Besides a $470 million contract multi-year MRO contract for Qatar's army, ST Engineering won a six-year $600 million sub-contract to help build eight missile gun boats for Kuwait. The company also won various international orders for 40mm and 155mm ammunition.
Singapore Technologies Engineering has secured some $4.8 billion in new contracts in the first quarter of the year, with half of the value coming customers in the defence and public security space.
On top of local contracts, the company has a growing momentum of international defence wins, especially in the Middle East.
