Austal says strong opportunities ahead
27 Feb 2017
Shipbuilder Austal is pursuing its strongest-ever pipeline of potential work, including significant contracts in Australia.
Austal, which has shipyards in the US, Australia and the Philippines, says it is in the midst of bidding for multi-billion-dollar defence and commercial vessel opportunities.
The new Trump administration in the US is looking to expand the number of vessels in the US Navy, which will give Austal the opportunity to extend its current defence contracts beyond 2021.
http://www.sbs.com.au/news/article/2017/02/27/austal-says-strong-opportunities-ahead
Watch for Trump's address to congress today in which he will confirm US military build-up - Austal will benefit hugely when tens of $US Billions get poured into naval ship building under Trump's administration.
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