Thursday, October 17, 2013

ST Aerospace logs 3Q orders

Singapore Technologies Engineering said its aerospace arm secured new contracts totaling $600 million in the third quarter of 2013. The contracts range from airframe, component and engine-maintenance contracts to freighter conversions and cabin retrofits for commercial airlines. ST Aerospace Mobile employs about 1,500 at Brookley Aeroplex in Mobile, Ala., where it maintains and overhauls large aircraft. (Source: al.com, 10/16/13)