Fact-checked by Grok 2 weeks ago

ST Engineering

ST Engineering Ltd. is a Singaporean multinational technology, defence, and engineering conglomerate headquartered in Singapore. Formed in December 1997 through the amalgamation of four entities—ST Aerospace, ST Electronics, ST Kinetics, and ST Marine—it originated from Singapore's post-independence drive for defence self-sufficiency in the 1960s and 1970s. The company operates in sectors including aerospace, smart city solutions, defence, and public security, employing over 27,000 people globally, with more than 19,000 in engineering and technical roles, and serving clients in over 100 countries. Listed on the Singapore Exchange, ST Engineering reported revenue of US$8.4 billion in fiscal year 2024 and ranks among the largest firms by market capitalization on the exchange. The precursor organizations laid the foundation for indigenous capabilities, such as Chartered Industries of Singapore producing in 1967, Singapore Shipbuilding and commencing naval repairs in 1968, and Singapore Aerospace Maintenance handling air force overhauls from 1975. Notable early innovations include the launched in 1979 and the development of Singapore's first commercial aircraft maintenance, repair, and overhaul facility in 1990. Under ownership by since 1994, ST Engineering has expanded internationally, with significant operations in the United States employing about 6,000 people across 21 states, while maintaining a focus on technology integration for defence and commercial applications.

History

Origins and Early Development (1960s–1980s)

The origins of ST Engineering trace back to Singapore's post-independence efforts to build domestic defense capabilities following separation from in 1965 and the impending British military withdrawal announced in 1968, which necessitated self-reliance in armaments and engineering to support the newly formed (). In 1967, the government established the () as the foundational entity, tasked with manufacturing 5.56mm ammunition for the to meet immediate requirements and reduce import dependency. This initiative reflected a strategic pivot toward indigenous production amid regional vulnerabilities and limited foreign support. Building on this, additional specialized companies emerged in the late and to address gaps in naval, electronic, land, and air domains. In 1968, Singapore Shipbuilding and Engineering (SSE) was formed to develop local expertise in constructing and repairing , starting with projects like a 25m completed in 1970. Singapore Electronic & Engineering (SEEL) followed in 1969, providing electronic and electrical services for equipment, including a contract to design four missile gunboats in collaboration with Germany's Fr Lurssen Werft. Complementary efforts included Singapore Automotive Engineering in 1971 for maintaining heavy military vehicles and Singapore Aerospace Maintenance Company in 1975 for servicing assets. These entities emphasized munitions production, basic , and defense electronics, prioritizing practical support for national security over commercial ventures. By the late 1970s, these precursors demonstrated growing technical proficiency, exemplified by CIS's 1979 launch of the , recognized as the world's lightest low-recoil . This period laid the groundwork for consolidation, with Technologies Holdings Pte Ltd incorporated in 1974 as an early holding structure to coordinate the expanding defense engineering ecosystem. The focus remained on cost-effective, localized solutions to enhance military readiness, driven by government directives rather than .

Expansion and Diversification (1990s–2000s)

In 1990, the ST group diversified into by establishing its first airframe maintenance, repair, and overhaul (MRO) facilities in Singapore and , , marking a shift beyond defense-oriented activities to capture civilian market opportunities. This move laid the groundwork for broader commercial engagement, with subsequent expansions including marine operations via a second shipyard in , , in 1994. ST Engineering was formed on 28 August 1997 as a public-listed through the merger of entities such as Singapore Aerospace Manufacturing and ST Automotive, followed by its listing on the in December 1997, which facilitated access to capital for organic growth and acquisitions. In February 2000, ST Automotive and Chartered Industries of Singapore merged to create , consolidating land systems capabilities in munitions, automotive, and engineering divisions to support both defense exports and production. The 2002 rebranding unified subsidiaries under the ST Engineering banner—renaming ST Aerospace as , ST Electronics as ST Engineering Electronics, and ST Kinetics as —to streamline global branding and enhance multinational presence through partnerships in and for and solutions. Key expansions included the acquisition of in 2002, bolstering U.S.-based for commercial and government vessels, and diversification into electronics for public security and urban infrastructure applications. This period saw revenue expansion, with the group achieving annual turnover exceeding SGD 7 billion by 2001 and ST Engineering reaching SGD 5.55 billion by fiscal year 2009, driven by commercial MRO contracts and international orders that reduced reliance on domestic defense spending.

Reorganization and Recent Milestones (–Present)

In January 2021, ST Engineering restructured its operations into two primary clusters—Commercial, which integrated commercial and initiatives, and Defence & —replacing the prior four-sector model of , , Systems, and . This reorganization, effective from January 1, sought to streamline decision-making, foster cross-business synergies, and better address global growth opportunities amid volatilities and sector-specific demands. The prompted operational adaptations, including enhanced safe management protocols such as telecommuting, split teams, and staggered shifts to minimize transmission risks while sustaining essential defence and engineering services. ST Engineering also pivoted production capabilities to manufacture N95 and medical-grade surgical masks for frontline healthcare workers, alongside deploying technologies for monitoring, robotics-assisted disinfection, and community support. These measures supported resilience in core operations, particularly in defence, despite sector contractions from grounded fleets and disrupted parts supplies. Post-reorganization milestones include sustained leadership in aircraft maintenance, repair, and overhaul (MRO), with ST Engineering retaining the top global ranking for airframe MRO capacity for the eighth consecutive year as of 2019, backed by over 13 million annual maintenance manhours. The Defence & Public Security cluster achieved revenue growth exceeding 20% from 2021 to 2024, driven by heightened geopolitical demands. In 2025, the company secured $14 billion in contract wins across the first nine months, encompassing aerospace repairs, urban solutions, and security systems, underscoring adaptability to recovery in commercial aviation and persistent defence needs.

Business Segments

Aerospace

ST Engineering's Aerospace division specializes in maintenance, repair, and overhaul (MRO) services, original equipment manufacturing, and engineering solutions for commercial and . It operates as one of the world's largest third-party providers of MRO, supporting a wide range of fixed-wing and rotary-wing aircraft from manufacturers including , , and ATR. The division also maintains capabilities in component repair, aerostructure production, and systems, serving major airlines, lessors, and military operators globally. In MRO, the division leads in airframe and services, with an extensive network of facilities across , the , and . Key locations include Singapore's , , and airports for comprehensive airframe work; U.S. sites in ; ; and San Antonio, Texas; Germany's Dresden facility; and Chinese hubs in and . These sites handle heavy maintenance for widebody and , including recent expansions such as the Ezhou facility, which accommodates up to four widebody or eight simultaneously, and a Singapore MRO upgrade set to double capacity for CFM56 and LEAP engines to over 300 units annually by 2027. The division's services emphasize turnaround efficiency, delivering cost savings through integrated solutions like forward-deployed teams and inventory management for clients including global carriers and defense forces. Manufacturing efforts focus on critical components such as landing gears, aerostructures, and engine nacelles, with repair and overhaul authorized for over 20 OEMs. Through subsidiaries like in the U.S., the division produces complex structural systems, including composite panels and thrust reversers, supporting OEM partners in design, testing, and production phases. These capabilities enable efficiency gains, such as reduced lifecycle costs for operators via modular aerostructure solutions. Recent achievements include positioning as the world's largest MRO provider by capacity, bolstered by investments like a S$170 million widebody hangar project adding 1.3 million man-hours annually by 2026. In sustainable , the division advances technologies such as sustainable (SAF) testing in helicopter engines via partnerships with and propulsion components for JetZero's blended-wing demonstrator, targeting up to 50% reductions in fuel burn and emissions. Freighter conversion programs further support eco-efficient cargo operations by extending aircraft life and optimizing fuel use.

Smart City

ST Engineering's Smart City division develops integrated urban solutions leveraging (IoT) devices, (AI), and data analytics to enhance city infrastructure, mobility, and sustainability. Its portfolio includes systems for , smart utilities, and transportation optimization, with a reported track record of delivering over 800 projects across more than 150 cities globally. These solutions emphasize integration to address urban challenges such as congestion and resource inefficiency, prioritizing scalable implementations that demonstrate measurable outcomes in operational performance. Central to the division's offerings is the AGIL , an AI-driven operating that unifies subsystems, sensors, and applications for and . In , the AGIL Urban employs to optimize flow, reduce emissions, and improve safety by analyzing data from connected devices and vehicles. For , solutions encompass intelligent and road systems, including smart metro enhancements for capacity optimization and automated maintenance, as well as services providing support and inspection for fleets. -enabled sensor networks, such as AGIL Sense, facilitate for utilities like lighting, water, and , enabling automated monitoring and efficiency gains. AI integration supports and energy optimization, exemplified by applications in for metro networks, where algorithms reduce downtime by forecasting failures, and predictive cooling for HVAC systems that lowers in buildings. These technologies contribute to sustainable planning by minimizing resource waste and enabling data-driven urban scalability, as seen in Singapore's transportation upgrades where ST Engineering's smart mobility initiatives have improved transit efficiency. Deployments in cities highlight practical efficacy, including and smart mobility projects in , , and expansions into , , focusing on integrated traffic and infrastructures. In 2024, ST Engineering secured a S$60 million contract to deploy an AI-powered platform in City, , incorporating for operations starting in Q4, building on the AGIL OS's use of digital twins for and . Collaborations, such as with Oman Broadband Company in 2025, extend these capabilities to regional smart initiatives, emphasizing and long-term data yields over isolated pilots. Such implementations underscore the division's focus on verifiable improvements in urban throughput and sustainability metrics, validated through operational contracts rather than conceptual frameworks.

Defence and Public Security

ST Engineering's Defence and Public Security segment specializes in land systems, marine platforms, cyber defence, and public security technologies, providing integrated solutions that support Singapore's doctrine, which integrates military, civil, economic, social, psychological, and digital defence to ensure national resilience against multifaceted threats. This segment develops capabilities in battlefield mobility, naval combatants, surveillance, and electronic warfare systems, with products deployed domestically by the and exported to international partners through collaborations and local production agreements. In , the segment emphasized investments in digital systems, , and hybrid propulsion to address evolving threats like unmanned systems and . Land systems include the Terrex 8x8 Infantry Carrier Vehicle, a wheeled armoured platform weighing approximately 25-30 tonnes, equipped with modular armour, amphibious capabilities in select variants, and integrated firepower systems such as remote weapon stations and anti-tank missiles, serving as a core mobility asset for the since its introduction in the . The vehicle has demonstrated reliability in operational deployments, supporting transport, , and roles with enhanced protection against small arms, improvised explosives, and fragments. Advancements continue with the Terrex s5 next-generation variant, featuring a 711 turbo-diesel hybrid-electric drive, advanced electronic architecture for , and counter-unmanned aerial system (CUAS) integration to counter threats in modern battlefields. For exports, ST Engineering signed a December 2024 agreement with Kazakhstan Paramount Engineering to establish local production of Terrex variants, enabling technology transfer and adaptation for Central Asian operational needs. Marine capabilities encompass the design and construction of multi-role combatants, patrol vessels, and unmanned surface vessels for littoral and open-sea operations, including the Victory-class Multi-Role Combatant Vessels (MRCV) for the , with the first unit launched on October 22, 2025, at ST Engineering's Benoi Yard to enhance anti-submarine and . The segment also supplies unmanned mine countermeasures packages, comprising autonomous underwater vehicles and surface vessels for threat detection and neutralization without risking personnel. Internationally, ST Engineering partners with to offer Littoral Mission Vessel (LMV) variants, such as adaptations for Estonia's naval requirements announced in September 2025, focusing on modular designs for patrol, surveillance, and interdiction in contested waters. These systems incorporate suites for jamming, detection, and countermeasures against radar-guided threats. Public security offerings include surveillance and intelligence systems for homeland defence, such as sensor networks for tracking intrusions across land, sea, and air domains, enabling real-time for counter-terrorism and border protection. These integrate unmanned platforms, detection radars, and for like ports and coastal zones, with cyber-secure architectures to mitigate advanced persistent threats in and environments. In July 2025, the segment secured contracts worth approximately $1.5 billion, including digital systems for enhanced cyber defence and land-based security integrations. Defence platform electronics further bolster these by embedding scalable computing, secure communications, and into vehicles and vessels, supporting operations like signal intelligence and jamming to disrupt adversary command networks.

Financial Performance

Historical Trends and Growth Metrics

ST Engineering's revenue expanded significantly from approximately SGD 5 billion in 2010 to SGD 10.1 billion in 2023, achieving an average annual rate of 10.6%. This trajectory reflects sustained demand for defence-related contracts and maintenance, repair, and overhaul (MRO) services, which have bolstered contributions from and systems segments amid global modernization efforts. Key profitability indicators highlight operational resilience in a capital-intensive sector, with (ROE) at 26.1% and net profit margins around 6.6%, supported by efficient cost management and higher-margin defence projects. These metrics derive from consistent execution on long-term contracts, though subject to cyclical defence budgets that influence order inflows and . External pressures, including Singapore dollar (SGD) appreciation against key trading currencies, have periodically moderated reported growth by affecting overseas earnings translation, as detailed in through 2024. Despite such headwinds, the company's diversified portfolio has enabled resilience, with defence spending uptrends offsetting volatility in commercial aerospace cycles.

Recent Results and Order Book (2020s)

In 2024, ST Engineering reported of S$11.3 billion, marking a 12% year-on-year increase from S$10.1 billion in , driven primarily by robust demand in defence and segments. Net profit attributable to shareholders rose 20% to S$702 million, reflecting improved operational efficiencies and higher contributions from core businesses despite lingering supply chain pressures from the post-pandemic period. For the first half of (1H2025), revenue reached S$5.92 billion, up 7% year-on-year, with earnings before interest and tax (EBIT) growing 15% to S$602 million. Net profit increased 20% to S$403 million, supported by strong order execution in defence technologies amid elevated geopolitical risks in and the . This performance underscores the company's ability to sustain profitability growth ahead of revenue, even as global supply disruptions persisted into . The order book stood at a record S$31.2 billion as of June 30, 2025, up 14% from S$27.4 billion at the end of , bolstered by S$9.1 billion in new wins during 1H2025. This , with an expected S$5 billion deliverable in the second half of 2025, offers multi-year visibility and highlights resilience through organic order intake rather than acquisition-driven expansion, contrasting with peers more exposed to volatile commercial cycles.

Innovations and Technologies

Patents and R&D Focus

ST Engineering maintains a substantial portfolio, encompassing over 1,738 patents filed globally, of which 1,082 have been granted and more than 41% remain active as of recent assessments. These patents predominantly focus on defence for command, , and systems; aerospace composites for structural enhancements; and sensors for detection and monitoring applications, reflecting the company's core competencies in high-reliability engineering domains. The firm's R&D investments prioritize strategic areas aligned with defence and urban infrastructure needs, including hybrid warfare countermeasures and intelligent city technologies, with a notable portion directed toward dual-use innovations applicable to both military and civilian contexts. In 2024, total R&D expenditure reached $420 million, equivalent to 3.7% of group revenue, consistent with a long-term commitment to allocate 4-5% annually for technology advancement. Approximately 75% of these efforts target digital technologies, such as AI integration for real-time decision-making, while 55% emphasize dual-use developments to address asymmetric threats like unmanned incursions and urban disruptions. Collaborative R&D initiatives, often with academic and industry partners, have produced verifiable advancements in areas like advanced C4I (command, control, communications, computers, and intelligence) frameworks, enabling integrated responses to complex operational environments. This approach underscores a focus on empirical validation and deployable outcomes rather than speculative concepts, prioritizing against non-traditional security challenges prevalent in modern .

Key Products and Capabilities

ST Engineering's flagship defence products emphasize modularity and adaptability, enabling upgrades to counter evolving threats without overhauling legacy platforms. The Terrex 8x8 Infantry Fighting Vehicle, deployed operationally by the since 2019, integrates advanced protection via active and passive armor systems, achieving mobility speeds exceeding 100 km/h on roads and full amphibious capability. Its baseline variant carries up to 11 troops with a 30 mm remote weapon station, while modular variants support command, , and evacuation roles, facilitating integration with diverse mission requirements and export customizations such as enhanced performance for Eastern markets. Amphibious assault capabilities are exemplified by the , a twin-hulled, fully proven in exercises across swamps, rivers, and urban terrains, with water speeds up to 10 km/h and land mobility over 70% of global terrain types. Designed for logistics, recovery, and troop transport, it features interchangeable mission modules for rapid reconfiguration, including bridge-laying and mine-clearing kits, and has logged thousands of operational hours with high reliability in adverse conditions. Complementing this, the ExtremV multi-purpose platform extends versatility through its wheeled-tracked hybrid design, supporting payloads over 10 tons for roles like patrol and engineering, with recent export adaptations including local assembly in for North American forces. In electronics and command systems, ST Engineering's defence platform solutions incorporate fused sensor suites with electro-optical cameras, driver displays, and digital video units for closed-hatch operations, achieving seamless with vehicle networks for battlefield awareness. These systems support customization for allied forces, as seen in 2024 agreements for 8x8 amphibious variants tailored to Kazakh operational needs, including localized for . Such differentiates ST Engineering from rigid legacy competitors by enabling software-defined upgrades, with field data indicating over 95% system uptime in integrated deployments. Smart city and public security offerings include industrial cybersecurity tools like proprietary data diodes, which enforce one-way information flow to protect from bidirectional threats, deployed in utilities and / environments with zero-trust architecture. These capabilities extend to health security through bioaerosol detection systems adapted for urban surveillance, though primary emphasis remains on defence integrations ensuring high-fidelity threat response in real-world scenarios.

Global Operations

Presence in Asia and Singapore

ST Engineering maintains its headquarters in , serving as the central hub for its operations across , defence, smart city, and public security sectors. Major facilities include the complex at Airport for , engine, and component maintenance, repair, and overhaul (MRO), as well as the Benoi shipyard specializing in naval and commercial vessel construction, repair, and upgrades. These assets directly support the modernization of the (SAF), exemplified by the 2025 launch of the first Multi-Role Combat Vessel (MRCV) at the Benoi facility, a 150-meter vessel designed to enhance littoral operations and replace existing patrol vessels through collaboration with Singapore's Defence Technology Community. The company's Singapore-based activities generate high-value employment, with expansions such as the 2025 multimillion-dollar engine MRO facility addition projected to create over 300 specialized jobs by 2027, doubling annual engine processing capacity to more than 300 units. Overall, ST Engineering's local operations contribute to Singapore's through skilled roles, with global figures indicating over 19,000 technical personnel, a substantial share rooted in the and principal facilities. These efforts align with national priorities by fostering technological self-reliance, including historical contracts like the S$160 million deals in 2010 for upgrades. In regional defence supply chains, ST Engineering holds a dominant position in , where approximately 80% of its occurs, enabling s that reinforce Singapore's amid geopolitical tensions. Locally, it promotes to small and medium-sized enterprises (s) through partnerships that build a robust defence ecosystem, including joint corporate laboratories with institutions like for innovation spillover. This integration supports SME integration into high-tech supply chains, enhancing domestic capabilities without reliance on external powers.

International Expansion and Subsidiaries

ST Engineering has pursued international expansion through a combination of , strategic acquisitions, and joint ventures, establishing subsidiaries primarily in the , , and the to access alliances, commercial markets, and diversified revenue opportunities. In the , ST Engineering operates as a key focused on MRO, systems, and smart mobility, employing specialized teams for military and government s. This entity includes , which has secured multiple U.S. awards, such as a $2.9 million in 2023 for the Common Hull Auxiliary Multi-mission (CHAMP) and options for up to five Auxiliary Personnel Lighter–Small (APL(S)) berthing barges delivered progressively from 2022 onward. A pivotal inorganic expansion occurred in March 2022 with the full acquisition of TransCore, a U.S.-based provider of intelligent transportation systems, which bolstered ST Engineering's North American presence in solutions and contributed to revenue diversification amid growing demand for technologies. These U.S. operations have enabled penetration into NATO-aligned markets by aligning with stringent regulatory and standards, as evidenced by sustained naval contracts that leverage local expertise for multi-mission platforms. In and the , ST Engineering maintains a of subsidiaries and associated companies emphasizing defense collaborations and services, with over 27,000 employees across its global footprint supporting operations in these regions as of 2024. Key initiatives include a 2023 exclusive cooperation agreement with to provide engine MRO solutions tailored for Middle Eastern operators, addressing regional demand for comprehensive while navigating local regulations. This has led to verifiable successes, such as 2025 contracts for CFM56-7B and LEAP-1A engine overhauls with Middle Eastern airlines, enhancing commercial hubs without primary reliance on domestic infrastructure. Overall, these efforts have driven contract wins exceeding $4.9 billion in the third quarter of 2025 alone, underscoring adaptations to foreign market dynamics through targeted subsidiaries.

Controversies and Criticisms

Corruption Scandals in Contracts

In 2014, Singapore's (CPIB) uncovered a major scheme at ST Marine, a wholly-owned marine arm of ST Engineering specializing in ship repair and engineering, involving illicit payments to agents of foreign customers to secure repair contracts. The , one of the largest corporate graft cases in Singapore's history, centered on bribes paid between 2005 and 2012, primarily to intermediaries for contracts with entities like Myanmar's Myanma Five Star Line, totaling over S$1 million in corrupt gratification. Seven former senior executives, including ex-president Keow Chin and group financial controller Patrick Lee Swee Ching, faced charges under the Prevention of Corruption Act for conspiring to offer bribes ranging from S$12,960 to S$273,778 per instance, alongside falsifying expense claims to disguise payments as legitimate business costs. Convictions followed between 2015 and 2017: received 16 weeks' in January 2017 for conspiring on bribes worth nearly S$274,000; another executive, See Chiow Chye, was sentenced to six months' jail and an S$80,000 fine in August 2016 on 358 charges; Ong Teck Liam, the last convicted, was fined S$300,000 in June 2017. The illicit payments, executed via agents to influence contract awards, eroded in ST Engineering's and led to temporary declines in its share price amid the revelations. Despite the severity, ST Marine was not barred from bidding on government contracts post-conviction. In response, ST Engineering strengthened its anti-corruption framework, including enhanced internal audits, mandatory compliance training, and zero-tolerance policies on , as affirmed in company statements emphasizing proactive risk mitigation. No further major incidents have been publicly reported since the resolutions.

Labor Practices and Workforce Issues

In July 2024, ST Engineering terminated the of approximately 300 Chilean aircraft mechanics holding H-1B visas at its facilities in , and , leading to the expiration of their work visas and potential loss of legal status for many workers and their families. The workers, recruited from in 2023 to support maintenance contracts, reported being dismissed without prior notice or , after relocating families under assurances of multi-year . Local officials, including Pensacola Mayor , criticized the company for prioritizing foreign hires over training and employing U.S. workers, noting that the terminations exacerbated community concerns about underpayment of skilled labor—reportedly at rates below national averages—and failure to transfer skills to domestic staff despite public incentives for the facilities. Some dismissals reportedly followed workers' discussions with U.S. Department of Labor investigators, prompting allegations of retaliation. ST Engineering defended the actions as non-layoffs but visa non-renewals due to shifting contracts and business restructuring, halting further terminations while pledging to address local hiring and training in response to municipal demands. The incident highlighted tensions in ST Engineering's global staffing model, which relies on expatriate and visa-based labor for specialized roles, including training programs in and overseas sites, but drew scrutiny for inadequate during transitions, leaving affected workers to seek extensions or new sponsorships amid and financial strains. No prior major disputes were documented in U.S. operations, though the company's reports emphasize compliance with local labor laws and merit-based practices.

Strategic Impact

Role in National Defence and Security

ST Engineering plays a pivotal role in Singapore's strategy by developing indigenous defence systems that bolster the Republic of Singapore Armed Forces (RSAF, , and RSAF branches) and reduce reliance on foreign suppliers. Jointly with the (DSTA), the company has innovated platforms such as the Hunter (AFV), ergonomically designed for urban and high-mobility operations to enhance battlefield effectiveness. Similarly, ST Engineering launched the Republic of Singapore Navy's first Victory-class Multi-Role Combat Vessel (MRCV) on October 21, 2025, integrating advanced surveillance and strike capabilities to support maritime deterrence in contested waters. These systems contribute to Singapore's deterrence posture by enabling self-reliant production of artillery like the 120mm Super Rapid Advanced Mortar System (SRAMS) and series, minimizing supply chain vulnerabilities amid regional tensions. Through exports, ST Engineering extends Singapore's defence expertise to allies, enhancing against shared threats. The company secured contracts in in June 2024, delivering NATO-compliant systems noted for and target engagement reliability critical in high-stakes operations. Earlier, its Viking protected mobility vehicle achieved 88% reliability in combat deployments, demonstrating proven performance in hostile environments. Ranked 55th among global defence firms, ST Engineering's export successes, including to the and , support partner nations' capabilities while diversifying revenue and validating technological robustness. As a Temasek-owned entity, ST Engineering's deep integration with state defence priorities raises questions of over-reliance on government-linked firms, potentially limiting competitive innovation. However, this model yields efficiency gains through seamless civil-military , as evidenced by dual-use advancements in and munitions that strengthen overall national without compromising operational readiness. Such synergies align with Singapore's pragmatic approach to defence industrialization, prioritizing causal over diversified sourcing in a resource-constrained .

Economic Contributions and Market Position

ST Engineering, a constituent of the Straits Times Index, generated revenue of S$11.3 billion in 2024, contributing to Singapore's economic output through high-value engineering, defence exports, and urban infrastructure projects that leverage multipliers in and sectors. The company's direct economic value distributed totaled S$10.6 billion in 2024, encompassing payments to suppliers, employees, and reinvestments that amplify GDP effects via domestic procurement and export-oriented activities, with international revenue streams bolstering Singapore's trade surplus in . This scale underscores its role in sustaining economic resilience, particularly as a key player in sectors aligned with national priorities like advanced . A robust of S$31.2 billion as of June 2025 provides multi-year visibility, with approximately S$5 billion slated for in the second half of 2025 alone, mitigating from global inflation and disruptions. Recent contract wins, including S$4.9 billion in the third quarter of 2025 across , defence, and solutions, further extend this backlog, enabling consistent execution and cash flow generation amid peers facing delays in similar environments. In niche markets, ST Engineering holds leadership in defence , repair, and overhaul (MRO) services—being the first Asian provider designated for CFM International's LEAP —and solutions for smart infrastructure, where it outperforms competitors through integrated delivery models that enhance in high-demand regions. Fiscal 2024 net profit rose 20% to S$702 million, with (EBIT) growth outpacing , demonstrating operational and profitability that counters perceptions of inefficiency in state-linked entities by evidencing disciplined and margin to 6.2%. The company's investments in Singapore's ecosystem, including talent initiatives via training programs and partnerships, foster long-term development, with targets for exceeding 20% signaling sustained value creation beyond short-term fiscal metrics. This positions ST Engineering as a pivotal driver of technological advancement, aligning private-sector-like profitability with strategic national contributions.

References

  1. [1]
    About - ST Engineering
    Learn about our rich history and the illustrious journey of how we got to where we are today.Leadership Team · Board of Directors · Organisation Structure
  2. [2]
    Our History - ST Engineering
    1990: First commercial airframe MRO facility in Singapore. 1994: Expanded marine operations with a second shipyard in Tuas, Singapore. Expansion. The pioneer ...
  3. [3]
    ST Engineering is created - Singapore - Article Detail
    Created in December 1997, ST Engineering is an amalgamation of four listed companies: ST Aerospace, ST Electronics, ST Kinetics and ST Marine.Missing: operations | Show results with:operations
  4. [4]
    [PDF] ST Engineering Ventures - Singapore
    Headquartered in Singapore, ST Engineering reported revenue of US$8.4B in FY2024 and it ranks among the largest companies listed on the Singapore Exchange. It ...Missing: sources | Show results with:sources
  5. [5]
    FAQ - ST Engineering
    Our corporate website (www.stengg.com), serves as the primary source of corporate information, financial data, sustainability as well as business updates and ...
  6. [6]
    Singapore Technologies - Article Detail
    The ST group came under state investment company Temasek Holdings in 1994, and in 1995 ST Pte Ltd was formed as the group's operational headquarters.
  7. [7]
    SINGAPORE TECHNOLOGIES HOLDINGS PTE LTD (197400010Z)
    Sep 7, 2022 · SINGAPORE TECHNOLOGIES HOLDINGS PTE LTD was incorporated on 3 January 1974 (Thursday) as a Exempt Private Company Limited by Shares in ...
  8. [8]
    BOLLINGER SHIPYARDS TO ACQUIRE VT HALTER MARINE AND ...
    Nov 7, 2022 · It has entered into an agreement to acquire VT Halter Marine, Inc. and ST Engineering Halter Marine Offshore (STEHMO), together a leader in the design, ...
  9. [9]
    ST Engineering posts 27% rise in 4Q net profit to $129.7m
    For FY2009, the group reported 4% growth in its turnover to $5,548 million and PBT increased slightly to $546.6 million. PATMI was lower by 6% at $443.9 million ...
  10. [10]
    News - ST Engineering Reorganises for Global Growth and Success
    Nov 17, 2020 · Effective 1 January 2021, ST Engineering will be reorganised as Commercial and Defence & Public Security clusters, replacing the sector-structure of Aerospace, ...Missing: achievements controversies
  11. [11]
    ST Engineering to reorganise into commercial and defence & public ...
    Nov 18, 2020 · Mainboard-listed ST Engineering will be reorganised into two main clusters from the new year - commercial, and defence & public security.
  12. [12]
    ST Engineering reorganises aerospace unit in company-wide rejig
    Nov 17, 2020 · ST Engineering will subsume its commercial aerospace business into a larger Commercial cluster, as part of a company-wide reorganisation.
  13. [13]
    COVID-19 Update - ST Engineering
    These include implementing workplace practices like telecommuting, split team and staggered work and break hours, as well as other aspects of safe management ...Missing: adaptations | Show results with:adaptations
  14. [14]
    ST Engineering COVID-19 Update - Providing essential services
    Singapore, 14 April 2020 - On 7 April 2020, the Covid-19 (Temporary Measures) (Control Order) Regulations 2020 were passed in Singapore.Missing: adaptations | Show results with:adaptations
  15. [15]
    Indeed, ST Engineering is producing N95 masks and medical-grade ...
    May 6, 2020 · ST Engineering is producing N95 masks and medical-grade surgical masks to help protect our healthcare and frontline workers.
  16. [16]
    ST Engineering focuses on business resilience despite revenue ...
    Feb 19, 2021 · Singapore Technologies Engineering (ST Engineering) has reported a 9 per cent dip in revenue for full-year 2020, to S$7.2 billion.Missing: milestones 2020s<|separator|>
  17. [17]
    ST Engineering Maintains Leading Market Position in Airframe MRO ...
    Jun 18, 2019 · ST Engineering once again proved it is the leading global airframe MRO service provider by clinching, for the eighth consecutive time since 2002, top position.
  18. [18]
    [PDF] ST Engineering Announces Leadership Changes
    Apr 17, 2025 · Group's reorganisation in 2021. Both the DPS segment and the Group's defence business grew more than 20% in revenue from 2021 to 2024. The ...
  19. [19]
    ST Engineering Announces Strong Contract Wins of $4.9b for 3Q2025
    With $9.1b secured in the first half of 2025, the total contract wins for the nine months ended 30 September 2025 reached $14b. Sustained ...
  20. [20]
    https://www.straitstimes.com/business/companies-markets/st-engineering-bags-new-contracts-worth-4-9-billion-in-q3-2025
  21. [21]
    Aerospace - ST Engineering
    In MRO, we are among the world's largest third-party airframe MRO service providers. We are also a Premier MRO for CFM LEAP engines, and we deliver ...Aerospace MRO · Engine Services · Precision Manufacturing · Airframe Services
  22. [22]
    Aircraft Parts & Component Services - Singapore - ST Engineering
    Repair and overhaul of Airbus, Boeing and ATR aircraft and helicopter components, landing gears and aerostructures · Authorised service centres for more than 20 ...
  23. [23]
    Airframe Services - Singapore - ST Engineering
    Aircraft Types We Support ; Singapore. Changi, Paya Lebar and Seletar ; Germany. Dresden ; U.S.. Pensacola, Florida and San Antonio, Texas ; China. Ezhou, Guangzhou ...
  24. [24]
    US Presence | ST Engineering in the United States
    As the world's largest airframe MRO solution provider and an OEM specializing in engine nacelle and composite panels, we deliver proven solutions for ...Contact Us · Leadership Team · About · Our People in the U.S.
  25. [25]
    News - ST Engineering Strengthens Global Aerospace Support with ...
    Sep 15, 2025 · Through this expansion, ST Engineering is expected to create over 300 new high-value jobs for its engine MRO operations in Singapore, while ...Missing: achievements widebody
  26. [26]
    ST Engineering MRAS: Home
    Jun 9, 2025 · MRAS offers a comprehensive suite of services, encompassing the entire aerostructure lifecycle, from design and development to manufacturing, testing, and ...Careers · About us · Engineering · Engineering SolutionsMissing: landing gears
  27. [27]
    ST Engineering Aero President On Big Capacity Expansion
    Sep 27, 2023 · ST Engineering broke ground in Singapore on Sept. 23 for a four-bay widebody hangar. The first bay is scheduled to be ready mid-2025. Credit: ST ...
  28. [28]
    Safran and ST Engineering to Study and Advance the Use of SAF in ...
    Feb 16, 2022 · Safran Helicopter Engines and ST Engineering signed MOU to study the use of Sustainable Aviation Fuel (SAF) in Safran helicopter engines, ...
  29. [29]
    ST Engineering MRAS to Design and Manufacture Propulsion ...
    Jul 21, 2025 · JetZero's demonstrator will validate revolutionary technologies that aim to reduce fuel burn and carbon emissions by up to 50%. It represents a ...
  30. [30]
    Smart City | ST Engineering
    Our innovative solutions ensure your city is ready for future challenges. Backed by a track record of 800 smart city projects in over 150 cities worldwide ...Urban Solutions · AGIL Smart City Operating... · Smart Security
  31. [31]
    Urban Solutions & Transportation Management - ST Engineering
    Enhance your city's mobility with ST Engineering's transportation management solutions, offering intelligent systems for efficient and safe urban transit.Urban Environment Solutions · AGIL Smart City Operating... · Smart Security
  32. [32]
    AGIL Urban Traffic Management System | ST Engineering
    Our AI-driven AGIL Urban Traffic Management System provides a single platform that unifies transport sub-systems, applications and data sources.
  33. [33]
    Smart Mobility (Road) | ST Engineering
    Our urban traffic and transport solutions optimise traffic flow, enhance safety and reduce congestion and carbon emissions.
  34. [34]
    AGIL Sense Smart Sensors - Singapore - ST Engineering
    We offer a suite of smart sensor solutions that are crucial in enabling IoT applications for accurate sensing, detection and automated collection of data andMissing: people movers Pacific
  35. [35]
    Taking Platform Screen Door Maintenance to the Next Level with AI
    Learn how AI-driven predictive maintenance is enhancing platform screen door reliability, reducing downtime, and improving efficiency across metro networks.
  36. [36]
    Smart Utilities and Infrastructure - Singapore - ST Engineering
    From predictive cooling for energy efficiency to AI-driven border security, learn how our solutions are empowering cities to be smarter and more sustainable.
  37. [37]
    Top 10: Smart Cities | Sustainability Magazine
    Dec 4, 2024 · ST Engineering is deeply involved in Singapore's transformation, particularly with regards to transportation. Its Smart Mobility project is ...
  38. [38]
    ST Engineering Bags Two Smart City Projects - FutureIoT
    Nov 15, 2021 · ST Engineering has secured smart city projects involving smart mobility and internet of things (IoT) in Kaohsiung City and Rio de Janeiro.
  39. [39]
    ST Engineering to Drive AI-Powered Smart City Transformation for ...
    Oct 14, 2024 · Engineering's Urban Solutions won a S$60m contract to design and operate a Smart City platform for Lusail City, Qatar, starting Q4 2024.
  40. [40]
    Companies team to accelerate smart city initiatives in Oman
    Jan 20, 2025 · Under the programme, Oman Broadband Company and ST Engineering Urban Solutions will jointly explore and collaborate on smart city initiatives to ...
  41. [41]
    How ST Engineering's AGIL Smart City OS is transforming ... - LinkedIn
    Sep 1, 2025 · How ST Engineering's AGIL Smart City OS is transforming cities like Singapore and Lusail with AI, IoT, and digital twins. View organization page ...
  42. [42]
    Defence and Public Security - Singapore - ST Engineering
    Invest and strengthen our defence capabilities to better support our customers. Digital Systems & Cyber; Land Systems; Marine; Defence Aerospace; Outlook. 2022 ...
  43. [43]
    Full article: Singapore's 'Total Defence' Strategy
    Singapore launched its Total Defence strategy in 1984. It was one of the first countries in the modern era to enact such a policy based on an expanded ...Missing: munitions shipbuilding
  44. [44]
    Terrex 8x8 Infantry Fighting Vehicle - ST Engineering
    Terrex 8x8 developed by ST Engineering provides troops with enhanced protection, mobility and optimum firepower in a single-vehicle platform. Find out more.<|separator|>
  45. [45]
    ST Engineering Eyeing Global IFV Market with New Terrex s5
    Feb 22, 2024 · ST Engineering's Terrex s5 8x8 Next-Generation Infantry Fighting Vehicle (NGIFV) is a dramatic upgrade over its predecessor, the Terrex 3.
  46. [46]
    ST Engineering, KPE to produce Terrex IFV in Kazakhstan
    Dec 7, 2024 · ST Engineering announced on December 6, 2024 that it has signed a strategic agreement with Kazakhstan Paramount Engineering (KPE) to set up a production ...
  47. [47]
    https://www.naval-technology.com/news/st-engineering-rsn-victory-mrcv/
  48. [48]
    ST Engineering to Provide Singapore Navy With Unmanned Mine ...
    May 9, 2025 · The defense tech manufacturer announced Wednesday that the package will include unmanned surface vessels, autonomous underwater vehicles, a ...<|separator|>
  49. [49]
    Saab and ST Engineering team up to offer LMV to Estonia
    Sep 29, 2025 · Saab of Sweden and ST Engineering from Singapore are once again teaming up to offer a variant of the Littoral Mission Vessel (LMV) for the ...
  50. [50]
    Public Security - ST Engineering
    Our solutions cover critical infrastructure, intelligence operations, homeland security applications and maritime systems that help agencies stay ahead of ...Missing: segment | Show results with:segment
  51. [51]
    Surveillance Systems - ST Engineering
    We offer tracking, detection and surveillance solutions, sensors, systems and unmanned platforms to providing situational awareness across land and sea.Missing: terrorism | Show results with:terrorism
  52. [52]
    ST Engineering secures contracts worth $4.7 billion in second ...
    Jul 23, 2025 · Defence & Public Security won about $1.5b worth of new contracts across its Digital Systems, Cyber, Land Systems, Marine and Defence Aerospace ...
  53. [53]
    Defence Platform Electronics | ST Engineering
    We seamlessly integrate advanced connectivity, computing and sensors into a robust, secure and scalable system designed to empower a range of defence platforms.Missing: Singapore total
  54. [54]
    ST Engineering (S63.SI) - Revenue - Companies Market Cap
    Revenue history for ST Engineering from 2009 to 2019. 2010 2013 2016 $4B $4.5B $5B $5.5B $6B companiesmarketcap.com. Annual revenue. Year, Revenue, Change ...Missing: 1990s | Show results with:1990s
  55. [55]
    [PDF] ST Engineering Annual Report 2023.pdf - Singapore
    Feb 29, 2024 · ST Engineering is a global technology, defence and engineering group with a diverse portfolio of businesses across the aerospace, smart city, ...
  56. [56]
    Singapore Technologies Engineering Past Earnings Performance
    Discover the latest data for Singapore Technologies Engineering financials. From earnings and revenue ... Revenue growth rate, 10.57%. Return on equity, 26.15%.
  57. [57]
    ST Engineering: Poised for Growth with Defense and MRO Tailwinds
    Oct 3, 2024 · ST Engineering is well-positioned for growth, driven by strong defense and MRO tailwinds. The company is expected to benefit from new contracts ...Missing: defence | Show results with:defence<|control11|><|separator|>
  58. [58]
    Defense and MRO Sectors to Propel ST Engineering's Growth
    Oct 4, 2024 · With 40% of its debt in floating rates, ST Engineering is poised to benefit from quicker-than-expected Fed rate cuts.Missing: factors appreciation
  59. [59]
    Structural change in global defence spending unlikely to wane: ST ...
    Aug 21, 2025 · He writes: “While ST Engineering has visible earnings growth and good execution, stretched valuation and looming tariff-related uncertainty ...Missing: affecting appreciation
  60. [60]
    ST Engineering Positioned for Strong Growth Amid Global Defence ...
    Oct 2, 2024 · Defence order margins are projected to remain elevated at approximately 13% for FY24-26, supported by rising sales of high-margin products such ...
  61. [61]
    [PDF] ANNUAL REPORT - Singapore - ST Engineering
    Feb 28, 2025 · ST Engineering is a global technology, defence and engineering group with a diverse portfolio of businesses across the aerospace, smart city ...
  62. [62]
    Singapore spent $63 billion on defence during 2020-24 - APDR
    Jan 5, 2025 · Singapore's commitment to modernisation of its armed forces has driven the country to allocate an average of 3.5% of its GDP to defence.<|control11|><|separator|>
  63. [63]
    [PDF] ST Engineering Delivers Record Revenue and Net Profit in 2024 FY
    Feb 27, 2025 · ST Engineering's 2024 revenue was $11.28b, a 12% increase, with net profit at $702m, a 20% increase. EBIT reached $1.08b, and PBT was $863m.
  64. [64]
    ST Engineering Delivers Robust 1H2025 Financial Performance
    Aug 14, 2025 · Group Profit attributable to shareholders (Net Profit) rose 20% to $403m from $337m a year ago. Group revenue would have grown 8% if not for ...
  65. [65]
    ST Engineering Patents – Key Insights and Stats
    Parallelly, Singapore seems to be the main focused R&D centre and also is the origin country of ST Engineering. ST Engineering was founded in the year 1967. ST ...
  66. [66]
    Innovation | ST Engineering
    ST Engineering is a leader in innovation, with expertise in aerospace, defense, software tech, smart city solutions, and public safety and security.
  67. [67]
    [PDF] Enabling Business Impact - Singapore - ST Engineering
    Mar 18, 2025 · Positioning for growth – new tech areas. Technology & Innovation. • Sustainable composites. • Coating materials (nuclear fusion chambers).
  68. [68]
    [PDF] ST Kinetic_Terrex infantry fighting vehicles_Brochure_FA7 2020_LR
    Advance your tactical advantage with IFVs that offer superior protection, mobility and technology. TECHNICAL SPECIFICATIONS. COMMAND. VARIANTS. MEDICAL.
  69. [69]
    Bronco All Terrain Tracked Carrier - ST Engineering
    A fully amphibious armoured vehicle with exceptional on- and off-road mobility designed to traverse 82% of the world's terrain in adverse environments.Missing: assault | Show results with:assault
  70. [70]
    ExtremV - ST Engineering
    Designed for versatility and reliability, ExtremV is an amphibious, modular platform adept at multitasking, offering exceptional payload capabilities.Missing: assault | Show results with:assault
  71. [71]
    Roshel to Produce ST Engineering's ExtremV Vehicle in Canada
    Jun 10, 2025 · Roshel has signed an agreement with Singapore's ST Engineering to produce the ExtremV amphibious all-terrain vehicle in Canada.Missing: assault | Show results with:assault
  72. [72]
    ST Engineering announces 8x8 amphibious vehicle collaboration ...
    Dec 26, 2024 · Singapore's ST Engineering and Kazakhstan Paramount Engineering (KPE) have signed an agreement to build a new 8×8 amphibious armoured vehicle for the ...Missing: assault | Show results with:assault
  73. [73]
    [PDF] TRUSTED INDUSTRIAL CYBERSECURITY SOLUTION
    ST Engineering is a leading provider of trusted and innovative cybersecurity ... proprietary products such as Data Diode and Diskcrypt M10. An advanced ...<|separator|>
  74. [74]
    Global Network - Singapore - ST Engineering
    Our operations in Asia Pacific are spread across aerospace facilities in Singapore, China and Vietnam. Singapore: full range of services including airframe ...
  75. [75]
    Exclusive tour of ST Engineering Shipyard in Singapore - YouTube
    Oct 6, 2025 · ship design, shipbuilding and ship repair for both defence and ... ST ENGINEERING at IMDEX Asia 2025: Next Generation vessels, MUM-T and AI.Missing: Centre | Show results with:Centre
  76. [76]
    https://www.navalnews.com/naval-news/2025/10/video-st-engineering-launches-first-mrcv-for-singapore/
  77. [77]
    https://www.youtube.com/watch?v=jEQFVrUKmYo
  78. [78]
    ST Engineering boosts MRO capabilities in Singapore - AviTrader
    Sep 15, 2025 · ST Engineering became the first MRO provider in Asia to be designated a Premier MRO provider within CFM International's LEAP open MRO ecosystem ...Missing: ranking | Show results with:ranking
  79. [79]
    Careers | ST Engineering
    Discover exciting opportunities across our diverse portfolio of businesses spanning the aerospace, smart city, digital solutions, defence and public security ...Job Offer Scams · ST Engineering · Internship Programme · What We Do<|separator|>
  80. [80]
    ST Engineering gets S$160 mln S'pore military contract | Reuters
    Nov 10, 2010 · Singapore Technologies Engineering <STEG.SI> said on Wednesday its land systems arm has secured two four-year contracts from the Singapore ...<|separator|>
  81. [81]
    [PDF] ST Engineering Electronics Ltd - Modern Slavery Statements Register
    Nov 6, 2024 · Asia is a key market for ST Engineering Electronics' supply chains as well as its operations. 80% of ST Engineering Electronics' capital ...
  82. [82]
    Taking SME Partnerships to the Next Level | ST Engineering
    Learn about how ST Engineering takes SME partnerships to the next level through developing a robust local defence ecosystem.Missing: transfer | Show results with:transfer
  83. [83]
    [PDF] Technology Transfer In Singapore; SMEs And Publicly Funded ...
    porate Lab and the ST Engineering-NTU Corporate Laboratory. The aim of these ... (b) Technology transfer to SMEs also takes place through the.
  84. [84]
    Market insights for exporting Defence to Singapore - Go Global Toolkit
    integrate into major business supply chains, especially ST Engineering and other primes; identify a local partner to jointly sell products, develop new products ...
  85. [85]
    VT Halter Marine Awarded Contract Worth Over $2.8M for U.S. Navy ...
    (VT Halter Marine), a company of ST Engineering North America, has won a contract worth $2,899,252 by the Naval Sea Systems Command under the Common Hull ...
  86. [86]
    Halter Marine Awarded Fifth U.S. Navy Berthing Barge
    Halter Marine, a company of ST Engineering North America, has been awarded a contract option for the US Navy's fifth Auxiliary Personnel Lighter–Small (APL(S)) ...
  87. [87]
    VT Halter Marine Awarded Fourth U.S. Navy Berthing Barge
    (VT Halter Marine), a company of ST Engineering North America, was awarded a contract option for the U.S. Navy's fourth Auxiliary Personnel Lighter–Small (APL(S)) ...
  88. [88]
    ST Engineering Completes Acquisition of TransCore
    Mar 24, 2022 · ST Engineering acquired all of TransCore, making it wholly-owned. This expands ST's Smart Mobility portfolio and North American presence, and ...
  89. [89]
    ST Engineering and Spirit AeroSystems sign exclusive cooperation ...
    Apr 20, 2023 · ST Engineering and Spirit AeroSystems sign exclusive cooperation agreement to jointly target nacelle MRO market in the Middle East. Back to ...
  90. [90]
    ST Engineering Lands CFM56, Leap 1A Contracts From Mideast ...
    Feb 10, 2025 · ST Engineering has secured two engine MRO contracts from two Middle Eastern airlines. One contract is for CFM56-7B work while the other is for Leap 1A engines.
  91. [91]
    Ex-ST Marine exec fined $300000 in corruption scandal
    Jun 5, 2017 · Ong Teck Liam was the last of seven former ST Marine senior executives to be convicted in the graft scandal that broke in 2014. ST PHOTO: WONG ...
  92. [92]
    [PDF] Two ex-ST Marine execs plead guilty to bribery, making false ...
    Two former senior executives of shipbuilder ST Marine have admit- ted to giving bribes in one of the largest corruption scandals in cor- porate Singapore.
  93. [93]
    Former president of ST Marine charged, along with two ex-employees
    Dec 11, 2014 · The charges stated that Chang conspired to bribe two unnamed staff of Myanma Five Star Line between February and April 2010, with payments ...Missing: ship repair
  94. [94]
    Bribe case rocks Singapore's squeaky clean image - NUS BizBeat
    Jan 29, 2018 · ST Marine, a subsidiary of ST Engineering was embroiled in another corruption scandal ... bribes for ship-repairing contracts to accounting ...
  95. [95]
    3 ex-ST Marine senior execs charged with graft - TODAYonline
    Dec 12, 2014 · Chang was charged with three counts of corruption for giving S$273,778 in bribes, while Mok was hit with one charge for paying S$43,721 in ...
  96. [96]
    Ex-ST Marine senior exec faces 38 graft charges - TODAYonline
    Jun 10, 2015 · See was charged with seven counts under the Prevention of Corruption Act. He is accused of paying bribes ranging from S$12,960 to S$126,250 to ...
  97. [97]
    Short jail term for former ST Marine president
    Jan 6, 2017 · ... Corruption Act, for allegedly conspiring with two subordinates to offer bribes of almost Singapore $274,000 in return for ship repair contracts.Missing: scandals | Show results with:scandals
  98. [98]
    [PDF] Former ST Marine exec in graft scandal gets 6 months' jail, $80k fine
    Aug 31, 2016 · The remaining 357 charges – one count of corruption and 356 of falsi- fication of accounts – were taken in- to account in sentencing.
  99. [99]
    ST Marine was never debarred from bidding on government ...
    Mar 19, 2019 · ST Marine is still allowed to procure government contracts even after it was involved in one of Singapore's largest corporate graft scandal that broke in 2014.Missing: ship repair<|separator|>
  100. [100]
    Former ST Marine execs in corruption scandal to face 1,744 additional
    ST Engineering does not condone fraud, including corruption and bribery, and is fully committed to proactively mitigating the risk of its occurrence." ...Missing: case convictions
  101. [101]
    Singapore court charges former ST Engineering exec with bribery
    Dec 29, 2014 · A Singapore court filed bribery charges on Tuesday against a former executive at Singapore Technologies Engineering Ltd, one of Asia's largest defence and ...Missing: scandals | Show results with:scandals
  102. [102]
    ST Engineering immigrant workers Pensacola, Mobile to lose H-1B ...
    Jul 25, 2024 · Chilean aircraft mechanics at ST Engineering's Pensacola and Mobile, Alabama, offices say dozens of workers were laid off without warning after being recruited.
  103. [103]
    300 Chilean aerospace workers face losing immigration status
    Aug 20, 2024 · Hundreds of Chilean aerospace workers and their families in the Mobile area face becoming undocumented amid layoffs by ST Engineering.Missing: holders | Show results with:holders
  104. [104]
    Chilean employees at ST Engineering in Pensacola claim they were ...
    Jul 23, 2024 · At least 50 Chilean ST Engineering employees in Pensacola on work visas say they have been terminated from the company with little explanation.Missing: practices disputes
  105. [105]
    Dozens of Chilean workers at ST Engineering seek answers after ...
    Jul 25, 2024 · The workers said some people began to be terminated instead of suspended after some talked to investigators with the U.S. Department of Labor.
  106. [106]
    Pensacola demands answers from ST Engineering on hiring practices
    Aug 8, 2024 · Pensacola Mayor DC Reeves has called on ST Engineering officials to report on their hiring and training plan after 300 Chilean workers were laid off.Missing: disputes | Show results with:disputes
  107. [107]
    ST Engineering layoffs spur citizens to action. What they want ...
    Aug 2, 2024 · Chilean aircraft mechanics at ST Engineering's Pensacola and Mobile, Alabama, offices say dozens of workers were laid off without warning after ...Missing: holders facilities
  108. [108]
    ST Engineering denies Chilean workers' layoffs in Pensacola, cites ...
    Sep 17, 2024 · -- For months, Chilean workers at ST Engineering say they uprooted their families and moved to Pensacola, only to be fired from their jobs after ...Missing: practices disputes
  109. [109]
    USA: Chilean workers allegedly laid off without warning ...
    Chilean aircraft mechanics at ST Engineering's Pensacola and Mobile, Alabama, offices say dozens of workers were laid off without warning after being recruited.Missing: H- 1B holders facilities
  110. [110]
    [PDF] ST Engineering Sustainability People Excellence Commitment We ...
    We are committed to fair employment practices and comply with all national and local labour laws and regulations where we operate. We offer merit-based ...Missing: labor disputes
  111. [111]
    Military Vehicles & Land Defence Systems - ST Engineering
    Proven and battlefield-tested, the all-terrain armoured vehicle is fully amphibious with excellent armoured protection and customisable variants to match a wide ...Missing: assault | Show results with:assault
  112. [112]
    Weapons and Ammunition - Singapore - ST Engineering
    Our large calibre weaponry includes advanced mortar systems such as the low-recoil 120mm Super Rapid Advanced Mortar System (SRAMS), and the Howitzer series ...
  113. [113]
    Critical factors influencing the development of Singapore's defense ...
    Jun 15, 2022 · This study describes the most important factors influencing the DI's development and shows the status of Singapore's DI.Missing: munitions | Show results with:munitions
  114. [114]
    ST Engineering Secures Ammunition Contracts in Europe
    Jun 17, 2024 · This compliance ensures interoperability and reliability, critical factors for NATO forces. The ammunition system is capable of engaging targets ...
  115. [115]
    Singapore's Arms sale to UK: A Defence Export Breakthrough - RSIS
    Jan 2, 2009 · Secondly, the Viking is battle-proven in a hostile military environment, demonstrating 88 percent reliability in theatre. ST Engineering ...
  116. [116]
    Singapore's ST Engineering seeks to boost defense exports
    Feb 26, 2024 · Singapore's home defense prime, ST Engineering, largely owns its local market. Now it's aiming to expand its reach and become a major arms exporter.Missing: vessels | Show results with:vessels
  117. [117]
    Share Information | ST Engineering
    It is also a component stock of the MSCI Singapore, FTSE Straits Times Index and Dow Jones Best-in-Class Asia Pacific Index. Stock Charts. Created with ...
  118. [118]
    Singapore Technologies Engineering Full Year 2024 Earnings: EPS ...
    Mar 1, 2025 · Singapore Technologies Engineering (SGX:S63) Full Year 2024 Results. Key Financial Results. Revenue: S$11.3b (up 12% from FY 2023).
  119. [119]
    [PDF] Sustainability Report 2024 - Singapore - ST Engineering
    Mar 10, 2025 · ON R&D. OUR GOALS. • Maintain our R&D budget of up to 5% of our annual revenue to support business growth. • Position ourselves for future ...Missing: expenditure | Show results with:expenditure
  120. [120]
    [PDF] Robust Returns - ST Engineering
    Mar 18, 2025 · The Company is targeting further growth in revenue, operating cash flow and net profit with an objective to improve total shareholders' return.Missing: organic 2020s