Austal Limited provided the following update on the award of the Sustainment Execution Contract (SEC) by the United States Navy (USN) enabling the Company to bid for repair, maintain and modernization work on Littoral Combat Ships (LCS) homeported in San Diego, California, as the prime contractor. Following an announcement by the US Navy on the SEC West contracts, Austal can now provide additional information: Three companies were awarded the firm-fixed-price, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity, multiple award contracts to support sustainment execution efforts for Littoral Combat Ships homeported in San Diego, California (MAC I), They are Austal USA, Mobile, Alabama; Epsilon Systems Solutions Inc., Portsmouth, Virginia; and Continental Maritime of San Diego LLC, San Diego, California, formerly Huntington Ingalls Industries San Diego Shipyard Inc; The MAC I contracts will have a ceiling of USD 344,724,287; Delivery orders will be competitively awarded under these contracts, which are to be performed in San Diego, California (58%); outside the continental U.S. (28%); and other continental U.S. (14%) locations, as appropriate.