# Austal USA awarded $450M submarine facility contract

Austal USA has been awarded a US$450 million contract by General Dynamics Electric Boat to design, construct and outfit a new module fabrication and outfitting facility at its Mobile shipyard to support US Navy submarine production. Construction will start within months and be complete in 2026.

- Type: Contract
- Announced: 2024-09-16
- Where: Mobile, Alabama, United States
- Value: $450.0M
- Jobs: 1,000
- Status: announced
- Products: submarine components, module fabrication and outfitting facility
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Austal USA](https://endata.com/companies/34968.md)
- [General Dynamics Electric Boat](https://endata.com/companies/5313.md) (customer)

## Sources

- [raskmedia.com.au](https://www.raskmedia.com.au/2024/09/16/austal-asxasb-share-price-jumps-9-on-us-contract-win/), 2024-09-16: "General Dynamics Electric Boat has recognised that Austal USA is a solid partner to deliver high-quality components for Virginia- and Columbia-class submarines."
- [fox10tv.com](https://www.fox10tv.com/2024/09/16/austal-awarded-450m-contract/), 2024-09-16: "The $450 million contract is to enable the expansion of production capacity at the Mobile shipyard in support of the U.S. Navy Submarine Industrial Base."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.