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Defence & veteransGovernment companyExists today

ASC Pty Ltd

ASC

1 October 2004 – present

Previously Australian Submarine Corporation Pty Ltd (1985–2004).

Commonwealth-owned company that sustains and upgrades the Navy's Collins-class submarines at Osborne in South Australia and Henderson in Western Australia; it was also the shipbuilder for the Hobart-class air warfare destroyers.

Names over time

  1. Australian Submarine Corporation Pty Ltd1985–2004
  2. ASC Pty Ltd2004–present

How it came into existence

Renamed from the Australian Submarine Corporation Pty Ltd with effect from 1 October 2004, continuing the same company (ACN 008 605 034); the new name reflected its plans to build surface warships as well as submarines.

Changes during its life

  1. 2017Restructured, as announced in October 2016, into three Commonwealth companies: ASC Pty Ltd kept submarine sustainment, the surface shipbuilding business became ASC Shipbuilding Pty Ltd and the Osborne shipyard infrastructure passed to Australian Naval Infrastructure Pty Ltd.

Main functions

  • Collins-class submarine sustainment and full-cycle docking
  • Submarine maintenance at Osborne and Henderson
  • Submarine engineering and design support
  • Workforce and sustainment roles in the nuclear-powered submarine program

Where it sits

In the portfolio of Department of Finance.

Type of body
Commonwealth company, limited by shares
Portfolio
Finance
Accountable authority
Board
ABN
64 008 605 034

Lineage

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Sources