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Australian Yard Austal given Lift after Defence contract Win 31 Oct 2003
Shares in Austal climbed nearly 30% on Friday after its subsidiary, Austal Ships, and Defence Maritime Services, won a half-a-billion dollar contract over 15 years to build Australia's new coastline surveillance boats. [more..]

New Frigates Commissioned( 05 Sep 2002)
THE Royal Australian Navy's (RAN) newest warship was commissioned in Sydney today. HMAS Stuart is the fourth of eight Anzac class frigates to be completed for the RAN and the first to call Sydney home. [more..]