Tuesday, April 23, 2019

ST Engineering inks deal

Singapore Technologies Engineering (ST Engineering) secured around $959 million in new contracts in the aerospace sector, for the first quarter of the year that ended 31 March. The Singapore group says that among the new contracts is a 10-year service agreement with a long-time, unidentified North American operator, to provide heavy maintenance checks for its fleet of Airbus A300s and Boeing 757s. The contract will cover over 160 widebody and narrowbody aircraft, to be serviced at its maintenance, repair and overhaul (MRO) facilities in San Antonio, Texas, and Pensacola, Fla., starting in 2020. (Sources: Flightglobal, WEAR-TV, 04/23/19, AviationPros, ST Engineering, 04/22/19) ST Engineering has one MRO hangar in Pensacola and plans are to build three more. ST Engineering also has MRO operations in Mobile, Ala.