Price & Speed Fumigation Feb22

Sign up to our free daily newswire

Austal US accounting blunder leads to 25% fall in stocks

Austal USA Navy landing vessel. Image: Austal
Austal USA Navy landing vessel. Image: Austal
  • Posted by Allen Newton
  • |
  • 13 February, 2026

AN ACCOUNTING blunder in West Australian-based shipbuilder Austal’s US division has resulted in a US$17.1 million overstatement in the company’s FY2026 EBIT guidance.

This content is for members only

Sign up for free
Share this post

 

Austal US accounting blunder leads to 25% fall in stocks
0:58

Posted by Allen Newton

Allen is DCN's WA correspondent. He is one of WA's most experienced journalists with a career that includes roles as Managing Editor of The Sunday Times and PerthNow and as Editor in Chief of Fairfax's WAtoday.

LinkedIn | Website

No video selected

Select a video type in the sidebar.

Related post

Evergreen Bird Banner Sept24