land systems


ST Engineering reports contract wins worth more than $1.6 bil for aerospace, electronics arms in 1Q

These contracts are over and above a defence contract that its land systems arm secured for the production and supply of the Hunter Armoured Fighting Vehicle from the Singapore Ministry of Defence.


ST Engineering partners BYD for new autonomous bus platform

SINGAPORE (Mar 21): ST Engineering has signed a memorandum of understanding (MoU) with BYD to include the Chinese automobile manufacturer’s electric buses in its Land Systems arm’s portfolio of autonomous bus platforms.

ST Engineering wins $585 mil in contracts; injects capital through electronics & land systems arms

SINGAPORE (Oct 24): ST Engineering's electronics arm, ST Electronics, has secured about $585 million worth of contracts in 3Q across various segments.


ST Engineering posts 6% decline in 1Q earnings to $103 mil

SINGAPORE (May 12): ST Engineering announced 1Q17 earnings of $103.4 mil, 6% lower from $110.2 million reported in the previous year on lower revenue.


ST Engineering’s FY16 earnings dip 8% to $484.5 mil on one-off charge

SINGAPORE (Feb 16): ST Engineering posted $484.5 million in earnings for the full year ended Dec 2016, 8% down from its profit of $529 million a year ago.


ST Engineering’s 3Q earnings fall 42% to $76.7 mil on one-off impairment charge

SINGAPORE (Nov 10): ST Engineering, the engineering solutions provider, posted a 42% decline in 3Q16 earnings to $76.7 million from $133.3 million a year ago.

Broker's Calls

ST Engineering remains attractive despite impairment loss

SINGAPORE (Oct 19): UOB Kay Hian is maintaining its “buy” call on ST Engineering (STE) with a target price of $3.40 despite a one-off impairment loss of $61 million.

Broker's Calls

ST Engineering new CEO's laser-focus a good thing

SINGAPORE (Oct 14): CIMB has maintained its “add” call on ST Engineering with a target price of $3.60 as new CEO Vincent Chong seeks to divest non-performing businesses at a faster pace but remains focus on engineering, defence and electronics as its

ST Engineering’s land systems division makes capital injection into Brazilian manufacturing unit

SINGAPORE (Sept 15): ST Engineering said on Thursday that two subsidiaries of its land systems business, ST Kinetics, have injected a total of BRL 8 million ($3.3 million) into the capital of LeeBoy Brazil Equipamentos De Construção Ltda for working cap