Primary tabs

ST Engineering aerospace arm wins $650 mil worth of contracts in 2Q

PC Lee Published on Tue, Jul 18, 2017 / 5:47 PM GMT+8

A-

A+

SINGAPORE (July 18): ST Engineering announced that its aerospace arm, ST Aerospace, has secured new contracts worth about $650 million in the 2Q17 ended June for services ranging from heavy airframe and engine maintenance, component repair and overhaul to freighter conversion.

The heavy airframe maintenance contracts included a long-term agreement, announced in June, that ST Aerospace’s US affiliate company, VT San Antonio Aerospace (VT SAA), secured from Air Canada to service the airline’s flagship 787 Dreamliner fleet.

Among the other heavy maintenance contracts clinched during the quarter were agreements to service CFM56-5B and CFM56-7B engines for a European and Middle Eastern Airline respectively, as well as agreements to service the 747 and 767 aircraft for American airlines.