ST Engineering’s aerospace arm clinched $450m worth of contracts in Q3
From both new and repeat customers.
ST Engineering today revealed that its aerospace arm has sealed new contracts worth $450m in the third quarter of 2014.
Included in these contracts is a steady stream of heavy checks and interior modification projects for narrow and wide-body aircraft belonging to international airline customers.
During the quarter, ST Aerospace redelivered a total of 248 aircraft for airframe maintenance and modification work. In addition to airframe redeliveries, a total of 10,921 components, 45 landing gears and 34 engines were processed, while 2,152 engine washes were conducted for both commercial and military customers.