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ST Engineering's full-year contracts jump 49% to record $18.7 billion
The Straits Times
|January 29, 2026
ST Engineering's total contract awards for 2025 reached a record $18.7 billion, exceeding the $12.6 billion total in 2024 by 49 per cent, the group announced on Jan 28.
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The full-year tally was lifted by about $4.7 billion in new contracts secured during the fourth quarter.
The contract wins were distributed across the group’s three main business clusters.
The defence and public security segment accounted for the largest share of the quarterly wins at $2.5 billion.
• Land systems: The division was awarded a contract by Singapore's Ministry of Defence to produce next-generation infantry fighting vehicles. It also received international orders for 40mm and 120mm ammunition.
Cette histoire est tirée de l'édition January 29, 2026 de The Straits Times.
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