BTW simply absurd not to be seeing an announcement by now from ASB. The GAO protest has been hanging over what is potentially now (with favourable forex) a AU$5.1 billion deal, and it’s withdrawal is absolutely something that we should be hearing immediately, not reading about from the US newswires. It’s very positive news, even with the potential threat of half-baked litigation from the sore loser. I accept Austal won’t yet have a handle on Eastern actually suing (unless the suit has already been filed, which I doubt), but the protest withdrawal and the “go ahead” notice received from US Coast Guard is most definitely information that should be announced to market asap, regardless of timezones.
Are they all asleep in Henderson/at FTI Consulting today??
Withdrawal of protest from Eastern Shipbuilding - ASB to proceed with detailed design for OPC, page-3
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