The Justice Department said Austal USA conspired to mislead shareholders and investors about its financial condition.

Executives with military shipbuilder Austal say settling an accounting fraud investigation is the best outcome for the ...

A shipbuilder for the U.S. Navy has agreed to admit wrongdoing and pay $24 million to settle an accounting fraud ...

Austal USA LLC, Mobile, Ala., pleaded guilty and agreed to pay $24 million to settle with the U.S. Department of Justice over ...

On Thursday the shipbuilder celebrated the start of construction on a U.S. Coast Guard Cutter, the first in a lucrative ...

Austal USA conspired to mislead shareholders and investors about the company’s financial condition, the department said.

Austal USA, an Alabama-based shipbuilder that makes vessels for the U.S. Navy, has admitted wrongdoing and agreed to pay a ...

Austal USA, an Alabama-based shipbuilder for the U.S. Navy, has agreed to pay a $24 million fine to settle an accounting ...