Austal Halts Trading Amid Review of U.S. Business

Australian shipbuilder Austal Ltd. has halted trading of its shares pending an announcement concerning a review of its U.S. business. The trading halt of its ordinary shares was revealed in an announcement to the Australian Stock Exchange Thursday saying the trading halt came at the request of the company pending the release of an announcement. A letter included in the … [Read more...]

Austal Delivers LCS 6 to U.S. Navy

  Alabama-based aluminum shipbuilder Austal Limited has successfully delivered the Littoral Combat Ship 6 (LCS 6), the future USS Jackson, to the U.S. Navy, a landmark vessel delivery for the company. USS Jackson is the first ship in its class built by Austal as prime contractor at its shipyard in Mobile, Alabama, under a 10 vessel, US$3.5 billion contract the U.S. … [Read more...]

U.S. Navy to Christen LCS 10 – USS Gabrielle Giffords

The U.S. Navy is getting ready to christen the future USS Gabrielle Giffords, the tenth ship in the Navy's littoral combat ship program. The ship is named after former United States Rep. Gabrielle Giffords. LCS 10 will be the 16th U.S. naval ship to be named for a woman, and only the 13th ship to be named for a living person since 1850. The vessel is to be christened … [Read more...]

Austal USA Cited for Health and Safety Violations at Mobile Shipyard

Austal USA has been cited by the U.S. Department of Labor officials and may have to pay more than $40,000 in penalties related to 12 safety and health violations uncovered the company's facility in Mobile, Alabama. A statement from the U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) earlier this week said that the citation follows a May 2014 … [Read more...]

Video: Future USS Detroit (LCS 7) Launched at Marinette Marine

A Lockheed Martin-led team launched the United States Navy's seventh Littoral Combat Ship (LCS), the future USS Detroit, into the Menominee River this weekend at the Marinette Marine Corporation (MMC) shipyard. The ship’s sponsor, Mrs. Barbara Levin, christened Detroit with the traditional smashing of a champagne bottle across the ship's bow just prior to the launch. "It … [Read more...]