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