ST Engineering Secures Contracts Worth Nearly SG$5 Billion in Q3

MT Newswires
10/24

ST Engineering (SGX:S63) secured contracts worth SG$4.9 billion during the third quarter of the year, according to a Thursday filing with the Singapore Exchange.

Shares of the company were up over 1% in Friday trading.

The contracts comprised SG$1.4 billion from the commercial aerospace segment, SG$2.4 billion from defense & public security and SG$1.1 billion from urban solutions & sitcom.

Total contracts secured for the nine months ended Sept. 30 stand at around SG$14 billion.

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