Friday, November 12, 2021

Austal gets OK to lease at SD port

SAN DIEGO - South Alabama-based Austal USA received approval from the San Diego Port of Commissioners to assume the lease of Marine Group Boat Works at the California port. Austal USA and Marine Group Boat Works are entering a 45-day period to close the agreement. Austal will use the 15-acre site to focus on ship repair for Navy, Military Sealift Command, and Coast Guard ships. The site, adjacent to Naval Base San Diego, will include a newly-built dry dock designed specifically to handle small surface combatants and other small to medium size ships. MGBW will focus on its yacht repair business at their Chula Vista shipyard. “This investment marks a major milestone in Austal’s focus on growing our services business," said Austal President Rusty Murdaugh, and expands the firm's commitment to ensure these customers "receive Austal USA's brand quality" through the lifecycle of the ships delivered, he continued. Austal USA will establish a full service ship repair capability providing maintenance and modernization for small surface combatants, autonomous vehicles, and others. The site will include a dry dock optimized to execute availabilities on littoral combat ships and other small surface combatants. Austal builds the Independence variant of LCS at its shipyards in Mobile, Ala., most of which are based in San Diego. (Source: Austal USA 11/09/21)

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