The company does not usually disclose the monetary value of its defence-related contracts.
Singapore Technologies Engineering’s (ST Engineering) land systems business has secured contracts worth over $100 million. The wins were a result of competitive tenders, says the group in a statement dated June 17.
The contracts, which were secured between April and early June this year, were for NATO (or the North Atlantic Treaty Organization) standard 155mm ammunition and 40mm ammunition from European customers. The 155mm ammunition were signed with new customers in Europe, adds ST Engineering.
