According to analysts, Australian shipbuilder Austal is experiencing a surge in stock value, with a 35% increase in the last quarter, the highest in nearly two years. This growth is attributed to U.S. President Donald Trump's defense policies affecting global stocks. While the broader benchmark suffered a 4% loss due to concerns over inflated valuations in financial sectors and U.S. tariff repercussions. Trump's push for increased defense spending from allies like Australia has led to a rise in Austal's order activity, reaching a record A$14.2 billion by the end of 2024. The company's two shipyards in the U.S. shield it from potential import tariffs, making it an attractive investment choice. Additionally, foreign interest in Austal was highlighted when South Korean firm Hanwha acquired a 9.9% stake in the company after an unsuccessful takeover bid in the previous year.