ST Engineering secures $4.7b worth of new contracts in Q2 2025

These comprised $1.5b in commercial aerospace, $1.5b in defence, $1.7b in urban solutions and satcom.

Singapore Technologies Engineering Ltd (ST Engineering) announced that the group won new contracts worth about $4.7b in Q2 2025.

These contracts included $1.5b from the commercial aerospace segment, $1.5b from defence and public security segment, and $1.7b from urban solutions and satellite communications segment.

For commercial aerospace, the contracts were awarded for its maintenance, repair and overhaul and aerostructures and systems businesses. Some of these were contracts for several Passenger-to-Freighter orders, including a multi-aircraft Airbus A330P2F order from Confity Capital Partners.

The group’s defence and public security segment clinched about $1.5b worth of new contracts across its digital systems, cyber, land systems, marine and defence aerospace businesses.

One of the awarded contracts was from the Ministry of Defence, which tapped the group to deliver a suite of mine countermeasure unmanned systems for the detection and elimination of underwater mines for the Republic of Singapore Navy.

The defence aerospace business also secured contracts for the provision of MRO services for international customer,s including a North African air force.

The group also received robust orders for smart city business. Its urban solutions segment secured $1.7b worth of contract,s including one for turnkey rail services for the Taichung MRT Blue Line in Taiwan.

The Satcom business also won ground infrastructure contracts from the government, defence and enterprise segments in the US, Europe, and the Middle East, including a contract with Saudi Arabia to upgrade and expand its ground network to advance satellite communication services across the country.

According to ST Engineering, these contracts are not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of the group for the current financial year.

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