Besides a $470 million contract multi-year MRO contract for Qatar's army, ST Engineering won a six-year $600 million sub-contract to help build eight missile gun boats for Kuwait. The company also won various international orders for 40mm and 155mm ammunition.
At home, it secured various contracts in Singapore to provide AI-enabled mission critical command and control systems, high performance GPU infrastructure and cybersecurity services.
The company's commercial aerospace segment won some $1.7 billion in new contracts, including MRO and conversion jobs, from customers existing and new, including an American airline, Xiamen Airlines, Hengqin Winglet Aircraft Technology and Asia Pacific Aviation Leasing Group.
ST Engineering's urban solutions and satcom segment, meanwhile, won $0.7 billion in new contracts including rail electronics solutions in Singapore, Taiwan, the Middle East and US.
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ST Engineering shares closed at $10.75, down 2.45%.
