Market Chatter: Australia's Civmec Pivots to Naval Shipbuilding, Eyes Orders from Joint Japan Frigate Project

MT Newswires Live

Oct 24, 2025

Australian construction firm Civmec plans to shift its focus toward naval shipbuilding, aiming to leverage its industrial technology to secure orders for new frigates, Nikkei Asia reported Friday, citing Civmec CEO Pat Tallon.

The strategic move aligns with the Australian government's plan to jointly develop next-generation frigates with Japan, based on the Mogami-class design, the report said.

The project, involving participants like Mitsubishi Heavy Industries (TYO:7011), represents one of Japan's largest defense equipment exports, the news site reported.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XAO.AU","symbol_name":"标普/澳交所 普通股指数","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2577592823","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2577592823","pubTimestamp":1761300943,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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