imo only and if conditions continue as in general business and CJV ,if one wants to see a spike wait for NNS approval of bisalloy's hull steel.
NNS has designed and produced 70% of the US navy.From aircraft carriers to submarines.
Yes they have their own foundry.But increasing the industrial base for submarines is a US navy/govt priority.
If i'm correct Austal will become the second largest US navy producer including virginia and columbia class submarines as in modules fitted out.
I probably expect first contract may be delivered to new austal facility all 1.5 million sq ft facility then imo only the party begins.
News: BIS Australian steelmaker shares soar after AUKUS submarine contract, page-5
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$3.88 |
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