ST Engineering bags new contracts worth S$4.9 billion in Q3 2025
For the nine months ended Sep 30, the company’s total contract wins amount to S$14 billion
[SINGAPORE] ST Engineering on Thursday (Oct 23) announced that it secured S$4.9 billion in new contracts in the third quarter of 2025.
The sum comprises S$1.4 billion from the commercial aerospace segment, S$2.4 billion from the defence and public security arm, and S$1.1 billion from the urban solutions and satcom segment.
For the nine months ended Sep 30, ST Engineering’s total contract wins amounted to S$14 billion.
The commercial aerospace segment clinched several new contracts across its maintenance, repair and overhaul (MRO) as well as its aerostructures and systems sub-units.
The MRO contracts include a multi-year agreement for Airbus A380 airframe heavy maintenance and cabin modification with a European airline.
On the aerostructures and systems front, the demand for engine nacelles and composite floor panels remained robust, supported by increased new aircraft production, while the freighter conversion business received an A330 passenger-to-freighter order.
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Separately, the defence and public security segment won new orders across its business lines.
For instance, the digital systems and cyber business was awarded contracts to design and produce Earth observation satellite systems for an international customer, as well as to provide artificial intelligence-powered 5G solutions for local and international enterprise customers.
Other contracts secured included those related to next-generation broadband communications systems, as well as commercial satellite imagery and analytics services.
The land systems business secured its first 155 mm ammunition orders from customers in South America, in addition to new orders from Eastern Europe, and repeat orders for 40 mm ammunition from international clients.
The marine segment won a contract with Siemens Energy to build and deliver a barge-mounted power plant in the Dominican Republic.
ST Engineering’s urban solutions business landed contracts to provide rail electronics solutions for the Thomson-East Coast Line extension and long-term service support for its rail sub-systems on the Jurong Region Line, among others.
Its smart utilities and infrastructure business was contracted to deploy its Doctor-on-Call healthcare tech solution for hospitals in Hong Kong, and to deliver its integrated smart security management solution to customers in Singapore, including a tertiary institution.
The satcom business received ground segment infrastructure contracts from satellite service providers in Asia, Europe, the Middle East and the US, among other entities.
ST Engineering does not expect the contracts to have a material impact on the group’s consolidated net tangible assets per share and earnings per share for the current financial year.
Shares of the company ended 0.5 per cent or S$0.04 higher at S$8.48, before the announcement.
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