With the acquisition, which was completed in April, ST Engineering Aerospace is now able to provide services ranging from design and engineering to manufacturing.
SINGAPORE (Nov 18): ST Engineering sees its aerospace arm’s acquisition of US-based nacelle manufacturer Middle River Aerostructure Systems (MRAS) as a key step in its move to go upstream in the aerospace value chain.
ST Engineering Aerospace has a formidable reputation as a maintenance, repair and overhaul (MRO) player, but as competition in the market stiffens, it is trying to gain a foothold in the original equipment manufacturer (OEM) space.
