According to the company, the new organisation structure is designed to enable better execution of its global growth strategy of strengthening its core businesses, and pursuing growth in smart city and international defence businesses.
ST Engineering will be reorganising itself into two main units, as it ditches the land, sea, air and electronics sector-based structure that has defined the company for decades.
With effect from the new year, ST Engineering will be reorganised as commercial and defence and public security clusters.
