Slide 1: The Australian Shipbuilder
THE AUSTRALIAN SHIPBUILDER AUSTAL SHIPS © SYSTEMS * SUPPORT David Singleton, Chief Executive Officer 28 October 2016
Slide 2: For personal use only
For personal use only >$1.3 billion in revenues. >5500 employees globally. Shipyards in US, Australia and Philippines. Only Australian company in world’s top 100 Defence Contractors. Prime contractor for 2 major US Navy shipbuilding programs. The sole supplier of Commonwealth patrol capa
Slide 3: Deliveries in FY2016
For personal use only Deliveries in FY2016: 2 x Littoral Combat Ships making 4 of 13 ordered to date. 2 x Expeditionary Fast Transports making 7 of 12 ordered to date. 2 x Cape Class Patrol Boats making 8 of 10 ordered to date. 1 x High Speed Support Vessel making 1 of 2 ordered (2nd now del
Slide 4: Experience building vessels of similar size and complexity
For personal use only Austal already builds vessels of similar size and complexity to the new Frigate and Offshore Patrol Boat Vessel’s (OPV) required for the Royal Australian Navy. New Mols Linien vessel is 35% longer than OPV. 4
Slide 5: Littoral Combat Ship program update
For personal use only Littoral Combat Ship has now completed all 3 shock trials required by the US Navy. Tests are intended to confirm ship compliance and complete a 3 - 4 year program of design works. US Navy will study results of Independence and Freedom class (Lockhead Martin LCS variant) r
Slide 6: Cape Class vessels for Royal Australian Navy
For personal use only 2 additional Cape Class vessels ordered for Royal Australian Navy now in construction at Henderson. H380 – 74.6% complete, on schedule for launch early December 2016. H381 – 48.5% complete, on schedule for launch late January 2016. Vessels are on time and running to cos
Slide 7: Crew transfer vessels market
For personal use only 70m LCTV – Rashid Behbudov, Caspian Marine Services – contract value $44.5 million awarded June 2015. 57m LCTV – Undisclosed operator South East Asia – contract value $26 million awarded June 2015. Market for fast and stable crew transfer vessels is developing strongly. O
Slide 8: Steel vessel contract
For personal use only Game changing 19 steel vessel contract. Construction commencing H2 CY2017. Deliveries from 2018 – 2023. Very sophisticated execution requirements from the Royal Australian Navy to Australia Defence standards. Gets us Offshore Patrol Vessel (OPV) ready. OPV’s will be s
Slide 9: Largest ferry since 2011
For personal use only Austal’s largest ferry since 2011 will be built in Henderson. Breaks new ground in speed and lightweight targets. Won in fierce competition. Focus for continued efficiency drive in Australia. 1006 passengers & 22 crew. 425 cars or 610 lane metres for trucks & up to
Slide 10: Philippines shipyard and new ferry orders
For personal use only Have taken steps to strengthen the Philippines shipyard by installing new management who are long time Austal employee’s and familiar with Henderson shipbuilding methodology. 1 x 50 metre passenger catamaran, Seaspovill, South Korea. 2 x 30 metre passenger catamaran, 2GO,
Slide 11: Sustainment revenue stream
For personal use only LCS awaiting launch onto floating platform. Armidale undergoing Maintenance in Darwin. Capes undergoing annual maintenance in Henderson. Key strategy has been to build a reliable long term revenue stream from sustainment from the Navy ships built by Austal in Australia,
Slide 12: Australian support capability
For personal use only Australian business now has a strong support capability in Henderson and Darwin and a growing capability in Cairns. Deep level maintenance on Cape being carried out in Henderson for first time with additional work in Darwin and Cairns. Armidale remediation success recentl
Slide 13: Defence White Paper naval programs
For personal use only Defence White Paper announced 3 new naval programs and the biggest naval build in Australia since WW2. Strong support from the Prime Minister to strengthen Innovative Industry in Australia. Appointment of Minister Pyne demonstrates this intent. The Minister is a powerful ad
Slide 14: For personal use only
For personal use only Request for tenders due November 2016 with responses in H1 CY2016. Austal fully committed to this program. 14
Slide 15: Government intention to split ASC
For personal use only Government has announced its intention to split ASC. Austal has always said that it is willing to co-invest partner in the development of ASC in Adelaide. Austal’s export capability, shipbuilding experience coupled with ASC would make a powerful all Australian combination
Slide 16: Strategic priorities
For personal use only Mature USA operations. Win Australian domestic naval contracts. Pursue and deliver commercial opportunities. Focus on reducing costs. 16
Slide 17: Disclaimer and contact
N Disclaimer AUSTAL David Singleton, Chief Executive Officer Telephone: +61 8 9410 1111 For further information visit www.austal.com Disclaimer This presentation and any oral presentation accompanying it has been prepared by Austal Limited ("Austal’). It should not be considered as an offer or invit