Austal Australia Awarded New Contract for Evolved Cape-class Patrol Boats
Austal Australia’s New Contract
Austal Limited (ASX:ASB) is thrilled to report that Austal Australia has been awarded a contract extension valued at A$137.02 million for the construction of two additional Evolved Cape-class Patrol Boats. These new vessels are slated for delivery to the Australian Border Force (ABF), enhancing the country's maritime security capabilities.
Enhancing Australia’s Border Protection
This new contract brings the total number of Evolved Cape-class Patrol Boats under construction to five. The A$137.02 million extension emphasizes the commitment to protecting Australian waters and effectively managing border security challenges. With heightened focus on national defense, these patrol boats represent a strategic investment.
- Significant increase in maritime capabilities.
- Strengthening of naval defense objectives.
- Investment in advanced naval technology.
For more details, consider exploring Austal’s official announcements and financial updates.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.