AUSTAL USA has been awarded a $450 million contract by General Dynamics Electric Boat to expand its submarine module production capacity at its US shipyard.

Austal CEO Patrick Gregg said, 'General Dynamics Electric Boat has recognised that Austal USA is a solid partner to deliver high-quality components for Virginia- and Columbia-class submarines. This growing partnership demonstrates confidence in Austal USA's commitment to meet the needs of the US maritime industrial base and support the most critical needs of the US Navy.'