https://news.usni.org/2023/05/18/austal-usa-wins-detail-design-contract-for-navy-t-agosx-ocean-surveillance-ship
OK, calming down now. USD113m to start with.
It beat someone else to start with.
This is the same sort of thing that was announced in June2022- remember it? Some reading to do on what 'fixed-price' incentive means.
I was worried that I had too many ASB shares compared to size of portfolio- less worried now.
IMHO DYOR and keeping a lid on it
Ann: Austal awarded US$3 billion T-AGOS contract for US Navy, page-7
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