The Business Times
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Corporate digest

Published Mon, Oct 29, 2018 · 09:50 PM

ST Engineering

SINGAPORE Technologies Engineering (ST Engineering) will invest US$35 million in a new aircraft maintenance, repair and overhaul (MRO) complex in Pensacola, Florida, in a deal announced on Monday.

The US$210 million project at Pensacola International Airport is near another ST Engineering MRO facility that opened in June, and will be incorporated into an aerospace campus.It is not expected to have any material impact on the group's consolidated net tangible assets and earnings per share for the financial year.

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