Austal considering $1.7 billion US buyout by South Korean suitor Hanwha
2 sources·Updated August 11, 2026
Covered by 2 sources
- The West Business·1h agoSean Smith: Money tops emotion in potential Austal sale of its US naval shipyard
Chief executive Paddy Gregg says it’s tough even considering a sale to South Korea’s Hanwha, but money talks.
Read at The West Business → - The West Australian·8h agoAustal considering $1.7 billion US buyout by South Korean suitor Hanwha
If the offer is successful, Austal would continue to trade on the ASX and retain its Australian shipbuilding operations based at Henderson.
Read at The West Australian →
