ST Engineering nabbed contracts worth $2.1b in Q1 2019

Its aerospace sector clinched projects amounting to $1.3b.

Singapore Technologies Engineering’s (ST Engineering) aerospace and electronics sectors secured new contracts with a combined value of about $2.1b in Q1 2019, an announcement revealed.

Its aerospace sector nabbed contracts amounting to $1.3b. This includes the 10-year service agreement from a long-time customer which provides heavy maintenance checks for its entire fleet of A300 and Boeing 757. The agreement covers over 160 widebody and narrowbody aircraft to be serviced at the sector’s U.S. facilities in San Antonio and Pensacola, US starting in 2020.

The sector also secured contracts from new airline customers in Africa and Europe to provide component repair services to support their Bombardier Q400. Other contracts cover engine wash and equipment leasing solutions to customers in the Middle East and Europe.

Meanwhile, the electronics sector received contracts worth $818m for mobility, satellite communications, Internet of Things (IoT), cybersecurity, public safety and security, and defence.

New rail mobility projects in Singapore included a mobile communications network for passengers of Downtown Line 3 Extension.

Global contracts secured in smart rail mobility included the supply of an Automatic Fare Collection System for Bangkok’s MRT Gold Line, maintenance and enhancement works for Bangkok’s MRT Purple Line, an Integrated Supervisory Control System for Wuxi Metro Line 3, and a Passenger Information System for Taiwan Railway Authority’s trains.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia