Austal reports $115 million in extra LCS costs

Tuesday, July 5, 2016 - 12:01 in Earth & Climate

Geoff ZiezulewiczHENDERSON, Australia, July 5 (UPI) -- Austal has announced a $115 million downward adjustment to revenue and work in progress for Fiscal 2016 due to higher-than-expected Littoral Combat Ship costs.

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