Austal (ASX:ASB) has confirmed that its subsidiary, Austal Ships, has been awarded a contract extension to build two more Evolved Cape-class Patrol Boats for the Australian Border Force, valued at over $135 million.
This latest order increases Austal’s total contracted Evolved Cape-class fleet to 14 vessels, underscoring the company’s ongoing partnership with the ABF and the Royal Australian Navy in strengthening Australia’s maritime security.
Austal CEO Paddy Gregg said the additional patrol boats would further enhance Maritime Border Command’s readiness and operational reach.
"Over the past five years, the Evolved Cape-class Patrol Boats have proven themselves as highly capable, reliable assets for Australia’s border protection missions," Gregg said.
"With nine vessels already delivered and two more under construction, this new order bolsters Australia’s maritime surveillance and response capability across Northern Australia and the nation’s extensive maritime domain."