ST Engineering’s Aerospace arm secures contracts worth US$410m in the third quarter

Singapore Technologies Engineering (ST Engineering) reported that its aerospace arm has secured new contracts worth US$410m in the third quarter (3Q) of 2015, for projects ranging from airframe and component maintenance, to engine wash and pilot training. New contracts included in the 3Q2015 contracts are heavy airframe maintenance agreements for various Boeing 777-300 and Airbus A319/A321 aircraft belonging to a US airline, as well as cabin interior modification for another US carrier’s fleet of A319s. For component support, ST Aerospace secured its first landing gear input from a Chinese airline customer, and an engine component repair contract from a major East Asian airline. It also secured several Boeing 737NG landing gear overhaul and exchange contracts for airline operators in East Asia and Oceania, as well as Super Puma transmission components repair contracts from helicopter operators in the region. Additionally, the aerospace sector received a contract extension for the component Maintenance-By-the-Hour support of a fleet of Q400 over six years, for an airline based in the EMEA region. Separately, its Hondo-based facility was awarded an aircraft part-out contract for two 757-200 aircraft. In terms of engine support, multiple contracts have been sealed with customers in Asia Pacific and the US for EcoPower engine wash services. On pilot training, ST Aerospace’s pilot training academy signed a two-year training agreement with an Asian airline for dry and wet simulator training solutions for its pilots. The aerospace sector redelivered a total of 349 aircraft for airframe maintenance and modification work in 3Q2015. In addition to airframe redeliveries, a total of 11,618 components, 41 landing gears and 45 engines were processed, while 1,335 engine washes were conducted for both commercial and military customers.