Singapore Technologies Engineering (ST Engineering) has secured new contracts of $4.9 billion for the 3Q2025, bringing total contract wins for 9MFY2025 to $14 billion.
This includes $1.4 billion from commercial aerospace, $2.4 billion from defence & public security, and $1.1 billion from urban solutions & satcom.
With $9.1 billion secured in the first half of 2025, the total contract wins for the nine months ended Sept 30 reached $14 billion.
By segment, the company’s commercial aerospace won new contracts across its maintenance, repair & overhaul (MRO) and aerostructures & systems (A&S) businesses. New MRO contracts included a multi-year agreement for Airbus A380 airframe heavy maintenance and cabin modification with a European airline, while the orders for engine and component MRO continued apace.
On the A&S business front, the demand for engine nacelles and composite floor panels remained robust, supported by increasing new aircraft production, while the freighter conversion business received an A330 passenger-to-freighter order.
The defence & public security segment saw new contract wins across its digital systems and cyber, land systems, marine and defence aerospace business.
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New contracts for the digital systems and cyber business included the design and production of earth observation satellite systems for an international customer, the provision of AI-powered 5G edge solutions for local and international enterprise customers, data centre services as well as advanced cybersecurity systems and secure data transfer products including data diodes.
Other contracts secured included next-generation broadband communications systems, as well as commercial satellite imagery and analytics services.
The land systems business won its first 155m ammunition orders from customers in South America in addition to new orders from Eastern Europe, and repeat orders for 40mm ammunition from international customers. It also sold several hybrid electric 4x4 protected vehicles to a customer in Asia while the Defence Aerospace business won contracts for military aircraft MRO.
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In addition to commercial ship repair contracts, the marine business was awarded a contract with its consortium partner, Siemens Energy to build and deliver the Estrella del Mar IV, a barge-mounted power plant for Santo Domingo in the Dominican Republic.
Urban solutions landed contracts to provide rail electronics solutions for the Thomson-East Coast Line Extension, long-term service support for its rail subsystems on the Jurong Region Line, and to deploy next-generation intelligent transport systems in Singapore.
Its tolling business in the U.S. secured new contracts for tolling systems, maintenance services and RFID tags. Its Smart Utilities and Infrastructure business was contracted to deploy its Doctor-on-Call healthcare ICT solution for hospitals in Hong Kong, and to deliver its integrated smart security management solution for customers in Singapore including a tertiary institution.
The Satcom business won ground segment infrastructure contracts from the government segment and satellite service providers in Asia, Europe, the Middle East and the U.S.
Shares in ST Engineering closed 4 cents higher or 0.474% up at $8.48 on Oct 23.
