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ST Engineering reports contract wins worth more than $1.6 bil for aerospace, electronics arms in 1Q

Stanislaus Jude Chan
Stanislaus Jude Chan • 2 min read
ST Engineering reports contract wins worth more than $1.6 bil for aerospace, electronics arms in 1Q
These contracts are over and above a defence contract that its land systems arm secured for the production and supply of the Hunter Armoured Fighting Vehicle from the Singapore Ministry of Defence.
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SINGAPORE (Apr 20): Singapore Technologies Engineering (ST Engineering) has announced new contracts worth about $1.6 billion won by its aerospace and electronics sectors in 1Q2020.

The group’s aerospace sector secured about $838 million worth of contracts across its spectrum of aviation manufacturing and maintenance, repair and overhaul (MRO) businesses.

The MRO contracts included A320 heavy maintenance contracts and CFM56-7B engine maintenance contracts from Chinese airlines, as well as a component Maintenance-By-the-Hour (MBHTM) contract from a Southeast Asian airline to provide comprehensive component maintenance services for its entire fleet of Boeing 737 and Bombardier Q400.

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