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Tag: Austal

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Australia Orders Two Additional Patrol Boats From Austal; Paddy Gregg Quoted

The Australian Department of Defence is expanding its maritime capability with two additional Guardian-class patrol boats from Austal Australia under a deal estimated at $26 million. Austal has already delivered 30 patrol boats, which are 39.5-meter steel-hull vessels made in Henderson, Western Australia, with the help of local supply chain partners. Of the 30 vessels...

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Autonomous Australian Navy Patrol Boat Concept Advances With Austal’s Sentinel Test Completion

Australia-based global shipbuilder Austal has announced the completion of seaworthiness tests of a remotely and autonomously operated vessel in collaboration with the Royal Australian Navy’s Warfare Innovation Navy branch. Other partners in the project, funded by the Australian government, include Greenroom Robotics and Trusted Autonomous Systems. The project, dubbed the Patrol Boat Autonomy Trial, utilized...

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Austal Drops Hanwha Ocean’s Acquisition Proposal

Austal, a global shipbuilding company and defense prime contractor based in Australia, has rejected a $2.82-per-share acquisition offer from Hanwha Ocean. According to Austal, it considered the proposal with its advisers and concluded that Hanwha may encounter difficulties securing regulatory approvals as part of the acquisition process. In a press release, Austal explained that the...