Austal Australia Awarded Contract for Two Additional Evolved Cape-Class Patrol Boats
Austal Australia Expands Fleet for Australian Border Force
Austal Limited (ASX:ASB) is excited to announce that Austal Australia has been awarded a contract extension for the construction of two additional Evolved Cape-class Patrol Boats, to be delivered to the Australian Border Force (ABF). The A$137.02 million contract brings the total number of Evolved Cape-class Patrol Boats under construction to reflect the defense contractor's commitment to enhancing maritime security.
Significance of the Contract
This contract underlines the ongoing partnership between Austal and the Australian government, emphasizing the importance of a strong maritime border security framework.
- Enhanced Fleet Capability: The additional patrol boats will bolster the operational efficiency of the ABF.
- Investment in National Security: This investment demonstrates a proactive approach to enhancing border protection.
- Job Creation: The contract is likely to contribute to job stability and creation within Australia.
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.