ST Engg's aerospace arm bags Q2 deals worth $520m
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ST AEROSPACE, the aerospace arm of Singapore Technologies Engineering (ST Engineering), won new contracts worth $520 million in the second quarter of this year.
These contracts include a five-year agreement with a regional US airline for the heavy maintenance of 42 Embraer E-170 and E-175 aircraft at the aerospace sector's San Antonio facility, the group said yesterday.
The deal came shortly after ST Aerospace won a two-year agreement in Q1 2014 for the heavy maintenance of 20 Embraer E-190 aircraft.
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