Asia/Pacific

ST Engineering secured $3.8bn contract wins in Q3

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ST Engineering secured $3.8bn contract wins in Q3

Singapore Technologies Engineering (ST Engineering) said it has secured S$4.9bn ($3.8bn) in new contract wins for the third quarter of 2025.

This was comprised of S$1.4bn ($1.1bn) from commercial aerospace, S$2.4bn ($1.8bn) from defence & public security, and S$1.1bn ($846.1 million) from urban solutions & satcom.

ST Engineering had secured S$9.1bn ($7bn) in new contracts during the first half of 2025, bringing the total contract wins for the first nine months to S$14bn ($10.8bn).

The commercial aerospace contracts were secured across its MRO and aerostructures & systems businesses. The company said this signalled “healthy demand" and "strong customer confidence” for its services.

New MRO contracts included a multi-year agreement for Airbus A380 airframe heavy maintenance and cabin modification with an unnamed European airline.

Additionally, the company's freighter conversion business received an A380 passenger-to-freighter order.