Austal

Spearwood, Australia Founded: 1988 • Age: 38 yrs Listed Acquired By Hanwha
Ships for defence and commercial sectors are designed and manufactured.

About Austal

Austal is a publicly listed company based in Spearwood (Australia) founded in 1988, and was acquired by Hanwha in June 2025. Ships for defence and commercial sectors are designed and manufactured. The company has 4,400 employees. Austal has completed 2 acquisitions, including Austal and ElectraWatch. Its website austal.com draws about 36 thousand monthly visits. Austal offers products and services including Defence Vessels and Commercial Ferries. Its focus areas include Industrial Goods and Manufacturing, Manufacturing Services and Diversified. Its legal entity is Austal Limited.

Company details

Austal was founded in 1988 and is headquartered in Spearwood, Australia. Operations focus on the shipbuilding industry, where advanced vessels for defence and commercial applications are designed, constructed, and delivered. Services include engineering, fabrication, and support for naval and civilian maritime needs. Global projects are managed from facilities in Australia, with expansion into international markets for specialized ship solutions.

  • Headquarters Spearwood, Australia
  • Employees 4,400
  • Stage Acquired
  • Sectors
    Industrial Goods & Manufacturing
  • Website category Heavy Industry and Engineering · Aerospace and Defense
  • Email
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  • Phone
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  • Website austal.com
  • Social LinkedIn X Facebook YouTube
  • Acquired by Hanwha (Jun 2025)
  • Legal Name Austal Limited
Key Metrics
  • Annual Revenue
    $1.4 B (USD)
    11.28
    as on Jun 30, 2026
  • Net Profit
    -$36.91 M (USD)
    -159.73
    as on Jun 30, 2026
  • EBITDA
    -$51.69 M (USD)
    -148.96
    as on Jun 30, 2026
  • Investors
  • Employee Count
    4,400
  • Investments & Acquisitions
    Austal

    & 1 more

  • Acquired by
    Hanwha

    (Jun 2025)

Products & Services of Austal

Austal offers a comprehensive portfolio of products and services, including Defence Vessels and Commercial Ferries.

Defence Vessels
Shipbuilding

Naval vessels and patrol boats are designed and constructed by Austal for military purposes.

Commercial Ferries
Maritime Transport

High-speed passenger and vehicle ferries are produced by Austal for commercial operators.

Apps and channels of Austal

its YouTube channel Austal has 32.9K subscribers and 30 videos.

Austal
YouTube 32.9K subscribers 30 videos Science & Technology
Open channel

Videos from Austal

The most watched videos on Austal's YouTube channel, Austal (32.9K subscribers). Click a video to play it here.

Austal Offshore Patrol 60
104.5K views
Austal Offshore Patrol 83 - Technical Presentation - 2022
48.8K views
Largest ferry ever constructed by an Austal shipyard LAUNCHED - Hull 423 - Express 5 for Molslinjen
48.3K views
Austal Offshore Patrol 83 - Multi-mission Ready - 2022
47K views

More on Austal.

Investors in Austal

Austal has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Hanwha.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Manufacturer of solar cells, modules, and other related components
1952hanwha.comSeoul, South Korea
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Investor details for Austal

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People of Austal

53 people are tracked at Austal (16 in leadership, 4 in board & advisors, 33 in team); the tracked headcount is 4,400.

NameRoleGroup
Brent Carey
Head Of Supply ChainLeadership
Paddy Gregg
Chief Executive OfficerLeadership
Glenn Callow
Chief Technology OfficerLeadership
Christian Johnstone
Chief Financial OfficerLeadership
Sam Abbott
Head Of Research And DevelopmentLeadership
Peter Leitans
Head Of ICTLeadership
Lawrence Ryder
Vice President Of Business Development And External RelationsLeadership
Paul Sparke
Head Of Marketing And CommunicationsLeadership
Stephen Williamson
Director - Test & Activation, Marine Ops, Preventive Maintenance, Care & Protection, Lockout/tagoutLeadership
Rob Allen Fieaust Cpeng
Head Of QualityLeadership
Rod Bird
Head Austal TechnologyLeadership
Neil Formosa
Deputy Head Of Supply ChainLeadership
Neil Seddon
Director Of ManufacturingLeadership
Gavin Stewart
Executive General Manager - Strategic ShipbuildingLeadership
Samuel Forde
General Manager Of Strategic Shipbuilding ProgramsLeadership
Robert Jackson
Head Of Capability - Strategic ShipbuildingLeadership
Lee Goddard
Independent Non-Executive DirectorBoard & advisors
Kathryn Toohey
Independent Non-Executive DirectorBoard & advisors
Richard V. Spencer
ChairmanBoard & advisors
Brent Cubis
Independent Non-Executive DirectorBoard & advisors

33 more people are available in the full profile.

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IPO & Listings of Austal

Austal is a publicly listed company on the ASX with ticker symbol ASB in Australia, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date08 Dec 1998
  • Listed onASX: ASB
  • Listed entityAUSTAL LIMITED
  • Exchange sectorProducer manufacturing
  • ISINAU000000ASB3
  • Share price4.13 AUD (+10.13% on the day) · 2026-10-14
  • Market capitalisation1,580,203,629.00 AUD
  • Price to earnings27.9
  • EPS (diluted, trailing year)-0.13 AUD
  • Volume (last session)3,985,483

Financials of Austal

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
20262.03B AUD-53.6M AUD-75.1M AUD
20251.82B AUD89.7M AUD153.3M AUD
20241.47B AUD14.9M AUD43.4M AUD
20231.59B AUD-13.8M AUD33.2M AUD
20221.43B AUD79.6M AUD154.0M AUD
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Detailed financial statements for Austal

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Investments & Acquisitions by Austal

Austal has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Austal and ElectraWatch.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Hull and structural repairs along with maintenance services are provided.
bse.net.auCairns, Australia2000Oct 2020$19.51M
Manufacturing services for aluminum sensitization probe devices are provided.
electrawatch.comCharlottesville, United States2007May 2018β€’β€’β€’β€’
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Complete acquisition details for Austal

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  • Exports

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Timeline of Austal

5 dated milestones of Austal across 37 years, from founding to its latest funding, stage changes and deals.

  1. Founded Austal is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires ElectraWatch.
  4. Acquisition Acquires Austal.
  5. Exit Acquired by Hanwha.

Web traffic of Austal

The website of Austal (austal.com) receives about 35.8K visits a month and ranks #611,604 among all websites worldwide, #9,073 in Aerospace and Defense.

  • Monthly visits
    35.8K

    ▼ 27.9% vs previous month

  • Unique visitors
    20.6K

    per month

  • Global rank
    #611,604

    among all websites

  • Category rank
    #9,073

    Heavy Industry and Engineering · Aerospace and Defense

Similar websites

Websites whose visitors overlap most with Austal. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
teekay.com
100%
30.2K#971,160View details
bollingershipyards.com
93%
10.9K#2,205,610View details
c-sgroup.co.uk
c-sgroup.co.uk
78%
#2,336,409–
ardexaustralia.com
78%
#678,664View details
incat.com.au
incat.com.au
56%
#2,144,438–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Austal

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Complete news archive for Austal

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Frequently Asked Questions about Austal

Austal was founded in 1988.

Austal is headquartered in Spearwood, Australia. It is registered at Spearwood, Western Australia, Australia.

Austal has 4,400 employees.

Annual revenue of Austal is $1.4B as on Jun 30, 2026.

Austal was founded in 1988 and is headquartered in Spearwood, Australia. Operations focus on the shipbuilding industry, where advanced vessels for defence and commercial applications are designed, constructed, and delivered. Services include engineering, fabrication, and support for naval and civilian maritime needs. Global projects are managed from facilities in Australia, with expansion into international markets for specialized ship solutions.

Austal offers Defence Vessels and Commercial Ferries.

Yes, Austal is publicly traded on ASX under the ticker symbol ASB.

Austal has made 2 acquisitions, including Austal, and ElectraWatch.

Austal has 1 investor. Key investors include Hanwha.

Austal operates through Austal Limited.

Yes. Austal was acquired by Hanwha in June 2025.

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