Austal Posts Strong FY26 Half-Year With $17.7 Billion Order Book

Austal ( (AU:ASB) ) has shared an announcement.

Austal reported first half FY26 revenue of $1.1 billion and EBIT of $60.3 million, underpinned by a robust order book of $17.7 billion including options. Operational activity remains high, with 22 ships ordered, two delivered, and 76 ships under construction or scheduled, alongside 64 vessels under sustainment contracts.

With shipyards and service centres spanning four countries, Austal continues to scale its role as a key defence and commercial maritime supplier. The sizeable backlog and active sustainment portfolio provide strong forward visibility for stakeholders and reinforce the company’s positioning as a major long-term contractor in global naval and maritime markets.

The most recent analyst rating on (AU:ASB) stock is a Hold with a A$6.50 price target. To see the full list of analyst forecasts on Austal stock, see the AU:ASB Stock Forecast page.

More about Austal

Austal is a growing defence prime contractor operating in the defence and commercial maritime sectors. The company designs, builds and sustains ships and vessels through five shipyards and eight service centres across four countries, supported by a workforce of 4,633 employees and a substantial global sustainment footprint.

YTD Price Performance: -10.76%

Average Trading Volume: 1,488,494

Technical Sentiment Signal: Buy

Current Market Cap: A$2.46B

Learn more about ASB stock on TipRanks’ Stock Analysis page.