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ST Engineering
Company in the news
ST Engineering eyes FY2026 revenue target of more than $11 bil
The company aims to grow its earnings in tandem
November 16, 2021
Contracts
ST Engineering clinches patrol vessel and smart city-related contracts
The company has a total order book of more than $18.2 billion
November 15, 2021
Contracts
ST Engineering JV makes first sale of "Blue Spear" anti-ship missile system to Estonia
Estonia is a Nato member since 2004
October 07, 2021
M&A
ST Engineering marks largest acquisition to date with US$2.68 bil bid for TransCore
The acquisition is valued at a EV / EBITDA multiple of 16.2 times.
October 03, 2021
Aviation & Engineering
US awards contract for new B-52 engines to Rolls Royce, ST Engineering's nacelle bid remains
In a December 2019 report, defence journal Jane’s estimates that the contract value of each nacelle is US$7 million.
September 25, 2021
Broker's Calls
Broker's Digest: ST Engineering, Frencken, CDL, Econ Healthcare (Asia)
See the analysts' recommendations and target prices here.
September 16, 2021
Leadership
ST Engineering appoints Tan Lee Chew as President Commercial, reveals other senior appointments
ST Engineering announced the appointment of Tan Lee Chew as President Commercial from Sep 1, along with other senior appointments.
August 31, 2021
Company in the news
BBAM and ST Engineering JV announce order for Airbus A320/A321P2F Conversion
BBAM and an ST Engineering joint venture announced the conversion of a number of Airbus A320/A321P2F
August 16, 2021
Aviation & Engineering
ST Engineering sets up freighter leasing joint venture with Temasek
Temasek and ST Engineering Aerospace Resources – a subsidiary of ST Engineering – each have a 50% stake in the JV.
August 04, 2021
Contracts
ST Engineering enters Australian rail market with Queensland contract win
The company has won a contract to supply platform screen doors for Queensland’s Cross River Rail.
April 16, 2021