tiprankstipranks
Bisalloy Forges Path into U.S. Submarine Supply Chain
Company Announcements

Bisalloy Forges Path into U.S. Submarine Supply Chain

Bisalloy Steel Group Ltd (AU:BIS) has released an update.

Don't Miss Our Christmas Offers:

Bisalloy Steel Group Ltd has initiated a key partnership with U.S. defense contractor Newport News Shipbuilding to supply processed Australian steel for submarine supply chain integration. This strategic move signifies Bisalloy’s entry into the AUKUS program’s supply base, following a contract for Australian steel qualification by the Australian Submarine Agency. The company celebrates this development as a significant step forward for Bisalloy, Illawarra, and the broader Australian manufacturing sector.

For further insights into AU:BIS stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App