Home Business Austal takes $650,000 hit after admitting disclosure breach over 2016 cost blowout

Austal takes $650,000 hit after admitting disclosure breach over 2016 cost blowout

16
0

Austal takes $650,000 hit after admitting disclosure breach over 2016 cost blowout

The corporate regulator had pursued the shipbuilder over ‘delay’ in telling shareholders of a cost blowout at is US Navy construction program.