With little cash and less time, Austal needs hundreds of millions to deliver on an $11.6 billion order book. A sale or extra government support may be the only way out.
Austal USA has hired a former federal prosecutor with 10 years of experience on white collar crime cases to serve as its chief compliance officer. The.
The U.S. Securities and Exchange Commission has indicted three former executives of naval shipbuilder Austal USA on charges of accounting fraud. One w.
At a cost of $100 million, Austal USA has opened a waterfront ship yard in National City that will compete for contracts to repair and modernize Navy ships in San Diego, home of the largest naval fleet on the West Coast.