AUSTAL has been awarded a $185.4m contract by the US military to provide aluminium vessel construction for a high speed transport vessel.
The company expects to be awarded nine more contracts for Joint High Speed Vessels (JHSV) from the US Department of Defence, making for a contract valued at $2.4b.
The Perth-based company says it is the only company in the US with the experience and purpose built facilities and processes to carry out aluminium vessel construction.
It will design and build the first 103m ship at its Alabama shipyard. The ship will transport troops and their equipment, and can operate in shallow waters.