ST Engineering's aerospace arm secures $510 mil in contracts for 4Q17

SINGAPORE (Jan 17): ST Engineering says its aerospace arm, ST Aerospace, has secured new contracts worth about $510 million in 4Q17, which brings the total to $2.8 billion for FY17.

The contracts are for ST Aerospace’s services that range from maintenance and landing gears repair to pilot training.

The airframe maintenance contracts include multi-year agreements to provide A- and C-checks for Boeing aircraft including the 777 and 747, as well as support for other platforms including the MD-11 and A320.

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