The Business Times
business-time-50
SUBSCRIBERS

ST Engineering nabs US Coast Guard shipbuilding job worth up to US$1.94b

google-preferred-sourceAdd BT as a preferred source

Ng Ren Jye

Published Wed, Apr 24, 2019 · 09:50 PM

    Singapore

    ST Engineering announced on Wednesday that its US shipbuilding business, VT Halter Marine, had won a US$745.9 million contract from the US Navy to design and build a heavy polar icebreaker for the US Coast Guard.

    The contract includes options for two additional ships which, if exercised, would bring its total value to US$1.94 billion.

    ST Engineering

    TRENDING NOW

    Singapore Kitchen Equipment was founded by husband-and-wife duo Sally Chua (left) and Alan Lee.

    Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now

    A residence in Vicolo delle Orsoline, Rome, Italy.

    How the ultra-rich buy property

    Third-gen owner Edmond Wong is not concerned about “vanity” metrics, and instead aims to “sustain a good business”.

    Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage

    Jardine Matheson's restaurant unit has reportedly been seeking to sell its KFC and Pizza Hut chains in Asian markets.

    Jardines has survived wars and market collapses. Can it survive the digital age?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More