DEFENCE CONTRACTORS – AUSTRALIA

Plan to save Australian shipbuilding industry

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Original article by John Kerin
The Australian Financial Review – Page: 4 : 31-Mar-15

ASC, BAE Systems and Forgacs have begun shedding workers at their Australian shipyards in response to a lull in defence projects. The Federal Government has proposed a new strategy for the shipbuilding industry whereby new naval vessels will be continuously built over the next two decades, replacing older vessels as they are retired from service. Japan has a similar program for its submarine fleet

CORPORATES
ASC PTY LTD, BAE SYSTEMS AUSTRALIA LIMITED, FORGACS ENGINEERING PTY LTD, AUSTRALIA. DEPT OF DEFENCE, AUSTRALIAN STRATEGIC POLICY INSTITUTE LIMITED

Austal in the crossfire as big guns battle

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Original article by Paul Garvey
The Australian – Page: 19 : 11-Jul-14

There has been criticism of a US military shipbuilding program that involves Australian-listed Austal. The company has been chosen to build half of the ships for the US Navy’s $US34 billion ($A36.2 billion) littoral combat ship program. However, concerns have been raised about the program by senior figures in the US Government. Austal CEO Andrew Bellamy is confident about the program, which will supply between 50 per cent and 60 per cent of the company’s future work

CORPORATES
AUSTAL LIMITED – ASX ASB, UNITED STATES. DEPT OF DEFENSE, REPUBLICAN PARTY (UNITED STATES), UNITED STATES NAVY, LOCKHEED MARTIN CORPORATION