ST Electronics

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.

In addition to these new contracts, the group says it has other contract wins by its other business sectors that are not disclosed due to customer confidentiality.

The Aerospace sector received a number of contracts worth around $809 million.

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.

The Aerospace sector secured $1.3 billion in contracts, including the 10-year service agreement from a long-time customer, a major North America operator to provide heavy maintenance checks for its entire fleet of A300 and Boeing 757. This agreement, as announced on 25 February 2019, covers over 160 widebody and narrowbody aircraft to be serviced at the sector’s US facilities in San Antonio and Pensacola, US from 2020.

ST Engineering's electronics arm secures $351 mil contract wins in 4Q18

SINGAPORE (Jan 21): ST Engineering announced that its electronics arm has secured $351 million worth of contracts in 4Q18, bringing the total amount of contract wins in 2018 to $2.19 billion.

These contracts were for its solutions in mobility, satellite communications, Internet of Things (IoT), and cybersecurity, as well as defence.

The group secured contracts to supply a Passenger Information System for Shanghai Metro Line 14, and Platform Screen Doors for Bangkok’s MRT line.

ST Engineering's electronics arm wins $635 mil in contracts in 1Q18

SINGAPORE (Apr 19): ST Engineering announced that its electronics arm, ST Electronics, has secured $635 million worth of contracts in 1Q18.

The contracts include solutions in mobility, satellite communications, Internet of Things (IoT), public safety and security, cybersecurity and defence.

ST Electronics to invest US$20 mil in joint venture with SatixFy UK

SINGAPORE (Feb 6): ST Engineering’s subsidiary, ST Electronics, has signed a joint venture agreement with UK-based antenna chip manufacturer SatixFy UK.

The signing, at the sidelines of the Singapore Airshow, will see ST Electronics invest US$20 million ($26 million) for a 49% stake in the new JV, which will be set up in the UK.

The agreement is part of ST Electronics’ strategy to develop a state-of-the-art satellite antenna system to deliver enhanced in-flight connectivity for commercial aviation.

ST Electronics records $742 mil worth of contract wins in 4Q

SINGAPORE (Jan 18): ST Electronics has clinched about $742 million worth of contracts over 4Q17, bringing the total value of new orders secured in 2017 by its parent company, ST Engineering, to $2.24 billion.

In a Friday filing, ST Engineering says the latest contract wins from its electronics arm are in the fields of rail electronics & intelligent transportation, satellite & broadband communications, as well as advance electronics & information communications technologies (ICT) solutions.  

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.

“Against the backdrop of a rapidly-evolving cyber environment, ST Electronics continues to build strong collaboration with key industry partners to develop industry-leading capabilities and products that strengthen the cyber security landscape of Singapore and other countries,” says the group in a press release on Tuesday.

ST Engineering’s electronics arm wins $490 mil of contracts in 2Q

SINGAPORE (July 19): ST Engineering says its electronics arm, ST Electronics, secured about $490 million worth of contracts in the 2Q of 2017.

Among the contracts, rail electronics and intelligent transportation contracts of about $131 million were clinched from local and overseas customers.

Temasek portfolio companies establish partnership for joint participation in KL-Singapore High Speed Rail

SINGAPORE (July 3): International Enterprise (IE) Singapore, the government agency that promotes international trade and partners Singapore companies to go global, has brought together portfolio companies of state-owned fund Temasek Holdings to jointly participate in high speed rail projects, starting with the Kuala Lumpur-Singapore High Speed Rail (KL-SG HSR). 

ST Engineering's electronics arm reports contracts worth $464 mil in 1Q

SINGAPORE (April 18): Singapore Technologies Engineering (ST Engineering) announced Tuesday that its electronics arm has secured some $464 million worth of contracts in the first quarter of 2017.

ST Electronics’ Advanced Electronics & Information Communications Technologies (ICT) solutions segment won contracts worth about $318 million.

To be completed progressively till 2023, these include contracts for Integrated Security Management System, the enhancement of communications and network systems, delivery of Advanced Meter Readers, and customised training solutions.

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