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    Austal
    Shipbuilding, Defense Contracting

    Austal

    Australia flagAustralia

    "Defending nations, connecting communities and sustaining fleets"

    Founded 1988 Henderson, Western Australia
    Community

    About

    David Brown and Peter Baker started Austal in Henderson, Western Australia, back in 1988. They built the company around a specific skill set: high-speed aluminum catamarans that could handle rough seas while moving fast. That early focus on lightweight materials and modular construction helped them grow from a small boat builder into a major defense contractor capable of handling massive steel-hull projects.

    Their footprint expanded significantly across the globe, with operations now sitting on three continents. The Mobile, Alabama facility became a powerhouse for U.S. Navy contracts, while smaller sites in San Diego and Charlottesville supported regional needs. By 2017, the shipyard had already delivered more than 260 vessels to clients ranging from commercial ferry operators to the Royal Australian Navy.

    In 2026, the company continued to push boundaries with heavy industry milestones. They launched the AFDM-15, a floating dry dock measuring 694 feet that weighed roughly 12,000 tons. This marked the largest vessel ever launched from their Mobile yard and represented the first new auxiliary floating dry dock built for the Navy in over four decades. Later that year, they also delivered the LCU 1710, their first steel-hull utility landing craft for the U.S. Navy.

    Products & Sub-brands

    Utility Landing Craft (LCU) 1710Auxiliary Floating Dry Dock Medium 15 (AFDM-15)Littoral Combat Ship (LCS)High-speed aluminum catamaransIdol superyacht

    Frequently Asked Questions

    Who owns Austal?
    Austal Limited is an independent public company listed on the Australian Securities Exchange under the ticker ASB. In August 2026, Hanwha Defense USA made a preliminary offer to purchase its U.S. subsidiary, Austal USA, for up to $1.2 billion.
    Where is Austal USA located?
    The American division operates primarily out of Mobile, Alabama. They also maintain facilities in San Diego, California, and Charlottesville, Virginia, which support naval shipbuilding and repair missions.
    What ships does Austal build?
    They specialize in high-speed aluminum catamarans for commercial use and advanced steel or aluminum vessels for defense. Their portfolio includes Littoral Combat Ships, Utility Landing Crafts, and large floating dry docks like the AFDM-15.
    Is Austal still in business?
    Yes, the company remains fully active in 2026. Recent achievements include delivering the first steel-hull landing craft to the U.S. Navy and launching the largest vessel in their Mobile yard's history.
    How much is Austal worth?
    As a publicly traded entity, its valuation changes with the stock market. However, the U.S. operations were valued at approximately $1.2 billion during the 2026 acquisition proposal from Hanwha.

    Keywords

    shipbuildingdefense contractoraluminum catamaranNaval vesselsMobile AlabamaHanwha acquisitionAFDM-15LCU 1710

    Sources

    Company Info

    Founded
    1988
    Founder
    David Brown, Peter Baker
    Headquarters
    Henderson, Western Australia
    Industry
    Shipbuilding, Defense Contracting
    Parent Company
    Austal Limited (ASX: ASB)
    Key Facility Location
    Mobile, Alabama
    Major 2026 Event
    Launch of AFDM-15

    Official Website

    www.austal.com/

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