Saturday, September 6, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Leadership

ST Engineering bags new contracts worth S$4.7 billion in Q2 2025

by Yurie Miyazawa
in Leadership
ST Engineering bags new contracts worth S.7 billion in Q2 2025
Share on FacebookShare on Twitter


[SINGAPORE] ST Engineering on Wednesday (Jul 23) announced that it secured S$4.7 billion in new contracts in the second quarter of 2025.

These comprise S$1.5 billion from the commercial aerospace segment, S$1.5 billion from the defence and public security segment, and S$1.7 billion from the urban solutions and satcom segment.

The commercial aerospace segment clinched several new contracts across its maintenance, repair and overhaul (MRO), as well as its aerostructures and systems sub-units.

Some of the MRO contracts include a component services agreement with a South-east Asian airline, an offload contract with a major engine original equipment manufacturer, as well as a five-year agreement with Air Cairo.

The aerostructures and systems sub-unit of the commercial aerospace segment secured several passenger-to-freighter orders, including one from Confity Capital Partners, a Dubai-based global financial advisory and growth equity firm.

ST Engineering noted that demand for nacelles and composite floor panels remained steady, supported by increasing new aircraft production.

BT in your inbox

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

Separately, the defence and public security segment won new orders across its business lines.

For instance, the digital systems business was awarded contracts by Singapore’s Ministry of Defence to provide a suite of mine countermeasure unmanned systems to detect and eliminate underwater mines.

This includes a fleet of unmanned surface vessels and autonomous underwater vehicles.

Meanwhile, the segment also scored contracts to implement data centre services, training and simulation, as well as develop and integrate command and control systems that are enabled by artificial intelligence, among other things.

The cyber sub-segment secured new contracts for its advanced encryption products and the provision of cloud-based managed security services, and a cyber range for a customer in Asia.

The land system business secured orders for ammunition as well as weapon MRO services, while the marine segment won various ship repair and maintenance contracts for commercial and naval ships.

The defence aerospace business also won contracts to provide MRO services for international customers, including a North African air force.

ST Engineering also won contracts to provide turnkey rail services for the Taichung MRT Blue Line, as well as its platform screen door solution for the Chennai Metro project and the Xidong Line in New Taipei City.

Meanwhile, smart utilities and infrastructure contracts included integrated smart security management projects for implementation in Singapore.

Satcom received ground infrastructure contracts for the government, defence and enterprise segments in the US, Europe and the Middle East.

ST Engineering does not expect the contracts to have a material impact on the group’s consolidated net tangible assets per share and earnings per share for the current financial year.

Shares of the company closed 2.13 per cent or S$0.18 lower at S$8.27, before the announcement.

Tags: BagsBillionContractsEngineeringS4.7Worth
Yurie Miyazawa

Yurie Miyazawa

Next Post
Sabana Reit’s H1 DPU rises 26.9% to Salt=

Sabana Reit’s H1 DPU rises 26.9% to S$0.017 on higher overall occupancy, sustained positive rental reversions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2025 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In