ST Engineering’s aerospace arm secures $415m worth of new contracts in 4Q2015

Singapore Technologies Engineering (ST Engineering) has announced that its aerospace arm has secured new contracts worth $415m in the fourth quarter (4Q) of 2015, for projects ranging from airframe maintenance and cabin interiors reconfiguration, to engine wash and landing gear overhaul. The total contract value includes the recently announced cabin reconfiguration contract awarded by Air Canada, the landing gear maintenance contract from Scandinavian Airlines and the heavy maintenance contract for Virgin Galactic’s 747-400. Included in the 4Q2015 contracts are line and heavy airframe maintenance agreements for various customers, supporting aircraft types such as Airbus 300, A320, Boeing 747-400, 757, 767,