Austal is engaged in the design, manufacture and sustainment of vessels. As of June 30 2016, Co.'s business segments were: the Australia business, which manufactures defence vessels for markets worldwide, excluding the U.S. and provides training and on-going support and maintenance for vessels and includes the chartering of a vessel to the U.S. Navy's Military Sealift Command; the U.S. business, which manufactures aluminium defence vessels for the U.S. Navy and provides training and on-going support and maintenance of these vessels for the U.S. Navy; and the Philippines business, which manufactures aluminium commercial vessels for global markets excluding the U.S.
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