NFR invests $245 million into Austal manufacturing facility


The National Reconstruction Fund is backing the construction of a Western Australian advanced manufacturing facility with a $245 million investment, its biggest since opening in November 2023.

Australian ship building company Austal will construct and fit out a facility within the Australian Marine Complex at the Henderson Defence Precinct in Perth.

The funding is additional to a $4 billion agreement between Austal and the federal government to build eight landing …

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