SYDNEY -- Australian heavy construction and engineering company Civmec plans to focus more on naval shipbuilding, hoping to leverage the technology it has developed in its core resources business to land orders for the new frigates that Australia plans to build together with Japan.
Aerospace & Defense Industries
Australian shipbuilder Civmec eyes joint Japan frigate project
Company diversifies as prices fluctuate in mainstay resource business
Civmec completed construction of this more than 50,000-square-meter shipyard in Western Australia in 2020. (AMC)
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