ASB 2.59% $3.17 austal limited

May 4 (Reuters) - Austal Ltd (ASB) : Been awarded a US$18.5...

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    May 4 (Reuters) - Austal Ltd (ASB) :

    • Been awarded a US$18.5 million contract to procure long-lead-time materials for the twelfth expeditionary fast transport vessel
    • Twelfth expeditionary fast transport vessel (epf 12), for the U.S. navy.
    • Costs incurred will be reimbursed but no profit will be recognised prior to execution of the shipbuilding contract.
    • Award covers materials including main propulsion engines, water jets, stern ramp and other long-lead-time items
                        
 
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