ST Aerospace clinches projects worth $600m in Q3

SINGAPORE Technologies Aerospace, an arm of Singapore Technologies Engineering, clinched $600 million worth of new orders in the third quarter, with projects including freighter conversions, cabin retrofitting as well as airframe, component and engine maintenance.

In a press release issued yesterday, the group said that one of the contracts secured in Q3 was an order of 17 passenger-to-freighter (PTF) conversions for an international air cargo carrier. This takes the total number of aircraft under ST Aerospace's Boeing 757-…