Australian shipbuilder Austal bags $2.8 billion government contract

Austal

19/02/2026 22:25

Feb 20 (Reuters) - Australia's Austal ASB.AX said on Friday it has been awarded a A$4 billion ($2.82 billion) contract to build eight landing craft heavy (LCH) vessels for the Australian government.

($1 = 1.4178 Australian dollars)

(Reporting by Sneha Kumar in Bengaluru; Editing by Jonathan Ananda)

((Sneha.Kumar@thomsonreuters.com;))