0552 GMT - ST Engineering is likely to see stronger contract win momentum in 2H, says UOB Kay Hian's Roy Chen in a note. The company is likely to benefit from secular demand growth across its business segments, he says. The Singapore defense engineering company is guiding for total contract wins to be at least as robust as 2025's 18.7 billion Singapore dollar figure. This implies contract wins of S$11 billion or more in 2H, or an average win per quarter of over S$5.5 billion. This would be stronger than its quarterly contract wins between 4Q 2024 and 1Q this year, he adds. The brokerage maintains its buy rating and S$11.75 target price. Shares are flat at S$11.13.