Singapore Technologies Engineering Ltd (ST Engineering) on Nov, 12 2025 said group revenue for the first nine months of 2025 climbed 9% year-on-year to 9.1 billion Singapore dollars, supported by growth across Commercial Aerospace, Defence & Public Security and Urban Solutions & Satcom.

Commercial Aerospace revenue increased 11% on stronger engine maintenance, repair and overhaul (MRO) and nacelle activities, partly offset by lower passenger-to-freighter work. Defence & Public Security posted a 9% gain, while Urban Solutions & Satcom rose 5%.

For the third quarter alone, revenue grew 13% year-on-year to 3.1 billion Singapore dollars, with Commercial Aerospace up 22%, Defence & Public Security up 5% and Urban Solutions & Satcom up 15%.

New contract wins totalled 14.0 billion Singapore dollars in the nine-month period, including 4.9 billion Singapore dollars in the third quarter, taking the order book to a record 32.6 billion Singapore dollars as at end-Sep 2025. About 2.8 billion Singapore dollars of this backlog is scheduled for delivery in the remainder of the year.

Year-to-date divestments of subsidiary LeeBoy and stakes in CityCab and SPTel generated 594 million Singapore dollars in cash and 258 million Singapore dollars in post-tax gains.

The board declared a 4.0-cent interim dividend for 3Q2025, payable on Dec, 5 2025, and will seek shareholder approval at the 2026 AGM for a 6.0-cent final dividend and a 5.0-cent special dividend. If approved, total payout for FY2025 will be 23.0 cents per share.

Chief Executive Vincent Chong said the company’s strong revenue growth and record order book reflect the resilience of its business strategy, adding that proceeds from recent divestments strengthen its capacity to reinvest for future growth or reduce debt.