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ST Engineering Electronics Arm Wins Contracts Worth About $370 Million In 3Q15
Daily Bulletin | 16 October 2015
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Singapore Technologies Engineering has announced that its electronics arm, Singapore Technologies Electronics, has secured about $370 million worth of contracts in 3Q15.

Rail Electronics & Intelligent Transportation contracts of about $52 million were secured from local and overseas customers in Brazil, China, the Middle East, Taiwan, Thailand and US. These projects will be completed progressively till mid-2022.

Contracts amounting to $74 million were secured in the Satellite & Broadband Communications sector from government, telecom and enterprise users worldwide for the supply of satellite network equipment, earth stations and manpack terminals.

About $244 million worth of Advanced Electronics & ICT contracts were also clinched from both public and private sectors.

Singapore Technologies Engineering  4.010 +0.02 +0.50%   
Business: An integrated engineering group providing solutions & services across many sectors. [FY18 Turnover] Aerospace (39.5%), electronics (32%), land systems (19.1%), marine (8.6%), others (0.8%).

Insight: May-19, 1Q19 revenue rose 5.1% to $1.7b attributed... Read More

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