipbuilder Austal USA and the U.S. Coast Guard came together Monday to celebrate work on a ship that represents a critical future for both parties – if they can overcome problems so ...

South Korea’s Hanwha has made a preliminary offer worth up to $1.2 billion to acquire Austal USA, potentially giving the Korean defense giant control of one of the largest U.S. naval shipbuilders as ...

Given their importance to the nation, you may have assumed the top manufacturers of U.S. Navy ships are all American. But one of those shipbuilders, Austal USA, is actually an Australian company ...

In what management is calling a “defining moment” for the company, Austal and the Government of Australia have agreed on terms for a Strategic Shipbuilding Agreement. It took nearly two years to reach ...

Austal shipyards in Henderson, Western Australia. Credit: Calistemon/ commons.wikimedia.org (Creative Commons). Austal’s new subsidiary, Austal Defence Shipbuilding Australia, has entered into a ...