Civmec Ltd. (SG:P9D) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Civmec Ltd. has partnered with Austal Limited to form a Joint Venture aimed at enhancing the Australian Army’s transport capabilities through the LAND8710 Phase 2 Landing Craft Heavy (LC-H) project. This collaboration will leverage Civmec’s substantial labor force and shipbuilding facilities, alongside Austal’s naval shipbuilding experience, to bid for contracts that will expand their operations in Henderson, Western Australia. The venture is set to expedite the commercial and tendering processes, aiming to bolster continuous naval shipbuilding in the region.
For further insights into SG:P9D stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue