Austal and the Port of Mobile: hiring, expansion, leadership and results.
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By The Maritime Executive 2026-10-14 16:19:08 The companies went public in early August, reporting that Hanwha Defense USA had made a non-binding offer of between $1.0 and $1.2 billion for the U.S. operation while calling for a due diligence review. Hanwha says the substantive issues…
Australian shipbuilder Austal said on Wednesday it had extended the due diligence period for Hanwha Group, allowing the South Korean conglomerate more time to formulate a formal offer for its US business, sending its shares sharply higher. Austal said commercial…
Whether you're sizing up a competitor, researching a prospect, or tracking a major project, everything you need to know about business in WA is right here. Austal has extended the due diligence period for South Korea’s Hanwha as negotiations progress…
Oct 14: Australian shipbuilder Austal said on Wednesday it had extended the due diligence period for Hanwha Group, allowing the South Korean conglomerate more time to formulate a formal offer for its US business, sending its shares sharply higher. • Austal said…
Austal shares soar as Hanwha bid takes shape The West Australian South Korean conglomerate Hanwha is closing in on $1.7 billion purchase of Austalâs US shipyard, with the Australian shipbuilder entering discussions on a binding deal after extending the suitorâ…
Austal’s ownership battle raises national security concerns amid competing bids, impacting Australia’s defense ties with allies. Austal’s ownership battle is shaping up as a major national security issue, with competing bids from Hanwha and Wildcat raising questions about who should…
A Mobile shipyard that repairs and maintains commercial and government vessels is getting federal funding to improve its operations and help strengthen the nation’s supply chains. Alabama Shipyard LLC is one of seven small businesses selected for the U.S. Small…
fox10tv.com MOBILE, Ala. (WALA) - IN-DEPTH WITH SARAH WALL: Officials are holding the official groundbreaking ceremony today for the new I-10 Mobile River Bridge and Bayway Project. The project has been years in the making and is believed to be the largest…
Alabama formally authorized construction on the $3.2 billion Mobile River Bridge and Bayway project. The state said it is the "largest transportation infrastructure project in Alabama history." An Oct 2. groundbreaking is planned. Alabama formally authorized construction on the $3.2 billion Mobile River…
Home » News » Alabama Gov. Kay Ivey authorizes start of construction on the Mobile River Bridge project. Alabama Gov. Kay Ivey said she has authorized the start of construction on the Mobile River Bridge and Bayway project. The project, with a…