The defence white paper guarantees ASB will have great opportunities to gain Australian Government Defense contracts into the future.Expect movement in SP tomorrow on the back of this imo.They are spending $195B and the navy will get 9 frigates and 12 off shore patrol boats. I can see Austal perfectly positioned to bag these contracts as I'm sure that the government is keen to build as much as possible in AUSTRALIA.
White paper $195B worth dollars to ASB
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$3.16 |
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