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How Austal and the US Navy Settled the T-ATS Shipbuilding Dispute

10:51am on Wednesday 1st of October, 2025 AEST Defense
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How Austal and the US Navy Settled the T-ATS Shipbuilding Dispute

10:51am on Wednesday 1st of October, 2025 AEST
Key Points
  • Equitable adjustment reached on T-ATS contract with US Navy
  • Contract scope reduced to three vessels with minimal value changes
  • Cost overruns linked to late technical data and design discrepancies
  • No further impact expected on Austal’s revenue or earnings
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