Singapore Technologies Engineering Ltd Overview
Pro stress-test →ST Engineering is a Singapore-based multinational technology, defence and engineering group with a diverse portfolio of businesses across the aerospace, smart city, defence and public security segments. The Company serves across Asia, Europe, the Middle East and the United States with customers in more than 100 countries.
Strategic Profile
Pro stress-test →In 2024, ST Engineering's revenue was 11.28 billion, an increase of 11.63% compared to the previous year's 10.10 billion, with earnings increasing 19.74%. The company reported a strong financial performance for 2024, with significant growth across key financial metrics, a record order book, and increased dividends.
Competitive Landscape
Pro stress-test →ST Engineering operates through three main segments: Commercial Aerospace (airframe/engine MRO, OEM nacelles, conversions), Urban Solutions & Satcom (smart mobility/infrastructure), and Defence & Public Security (defense systems, critical infrastructure solutions). Key competitors include Rolls-Royce (MRO), Raytheon Technologies, Lockheed Martin, and emerging space operators like SpaceX.
Industry Context
Singapore Technologies Engineering Ltd operates in Aerospace, Defense & Technology Services.
Key facts
Founded: 1967 · Headquarters: Singapore, Singapore · Employees: 27,359 · Revenue: $8.4B (SGD 11.28B) · Market cap: $26.2B