Austal Engages Caterpillar Inc. for Global Fleet Management and Supply Chain Optimization

Dedicated Support Bolsters Shipyard’s Services for New and Existing Australian Government and Civilian Vessels

 

Houston, Texas — Caterpillar Marine and Austal, a global defense prime contractor and major shipbuilder with its primary shipbuilding facility in Western Australia, announced today the execution of a Global Value Agreement (GVA) for Austal’s worldwide footprint of existing and new vessels that support defense and civilian applications. The GVA with Caterpillar ensures comprehensive parts, service and maintenance support to optimize supply chain efficiency and reduce total cost of ownership (TCO) for greater uptime and availability. 

Austal’s GVA covers new and existing power solutions for the Commonwealth of Australia’s fleets. As the agreement provides a fixed-rate commitment for new engines for a period of three years and supports timely part availability for streamlined maintenance protocols globally, it promotes predictable TCO for budgetary support. A dedicated Caterpillar fleet manager will identify and coordinate the most efficient, streamlined maintenance intervals with Cat® dealers worldwide – including Energy Power Systems Australia (EPSA), Hastings Deering, WesTrac WA, Phú Thái Cat, Monark Equipment Corporation and Massy Cat – and an exclusive supply chain manager will coordinate new engine orders, supporting public sector procurement goals and mission readiness.

“This global agreement with Caterpillar supports our long-term vision to achieve greater operational and cost efficiencies across the government and commercial sectors we serve,” said Brent Carey, head of procurement for Austal.

“Our GVAs offer shipyards the ability to provide a single, accountable framework to governmental customers for lifecycle support that promotes consistent service experiences in every theater as well as higher availability and faster response times,” commented Andy Law, vice president of Caterpillar Marine. “Our GVA aligns proactive maintenance, connected analytics and clearly defined service levels to help public vessel operators plan with confidence. The result is predictable TCO, reduced downtime and transparent performance data that supports compliance and stewardship. It’s how we leverage global scale to help ensure operational readiness.”

Austal and Caterpillar Marine Management signing GVA - group Image next to vessel model
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Austal and Caterpillar Marine Management signing GVA
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Austal and Caterpillar Marine Management signing GVA - Group Image
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About Caterpillar Marine:

Caterpillar Marine, with headquarters in Houston, Texas, offers premium power solutions for a wide range of marine applications. With decades of experience designing engines and aftertreatment solutions, Caterpillar Marine products set the standard for quality, performance, and reliability. Caterpillar is dedicated to being your service provider on the water to provide engine and operational success. With Customer Value Agreements (CVAs), customers can take advantage of an extensive array of service options that can be tailored to their specific needs. Combined with our digital solutions, a CVA can provide valuable insights to engine health and performance. The global sales and service network is ready to support customers in tug, offshore, inland waterways, fishing, governmental, dredge, ferry, and yachting wherever they are.

More information is available at: www.cat.com/marine


About Caterpillar

For more than a century, Caterpillar Inc. has helped build a better, more sustainable world. With 2025 sales and revenues of $67.6 billion, Caterpillar Inc. is shaping the future as the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Backed by one of the largest independent global dealer networks and financial services through Cat Financial, the company’s primary business segments: Power & Energy, Construction Industries and Resource Industries are solving customer’s toughest challenges through commercial excellence and advanced technology, driven by a highly skilled, dedicated global team. Learn more at www.caterpillar.com.

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