Ok Bobtail and Daniel....I don't normally do this, and please treat this as a rumour until confirmed, however a former employee of Austal in Alabama has stated that Austal has been sold to General Dynamics, it's partner in the LCS program.
If this is true, it may be decent for you guys, but it is sad from an Australian IP perspective. Bloody yanks.
Here is the article I got this info from, there is 1 comment....and it makes sense otherwise I would never have posted it.
The comment is not very complimentary to Oz management styles either lol.
http://blog.al.com/press-register-business/2012/11/austal_enters_trading_halt_pen.html
What will GD pay for it....whatever it is it will be a steal for that order book.
unbelivable, page-3
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