Austal settles DOJ investigation into former employees, will pay $24M fine

Austal settles DOJ investigation into former employees, will pay $24M fine
Austal settles DOJ investigation into former employees, will pay $24M fine

A trial for the three executives alleged to be responsible is set for January 2025.

Austal USA president resigns, search for shipbuilder’s new leader to begin

Austal USA president resigns, search for shipbuilder’s new leader to begin
Austal USA president resigns, search for shipbuilder’s new leader to begin

“Rusty made a lasting impact on the company,” Austal Limited Chief Executive Officer Paddy Gregg said of Rusty Murdaugh.

Former Austal CEO, two others indicted for accounting fraud

Former Austal CEO, two others indicted for accounting fraud
Former Austal CEO, two others indicted for accounting fraud

Craig Perciavalle resigned as Austal’s CEO in 2021.

Austal USA Has A New Chief, Different Path Forward Following LCS

Austal USA Has A New Chief, Different Path Forward Following LCS
Austal USA Has A New Chief, Different Path Forward Following LCS

As its go-to military contracts fade, and in the wake of scandal, Austal’s new president is optimistic about the company’s next evolution.