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The Latest Breaking News from Austal

Shipbuilder eyes profit bounty from sovereign naval hub

Defence contractor Austal looks forward to busier Australian shipyards after returning to profit and settling a fraud investigation in the United States.

AAP

Military shipbuilder Austal says investigation settlement in best interest of company

Executives with military shipbuilder Austal say settling an accounting fraud investigation is the best outcome for the company and that new financial controls have been put in place

The Independent UK

Austal USA To Pay Million Fine For Fraud

Austal USA, shipbuilder for U.S. Navy, fined million for accounting fraud scheme from 2013-2016.

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Why is Labor lavishing so much money on a shonky outfit like Austal?

Shipbuilder Austal has featured in a succession of scandals. So why is the federal government so keen to lavish taxpayer funding on a company that misleads its investors and delivers dud boats?

Crikey

US Navy shipbuilder Austal USA agrees to pay $24 million to settle accounting fraud probe

A shipbuilder for the U.S. Navy has agreed to admit wrongdoing and pay $24 million to settle an accounting fraud investigation

The Independent UK

Richard Marles takes on reality, comes off second-best in growing Thales scandal

Is the defence minister right when he says his department handles contracts just fine? A long list of critical reports shows that’s garbage.

Crikey

Strategic partnerships, donations and prosecutions: Is Austal a good investment?

Would you invest your super in an arms company? Labor would like you to do just that, it says.

Crikey

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Army landing craft to be constructed by WA shipbuilder

New army landing craft and two navy patrol boats will be built by a Western Australian shipbuilder, as a major review called for the military to be reoriented.

AAP

How a curious tradition steeped in time will bond Canberra to a US warship

Why will one of the latest US warships be named the USS Canberra?

The Canberra Times

Andrew Hastie says the Coalition commissioned up to 70 ships when last in government, while Labor commissioned none. Is that correct?

Shadow Defence Minister Andrew Hastie says the Coalition commissioned up to 70 ships when last in government, and that Labor commissioned none. Is that correct? RMIT ABC Fact Check investigates.

ABC News

Defence engineers flying to Pacific to repair defective Australian-built Guardian-class patrol boats

Numerous problems have been identified on Australian-built patrol boats gifted to Pacific Island nations, prompting the Defence Department to issue advice on how to "minimise risk" for the countries that operate them.

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