- While ST Engineering's share price is up 13% year-to-date (after +81% in 2025), value remains – it still trades at a discount to global defence peers.
- - Read this at SGinvestors.io -
Record 2025 wins.
- ST Engineering (SGX:S63) booked S$4.7bn (+12% y-o-y) of new contracts in 4Q25, led by DPS at S$2.5bn (+47% y-o-y), alongside Commercial Aerospace (CA) at S$1.7bn (-6% y-o-y) and Urban Solutions & Satcom (USS) at S$0.5bn (-29% y-o-y). This lifted 2025 total awards to a record S$18.7bn (+49% y-o-y), strengthening revenue visibility for 2026- 2028 and beyond.
- - Read this at SGinvestors.io -
- multi-year airline MRO (including a 5-year nacelle support agreement for LOT Polish Airlines’ B787 fleet and additional European wins) and resilient aerostructures demand in CA,
- continued momentum in mobility and transport infrastructure (Changi T2 Skytrain rail electronics, 250 e-buses for the Land Transport Authority,
- access management for both stations of the Johor Bahru-Singapore Rapid Transit System), and
- US tolling-related projects.
Defence & Public Security win momentum is robust; international defence a growth lever.
- Read more at SGinvestors.io.
