Austal's Independence Class LCS surveillance frigate. Things could have been much worse for Austal. The Mobile Alabama shipyard has been on tenterhooks since early 2019, when federal agents first ...

On the Australian timeline, Austal Ltd. announced in 2022 that it has resolved that investigation with a civil settlement and a $650,000 (Australian) penalty. On the Alabama side, federal agents ...

The day after I published my report on Austal, the company announced that General Dynamics Electric Boat (GD) awarded the company a $450 million contract in support of the Columbia-class and ...

J.P. Morgan analyst Russell Gill downgraded Austal Limited (AUTLF – Research Report) to a Hold yesterday and set a price target of A$3.75. The company’s shares closed yesterday at $2.51.