Le Lézard
Classified in: Business
Subjects: BUSINESS CONTRACTS, MISCELLANEOUS

Austal USA Awarded Littoral Combat Ships 32 and 34


Mobile, Sept. 19, 2018 (GLOBE NEWSWIRE) --

Austal USA was awarded a contract modification by the U.S. Navy today to build two additional Independence-variant Littoral Combat Ships, its sixteenth and seventeenth ships in the class. The award of LCS 32 and 34 is a clear sign of the continued confidence the Navy has in Austal's LCS program. The specific value of each contract is under the congressional cost cap of $584 million per ship.


"To be awarded these Independence-variant contracts in such a highly competitive environment is a great honor," said Austal USA President Craig Perciavalle. "This is a testament to the hard work and commitment of our talented employees and dedicated supplier network, and further evidence of the important role Austal plays in building the Navy's 355-ship fleet."

Austal continues to reduce cost and deliver on schedule handing over three Independence-variant LCS to the Navy this year, all under the congressional cost cap. The littoral combat ship has been identified as a key component to the Navy's ability to gain sea control through distributed lethality. This, along with the highly-successful Expeditionary Fast Transport (EPF) program, positions the company well to rapidly and efficiently support the Navy's desired fleet of 355 ships with affordable solutions. 

"This amazing team effort highlights the value and importance of the American industrial base, and these awards will keep Austal busy building ships into 2023" said Perciavalle.  Construction of LCS 32 is scheduled to begin in 2019.

Austal delivered the future USS Charleston (LCS 18) to the Navy last month and is scheduled to deliver USNS Burlington (EPF 10) before the end of the year. With eight LCS and nine EPFs already delivered, Austal-built ships are impacting worldwide operations.

"It's exciting to hear the positive feedback from the fleet commanders on how well our ships match their mission requirements as they operate globally," said Perciavalle. "We will continue to  build these ships in a safe and timely manner with the quality and craftsmanship that Austal has come to be known for."

Attachment


These press releases may also interest you

at 21:40
TSX VENTURE COMPANIES None today. 24/04/24 - TSX Venture Exchange Bulletins TSX VENTURE COMPANIES BULLETIN V2024-1192 AUKA CAPITAL CORP. ("AUK.P") BULLETIN TYPE:  HaltBULLETIN DATE:  April 24, 2024TSX Venture Tier 2 Company  Effective at 5:10 a.m....

at 21:37
Ademi LLP is investigating HashiCorp for possible breaches of fiduciary duty and other violations of law in its transaction with IBM....

at 21:27
Labcorp , a global leader of innovative and comprehensive laboratory services, announced today that it has been selected as the winning bidder for select assets of Invitae, a leading medical genetics company.  Before the transaction can proceed,...

at 21:26
OKX, a leading Web3 technology company, has issued updates for April 24, 2024. OKX DeFi Launches 'zkSwap Bonus Event' Offering Users...

at 21:19
Invitae , a leading medical genetics company, announced that Labcorp , a global leader of innovative and comprehensive laboratory services, has been selected...

at 20:55
Quorum Information Technologies Inc. ("Quorum"), a North American SaaS Software and Services company providing essential enterprise solutions that automotive dealerships and Original Equipment Manufacturers ("OEMs") rely on for their operations,...



News published on and distributed by: