Paddy Gregg says he's disappointed Austal was excluded from the decision-making process, and was given no insight into the "strict conditions" placed on Korean giant Hanwha's bid to double its stake in firm.
South Korean chaebol Hanwha has been given the greenlight to double its stake in Australia's sovereign shipbuilder Austal following months of deliberation by Treasurer Jim Chalmers.
The former head of BAE Systems' nuclear construction has been appointed ASC's acting chief executive, tasked with delivering Australia's submarine program.
The federal government has announced a major overhaul of the Department of Defence, in a bid to address systematic inefficiencies within the organisation as it ramps up spending.
Marine technology company VEEM has substantially revised down its earnings outlook for the current half-year but expects a strong rebound in the second half after overcoming delays.
As the USS Vermont undergoes a landmark overhaul in WA, the prime minister faced questions over Austal's future ownership and the broader industrial readiness needed for Aukus.
A Perth manufacturing firm has become the first Australian vendor to qualify for the Virginia class submarine supply chain through a gateway program between Australia and the United States.
The WA government has greenlit a plan by a company with US government defence links to build a multi-user base on Cockatoo Island, after a lengthy approvals wait.
Paddy Gregg says he'll "be a little mischievous" and probe Anthony Albanese on the Foreign Investment Review Board decision on the company's ownership at a dinner in Perth tonight.
Australia's sovereign submarine builder and sovereign shipbuilder have signed an agreement to collaborate on workforce development and 3D printing opportunities.
Richard Marles found out the US greenlit South Korean companies to build submarines on US soil via a Trump social media post, as an update on Hanwha's bid to increase its Austal stake continues to be delayed.
Australia's first Navy Nuclear Power Safety Regulator has been established as part of the push to build the country's capabilities ahead of submarine rotational force west operations beginning in 2027.
Australia has taken a significant step towards a sovereign nuclear-powered submarine sustainment capability, with the USS Vermont arriving at HMAS Stirling for a four-week maintenance period today.
Anxiety over the protracted Foreign Investment Review Board decision on Hanwha Group's proposed increased stake in Austal was central to shareholder concerns at the shipbuilder's AGM today.
Microsoft Asia managing director for defence and intelligence Andy Wood has announced he will exit the tech giant in the coming days, the company does not plan to replace him.
