ST Engineering bags new contracts worth S$2.9 billion in Q2 2026
Its digital systems business wins counter-drone and video intelligence contracts
ST Engineering announced on August 7, 2026 that it secured S$2.9 billion in new contracts during the second quarter of 2026. These contracts were spread across commercial aerospace, defence and public security, urban solutions and satellite communications segments. The commercial aerospace segment alone secured S$1.2 billion, with orders for maintenance, repair and overhaul services on widebody aircraft and engine services, along with component services.
The defence and public security segment secured several contracts, including a counter-drone solution for air defense in an Asian country, video intelligence solutions for public safety in Singapore, and various contracts for cyber and land systems businesses. The urban solutions business secured a follow-on contract for rail electronics solutions for Singapore's Thomson-East Coast Line extension, and an intelligent transport system for Riyadh's Second Southern Ring Road. The group ended June with a strong order book of S$35.7 billion.
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