Mobile, AL, Oct. 10, 2017 (GLOBE NEWSWIRE) -- Austal USA was awarded a construction contract by the U.S. Navy today to build an additional Independence-variant Littoral Combat Ship, its fifteenth ship in the class. The award of LCS 30 is a clear sign of the Navy’s confidence in Austal’s LCS program. The specific value of the contract is under the congressional cost cap of $584 million per ship.
“We’re honored to be awarded this contract in such a highly competitive environment,” said Austal USA President Craig Perciavalle. “This further supports the Navy’s recognition of Austal as a key component in building their 355-ship fleet, which is a testament to the hard work and commitment of our talented employees and dedicated supplier network.”
The littoral combat ship has been identified as a key component to the Navy’s ability to gain sea control through distributed lethality.
Austal USA employs 4,000 people at its headquarters and ship manufacturing facility in Mobile, Ala., while its supplier network includes over 2,200 businesses across 43 states. Austal continues to reduce cost and deliver on schedule handing over two LCS ships in 2016 and one of two in 2017, all under the congressional cost cap. This, along with the successful Expeditionary Fast Transport (EPF) program, has helped make Austal the fifth largest shipbuilder in the United States and 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,” said Perciavalle. Construction of LCS 30 is scheduled to begin in 2019.
Austal delivered the future USS Omaha (LCS 12) to the Navy last month and is scheduled to deliver the Expeditionary Fast Transport USNS City of Bismarck (EPF 9) before the end of the year. With six LCS and eight EPFs already delivered, Austal-built ships are impacting worldwide operations.
“Whether we’re supporting our delivered ships in San Diego or Singapore, the Mediterranean or the Caribbean, we continue hearing positive feedback from the fleet commanders on the value and effectiveness of our LCS and EPF,” said Perciavalle. “We remain dedicated to building these ships safely, timely and with the quality and craftsmanship our customers have come to know and expect from Austal.”
Expeditionary Fast Transports are providing valuable humanitarian assistance and disaster relief to both Florida and Puerto Rico in the wake of hurricanes Irma and Maria.
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About Austal USA
Austal USA is a subsidiary of Australian-based Austal Limited. Austal USA is headquartered in Mobile, Ala. with offices in San Diego, Washington, D.C., and Singapore. The company is well positioned to support both commercial and government ship construction as well as post-delivery service and support worldwide. Austal USA is on contract with the U.S. Navy to build two high-speed advanced ship classes, the Expeditionary Fast Transport (formerly known as the Joint High Speed Vessel) and the Independence-variant Littoral Combat Ship. Austal USA is not only the newest and most state-of-the-art shipyard in the U.S., but also one of the safest as the company has earned 10 safety awards in its short 18-year history.
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Further Information:
Austal USA Press
(251) 445-5911
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/9bdbb5bf-2974-4c70-848e-a3e3b7f526ca
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/1cee45d2-09db-433f-be27-553b68b8d504