Former U.S. naval secretary to lead Austal USA’s Australian parent company

  • 📰 aldotcom
  • ⏱ Reading Time:
  • 43 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 68%

@River-Mobile News

@River-State,Austal USA

Richard Spencer also will join board of Austal USA, 'providing important linkages,' company says.

Richard Spencer, a former U.S. Secretary of the Navy, has been named as chair of Australian shipbuilder Austal Ltd., the parent company of Austal USA.. It said that John Rothwell, who has been chairman of the company since founding it in 1987, is stepping down and will serve as a non-executive director. His successor will be Richard Spencer; according to the Department of Defense, Spencer served as the United States’ 76th secretary of the Navy, serving from Aug. 3, 2017, until July 23, 2019.

“Austal USA has expanded to include steel hull ships like the Navy’s Navajo-class towing, salvage and rescue ship and the Heritage-class Offshore Patrol Cutter,”. “Austal USA has also been tapped to build outsourced components for the Virginia-class nuclear attack submarine program and is considered a contender for the Constellation-class frigate.”

“Those criteria narrowed the field of candidates considerably,” he said. “Richard was at the top of the list, and I’m pleased that he was receptive to our approach.”“The position that Austal has forged in the US and Australian defence sectors in such a short period of time is incredible,” he said in the Austal Ltd. announcement. “Its expansion from a two-ship yard to a multi-program provider, including command deck modules for the United States’ nuclear submarines, has been impressive.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 82. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Australian Dollar continues to struggle following Australian labor market resultsThe Australian Dollar (AUD) fell further against the US Dollar (USD) on Thursday despite strong labor market data from Australia reported earlier in the session.
Source: FXStreetNews - 🏆 14. / 72 Read more »