|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||40.00|
|Forward Dividend & Yield||0.03 (2.23%)|
|1y Target Est||N/A|
Members of U.S. congressional defense committees said on Wednesday they supported a plan for $700 billion in defense spending in fiscal year 2018, backing President Donald Trump's call for a boost for the military. The House of Representatives and the Senate Armed Services committees agreed on the National Defense Authorization Act, or NDAA, which would increase troop levels and purchases of fighter jets and ships for the federal fiscal year that began on Oct. 1.
Austal USA, a Mobile, Alabama-based subsidiary of Australia's Austal Ltd, is being awarded a $584.2 million modification to a previously awarded contract for the construction of a littoral combat ship, the Pentagon said on Friday. Austal USA will perform and oversee all necessary design, planning, construction and test and trials activities in support of delivery of the ship to the Navy, the Pentagon said in a statement.
If John McCain's illness requires a long absence from the U.S. Senate, his colleagues will be deprived of a dealmaker and leading voice on national security, while America's allies will lose one of the few Republican critics of President Donald Trump's foreign policy. The 80-year-old lawmaker and 2008 Republican presidential nominee, who was elected to a sixth Senate term last November, has been diagnosed with an aggressive form of brain cancer. McCain, a former U.S. Navy pilot who spent 5-1/2 years as a prisoner of war in Vietnam, is outspoken on a range of issues, from defense spending to immigration to demanding a thorough investigation of alleged Russian meddling in the 2016 U.S. election.
U.S. lawmakers said on Monday they wanted another $18.5 billion added to President Donald Trump's proposed defense budget of $603 billion to hire more troops and buy more aircraft and ships in fiscal 2018. Republican House of Representatives Armed Services Committee Chairman Mac Thornberry released a proposed defense policy bill intended to address military readiness and the Department of Defense's unfunded requirements list, which is hovering at $33 billion, House staff told reporters on Monday. The $621.5 billion proposed base spending plan for the Pentagon and defense related expenses at the U.S. Department of Energy was more than 13 percent higher than the 2018 defense spending budget cap of $549 billion which would need to be raised by Congress for the legislation to be enacted.
Austal USA, a Mobile, Alabama-based subsidiary of Australian shipbuilder Austal Ltd , is being awarded a $584.2 million contract for the construction of a littoral combat ship for the U.S. Navy, the Pentagon ...
The U.S. Navy has decided to delay by a year until fiscal 2020 the awarding of a design and construction contract for a planned new frigate, according to congressional testimony on Wednesday by two Navy rear admirals. The delay resulted from a decision to set up a frigate evaluation team to look at how to make the vessel more lethal and survivable, Rear Admirals Ron Boxall and John Neagley said in their prepared testimony. Navy analyses have determined that the U.S. fleet needs 53 small surface combat ships to supplement the larger aircraft carriers and destroyers, undertaking tasks like antisubmarine warfare and mine countermeasures.