I do not know would be my best and most honest answer. I do not recall seeing anything that covers this explicitly. Has anyone else seen anything? They have bought water front land next to their Austal USA operations so I suppose then that the timing of capex for that property would be important.
The recently lower US inflation rate should help. They have made prepayments on materials. But overall?
IMHO DYOR
Ann: Heads of Agreement for Strategic Shipbuilding Agreement, page-33
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