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How Austal’s New 15-Year Deal Will Transform Australia’s Naval Shipbuilding
8:31am on Tuesday 5th of August, 2025 AEST
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Defence
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How Austal’s New 15-Year Deal Will Transform Australia’s Naval Shipbuilding
8:31am on Tuesday 5th of August, 2025 AEST
Key Points
15-year Strategic Shipbuilding Agreement (SSA) signed with Commonwealth
Austal Defence Australia appointed prime contractor for Tier 2 vessels
Contracts for 18 Landing Craft Medium and up to 8 Landing Craft Heavy vessels
Target cost incentive payment model with ‘painshare/gainshare’ provisions
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