The Navy’s decision to award the FFG (X) guided missile frigate contract to Fincantieri Marinette Marine leaves three other shipyards feeling disappointed, including Austal USA, in Mobile, Ala.
In a filing with the Australian Securities Exchange today, Austal Limited (ASX:ASB) said it had been advised that it had not been awarded the contract to construct Guided-Missile Frigates FFG(X) for the U.S. Navy.
Austal was in a four-way competition to construct the FFG(X), proposing an enhanced version...