ST Aerospace

Broker's Calls

OCBC lifts ST Engineering's target price on improving aerospace outlook

In the latest 2QFY2023, ST Engineering added $4.7 billion worth of orders, bringing the total orderbook to a record S$27.7 billion


ST Engineering appoints new COO and Aerospace President

Singapore Technologies Engineering (ST Engineering) has announced the appointment of Lim Ser Ghee as their new Chief Operating Officer, and Jeffery Lam as their new President (Aerospace).

Broker's Calls

ST Engineering to see weaker aerospace business but other defence segment resilient

While aviation is likely to cause ST Engineering to experience weakened earnings going forward, stable defence earnings and robust balance sheets will likely see dividend remain constant.


ST Engineering wins another $1.5 bil worth of new aerospace, electronics contracts in 2Q

SINGAPORE (July 25): Technology, defence and engineering conglomerate Singapore Technologies Engineering announced Thursday that its Aerospace and Electronics businesses have secured new contracts worth a total of $1.5 billion in 2Q19.

Deals, joint ventures & alliances

ST Engineering secures contracts worth $2.1 bil for 1Q19

SINGAPORE (Apr 22): ST Engineering announced that its Aerospace and Electronics sectors have won new contracts with a combined value of $2.1 billion for 1Q19.

ST Engineering's aerospace arm secures $450 mil worth of contracts in 4Q18

SINGAPORE (Jan 15): ST Engineering announced that its aerospace arm has secured about $450 million worth of new contracts in 4Q18 for services including maintenance and modification for wide-ranging aircraft parts from the airframe to components.

Aviation & Engineering

ST Engineering's aerospace arm racks up contract wins worth total $510 mil in 1Q

SINGAPORE (Apr 11): ST Engineering announced Wednesday that its aerospace arm, ST Aerospace, has secured new contracts worth about $510 million in the first quarter of 2018.

Aviation & Engineering

Taking tech to the skies

SINGAPORE (Feb 9): Aircraft maintenance, repair and overhaul (MRO) players such as ST Engineering’s subsidiary ST Aerospace and SIA Engineering Co are expected to see less MRO work ahead.

Broker's Calls

Sky's the limit for ST Engineering

SINGAPORE (Jan 18): CIMB is maintaining its “add” recommendation on ST Engineering with a target price of $3.85.

ST Aerospace injects more capital into engine leasing services unit

SINGAPORE (Jan 8): ST Aerospace, the aerospace arm of ST Engineering, has pumped another US$1.47 million ($2 million) into 50% owned Total Engine Asset Management (TEAM).