I am confident that the LCS/SSC program will continue on for many years to come. The USN is committed to the program and at under $400 mill a ship it is now good value. There will be more JHSV sales as well as a contract from the Aust Govt for either some LCS or Cape Class or both.
The thing I am having trouble understanding the value of is the support contracts. How much margin is in those contracts, will ASB support all ships they build and are they stable, profitability wise?
No idea on ferries but would not expect much business in the future.
Ann: Austal delivers sixth Cape Class Patrol Boat, page-4
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Last
$3.19 |
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0.030(0.95%) |
Mkt cap ! $1.072B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.19 | $3.10 | $2.772M | 880.5K |
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| No. | Vol. | Price($) |
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| 1 | 1185 | $3.17 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.19 | 1700 | 1 |
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