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AUSTAL USA APPOINTS NEW PRESIDENT

AUSTAL USA APPOINTS NEW PRESIDENT

Thursday, September 16, 2021 

Western Australia based shipbuilding group Austal has announced that the Austal USA Board of Directors has appointed Rusty Murdaugh as President.

Murdaugh joined Austal USA in 2017 as CFO and has been serving as interim President of the Company since February 2021. As interim president, Murdaugh led the addition of steel shipbuilding to the Austal USA manufacturing operations and the company’s facility expansion in Mobile by acquiring additional waterfront and services capability on the Mobile River.

Austal CEO Paddy Gregg said: “Rusty has overseen a number of significant, positive developments at Austal USA in a short period of time, including the start of construction of new infrastructure to enable steel shipbuilding; and new contracts that position the company exceptionally well for further growth. I congratulate him on his appointment and look forward to working with him to achieve further success in the US and international markets.”

Austal USA Board Chairman, Larry Cavaiola said, “Over the last six months, the company has secured multiple contracts under Rusty’s leadership and is well-positioned for continued growth. Rusty has a clear strategic vision to grow the company’s business and lead Austal USA’s worldwide operations.”

Murdaugh said: “I am honoured to be selected to lead this great company. I am excited about the opportunity to lead the world’s finest shipbuilders, and I’m looking forward to the growth ahead in the coming years as we win new shipbuilding and ship maintenance contracts.”

The appointment comes as Austal USA grows its portfolio of new construction, service and support, and autonomous vehicle contracts. The company has submitted a bid to build the US Coast Guard’s Offshore Patrol Cutter stage II programme and is executing a preliminary design and concept study for the US Navy’s Light Amphibious Warship. The company has recently secured two services and maintenance contracts, expanding its post-delivery business.

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