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31 March 2023 Military News

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  • Contracts For March 31, 2023
  • Three Men Indicted for Multimillion-Dollar Accounting Fraud Scheme at U.S. Navy Shipbuilder US Dept. of Justice 31 Mar 2023 -- A federal grand jury returned an indictment yesterday charging three Alabama men with orchestrating an accounting fraud scheme at Austal USA LLC, a Mobile-based shipbuilder that constructs vessels for the U.S. Navy, including the Independence-class Littoral Combat Ship (LCS). Austal USA is a wholly owned subsidiary of Austal Limited, an Australian company that is traded over-the-counter in the United States via American Depositary Receipts, as well as on the Australian Securities Exchange.

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