ST Aerospace lands $780m of new orders
They include its first deal to convert 5 Boeing 757-200SF for cargo use
ST Aerospace, an arm of ST Engineering, landed new orders totalling $780 million in the fourth quarter of 2013.
This includes its first contract for the conversion of five Boeing 757-200SF for cargo use as well as a six-year contract with an existing Asian customer for the depot maintenance of its fleet of aircraft.
Separately, it received a cabin interior modification contract for 20 Boeing 767-300 aircraft, with the first plane inducted early this month and re-delivery slated for end-Q1 2014. Meanwhile, under VIP cabin reconfiguration, a US affiliate won its first green aircraft completion contract from a Europe-based Boeing business jet customer.
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