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ST Engineering's electronics arm wins S$585m in contracts in Q3

SINGAPORE Technologies (ST) Electronics, the electronics arm of ST Engineering, has clinched about S$585 million worth of contracts in the third quarter of 2017.

These contracts are for rail electronics and intelligent transportation, satellite and broadband communications, as well as advanced electronics and information communications technologies (ICT) solutions, the company said on Tuesday.

Rail electronics and intelligent transportation contracts of about S$125 million were secured from local and overseas customers, including the supply of the communications and platform screen door systems for Bangkok's MRT Blue Line and Blue Line Extension, and the passenger information systems for Wuhan Metro Line 11.

Contracts amounting to S$101 million were awarded by government, telecom and enterprise users worldwide for the supply of broadband network, satellite network equipment and earth stations.

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About S$359 million worth of advanced electronics and ICT contracts were secured from customers in both the public and private sectors. These included integrated security management systems, tactical vehicles with communications systems, operations, as well as maintenance and engineering services.