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Austal Ltd Awarded Construction Contract For JHSV10


Thursday, 20 Dec 2012 08:16pm EST 

Austal Ltd announced that it has been awarded a USD 166,881,824 modification to previously awarded contract (N00024-08-C-2217) to exercise the construction option for Joint High Speed Vessel 10. Work is expected to be completed by June 2017. As of December 21, 2012, Austal is under contract with the U.S. Navy to build all ten 103-meter JHSVs under a 10-ship, USD 1.6 billion contract and five 127-meter Independence-variant LCS class ships, four of which are a part of a 10-ship, USD 3.5 billion contract. 

Company Quote

1.265
-0.035 -2.69%
12:37am EDT