AUSTAL USA DELIVERS FUTURE USS MOBILE (LCS 26)

COMPANY ANNOUNCEMENT

7 DECEMBER 2020

AUSTAL USA DELIVERS FUTURE USS MOBILE (LCS 26)

Austal Limited (ASX:ASB) is pleased to announce that Austal USA has delivered its 13th Independence-class Littoral Combat Ship (LCS) to the U.S. Navy, from the company’s shipyard in Mobile, Alabama.

The future USS Mobile (LCS 26) is the fourth ship delivered by Austal USA to the U.S. Navy in CY2020, following the delivery of USS Kansas City (LCS 22) in February, USS Oakland (LCS 24) in June and USNS Newport (EPF 12) in September.

Austal Chief Executive Officer David Singleton said the delivery of the future USS Mobile, in Mobile, was a very fitting way to finish the year 2020.

“What better way to end this challenging year than with the delivery of the future USS Mobile in its namesake city. This ship is a fantastic tribute to the spirit and determination of the people of Austal USA and the City of Mobile,” Mr Singleton said.

“Our warmest congratulations to the US Navy on the delivery of their latest Independence-class Littoral Combat Ship; another great symbol of the success of the United States defence industrial base and a highly capable addition to the fleet.”

The Independence-class LCS is a fast, agile, focused-mission platform designed for operation in near-shore environments yet capable of open-ocean operation. It is designed to defeat asymmetric “anti-access” threats, such as mines, quiet diesel submarines and fast surface craft. The 127 metre high-speed trimaran hull warship integrates new technology and capability to support current and future mission capability from deep water to the littorals.

Four LCSs are presently under various stages of construction at Austal USA’s Mobile, Alabama shipyard; Assembly continues on the future USS Savannah (LCS 28) and USS Canberra (LCS 30), while modules for the future USS Santa Barbara (LCS 32), USS Augusta (LCS 34) are under construction in the module manufacturing facility (MMF). The future USS Kingsville (LSC 36) USS Pierre (LCS 38) are under contract.

Austal USA is also under contract to build 14 Expeditionary Fast Transport vessels (EPF) for the U.S. Navy, with 12 vessels delivered, an additional vessel under construction and one scheduled.

The future USS Mobile (LCS26) is the 13^th Independence-class Littoral Combat Ship to be delivered by Austal USA (Image: Austal)

This ASX announcement has been approved and authorised for release by David Singleton, Austal Limited’s Chief Executive Officer.

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Media Contact:

Cameron Morse

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cameron.morse@fticonsulting.com