A South Korean shipbuilder this week purchased a stake in the Australian company that owns one of the major U.S. naval ...

Observers watching developments with listed ship builder Austal could be keeping their eye on the wrong horse when it comes ...

Hanwha Group is investing approximately 300 billion won ($206.4 million) to acquire about 20% stake in Austal, an Australian ...

Energy-to-defense giant set to become largest shareholder of key vessel supply to US Navy South Korean conglomerate Hanwha ...

Austal is betting that its unique story – building ships for Donald Trump – can support a capital raising in the worst market ...

Austal chairman Richard Spencer has blasted South Korea’s Hanwha Group over its renewed attempts to gain control of the navy ...

Austal has tapped Euroz Hartleys to raise up to $220m by way of a placement and a share purchase plan. It comes as shares in ...

The U.S. Navy accepted delivery of ship to shore connector, landing craft, air cushion (LCAC) 112 from Textron Systems on ...

The project includes an assembly hall for large steel vessels, for the US Navy and US coastguard, along with waterfront improvements and a new ship lift system. Austal has also received a letter of ...