ST Engineering 3Q report

Singapore Technologies Engineering said Tuesday that third quarter profit rose 3 percent, though earnings in the key aerospace division fell. The company owns ST Mobile Aerospace Engineering, whose 1,600 employees at Mobile's Brookley Field Industrial Complex repair and modify jetliners, snf VT Halter Marine, whose 1,700 employees in Mississippi's Pascagoula, Moss Point and Escatawpa build and repair ships. (Source: Mobile Press-Register, 11/05/08)