29
Aug
The following is text of a news release from Austal Ltd.: (HENDERSON, Australia and MOBILE, Ala.) — Austal Ltd. has reported its FY 2016 financial results in line with guidance. The primary driver of Austal’s FY 2016 loss was a change of estimate to complete construction of the littoral combat ship program (LCS 6-26) in accordance with the U.S. Naval…