Singapore Technologies 2Q report

Singapore Technologies Engineering reported its profit fell 9 percent for the second quarter of 2009 to $75.91 million from the second quarter 2008. It is the parent company of ST Mobile Aerospace Engineering, which has 1,200 workers at Brookley Field Industrial Complex in Mobile, Ala., and VT Halter Marine, which has 1,500 employees at shipyards in Pascagoula, Moss Point and Escatawpa, Miss. (Source: Mobile Press-Register, 08/05/09)