[ad_1] For the past five months, Austal Limited, the corporate parent of Alabama’s struggling U.S. naval shipbuilder, Austal USA, has reportedly been shopping for a corporate buyout. And yet, despite…
Tag: Austal
US Rep. Neal Dunn challenging Austal USA, which won $3B contract over Eastern Shipbuilding
[ad_1] PANAMA CITY − U.S. Rep. Neal Dunn continues challenging a foreign-owned company connected to a controversy involving a local shipbuilder. In a news release from Dunn’s office, the Republican…
Shipbuilder Austal Executives Accused of Inflating Earnings
[ad_1] MONTGOMERY, Ala. (AP) — Three current and former former executives of a shipbuilder that constructs vessels for the U.S. Navy have been indicted on accounting fraud charges accusing them…