Austal USA Company Research Report

Company Overview

• Name: Austal USA

• Mission of the company: Austal USA's mission is to meet commitments while yielding strong shareholder returns, providing innovative and affordable solutions to customers, fostering a culture that values diversity, and building strong relationships for mutual success.

• Founded: 1999

• Founders: Not specified in the provided data.

• Key People:

• Michelle Kruger, President

• Christopher M. Chadwick, Chairman of the Board

• Richard V. Spencer, Board Member

• Glenn P. Brady, Board Member

• Paddy Gregg, Board Member

• Allison F. Stiller, Board Member

• Headquarters: 100 Austal Way, Mobile, Alabama, USA

• Number of Employees: Over 3,000

• Revenue: No information is available

• What is the company known for: Austal USA is known for being a leading ship manufacturer specializing in aluminum and steel ship construction with a focus on defense and commercial vessel platforms.

Products

• Ships Offered:

• Littoral Combat Ship (LCS): A versatile, high-speed combat ship designed for operations close to shore.

• Expeditionary Fast Transport (EPF): Formerly known as the Joint High-Speed Vessel (JHSV) which is designed for rapid transport and deployment of troops and equipment.

• Heritage-class Offshore Patrol Cutter (OPC): Ships designed for the U.S. Coast Guard for patrol duties.

• TAGOS-25 Ocean Surveillance Ship: Built for oceanographic data collection.

• Landing Craft Utility (LCU) vessel: Used for transporting equipment and troops to shore.

• Spearhead-class EPF: Part of a transport program for fast deployment.

• Navajo-class Towing, Salvage, and Rescue ship (T-ATS): Multi-purpose support ships.

• Expeditionary Medical Ship (EMS): For medical and casualty evacuation support.

• Auxiliary Floating Dry Dock Medium (AFDM): For servicing naval vessels.

Key Features

• Littoral Combat Ship (LCS): High speed, flexible mission module capacity, designed for coastal operations.

• Expeditionary Fast Transport (EPF): High-speed, large cargo capacity, designed for rapid troop and cargo transport.

• Heritage-class Offshore Patrol Cutter (OPC): Focus on endurance, capable of carrying remote surveillance systems.

• TAGOS-25 Ocean Surveillance Ship: Equipped with advanced sonar and acoustic surveillance systems.

Recent Developments

• Recent Product Launches and Construction:

• The final Expeditionary Fast Transport, USNS Lansing (EPF 16), celebrated with a keel-laying ceremony in September 2024.

• Launch of the final Littoral Combat Ship, future USS Pierre (LCS 38), in August 2024.

• New Developments:

• Austal USA broke ground on a new manufacturing facility for submarine modules in October 2024, expected to be operational in late 2026.

• Expansion of Mobile shipyard to support the submarine industrial base with a $450 million contract award in September 2024.

• New Partnerships:

• Austal USA was awarded a contract by General Dynamics Electric Boat for infrastructure expansion at the Mobile shipyard.

• Other Notable Developments:

• Ribbon-cutting for the expansion of Austal USA Advanced Technologies in Charlottesville, Va in August 2024.

• Participation in various community-centric activities, such as the 2025 Charity Golf Invitational, selecting 14 charities for support.

This report has been compiled based on the available information extracted from the provided data concerning Austal USA. Fields with no available information have been denoted accordingly.