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| A Cape class Patrol Boat (File Photo) |
Austal Limited (Austal) (ASX:ASB) is pleased to announce it has delivered Cape Jervis, the fifth of eight Cape Class Patrol Boats being supplied to the Australian Customs and Border Protection Service under a $330 million design, build and in-service support contract.
Cape Jervis is named after the most south western tip of the Fleurieu Peninsula in South Australia.
Austal CEO, Andrew Bellamy stated that with more than half of the Cape Class fleet now delivered Austal continued to demonstrate its credentials as a partner of choice for Government programs.
“With the delivery of Cape Jervis to the Australian Customs and Border Protection Service on time and on budget our Australian business continues to demonstrate the efficiencies in production realised through the Cape Class program. A benefit to both Austal and our customers on future programs”, Mr Bellamy said.
The remaining three Cape Class vessels are at various stages of construction and will be delivered progressively through to late 2015, in line with the contract.
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