ASX defence stocks like Austal Ltd (ASX: ASB) have ridden a rollercoaster over the last 12 months. Austal is an Australian-based shipbuilder that specialises in the design, construction, and support of defence and commercial vessels globally.  Austal's products include naval vessels, defence surface warfare combatants, high-speed support vessels, patrol boats for law enforcement, offshore vessels, as well as passenger and vehicle ferries. The…
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