ST Engineering Wins $7B of Business in 2019 | Aviation International News

Maintenance and Modifications

ST Engineering Wins $7B of Business in 2019

Singapore Technologies Engineering inked $1.5 billion in contracts in the fourth quarter, bringing its full-year 2019 contract value to $7 billion.

2019 was a prosperous year for Singapore Technologies Enineering, which raked in $7 billion in contracts during the year. (Photo: David McIntosh/AIN)

By Chad Trautvetter • Online Editor

February 8, 2020

Singapore Technologies Engineering inked $1.5 billion in contracts in the fourth quarter, bringing its full-year 2019 contract value to $7 billion. Some $4.2 billion of these new contracts last year were secured by the company’s aerospace segment, doubling the dollar value of this division’s contract wins from 2018.

ST Engineering’s spectrum of aviation manufacturing and MRO service businesses including nacelle component, floor panel manufacturing, and airframe and engine maintenance services. New MRO contracts included heavy maintenance for Boeing 757s operated by a U.S. airline; transition checks for a freight operator’s MD-11s; and landing gear overhaul service for Japanese airline Solaseed Air’s Boeing 737-800s over a four-year period. They also covered a number of maintenance-by-the-hour, including a 15-year engine-support program for Japan Transocean Air’s Boeing 737NG fleet.

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