World Library  
Flag as Inappropriate
Email this Article

ST Engineering

Article Id: WHEBN0005410789
Reproduction Date:

Title: ST Engineering  
Author: World Heritage Encyclopedia
Language: English
Subject: ST Aerospace, Victory-class corvette, Lim Neo Chian, Economy of Singapore, ST Engineering
Collection:
Publisher: World Heritage Encyclopedia
Publication
Date:
 

ST Engineering

Singapore Technologies Engineering
Type Public
Traded as SGX: S63
Industry Aerospace, Defense
Founded 1967 (as Charted Industries of Singapore)
Headquarters Singapore
Key people Seah Lim Huat
(Chairman)
Tan Pheng Hock
(President, Executive Director, CEO)
Products Civil and military aerospace
Defence electronics
Naval and commercial shipbuilding
Land warfare systems
Munitions
Revenue Increase$5.548 Billion SGD (2009)
Operating income Increase$0.547 Billion SGD (2009)
Net income Increase$0.444 Billion SGD (2009)
Total assets $6.89 Billion SGD (2009)
Owners Temasek Holdings(94.4995%)
Employees 21,508 (2011)
Divisions VT Systems
Subsidiaries ST Kinetics
ST Aerospace
ST Marine
ST Electronics
Website www.stengg.com

ST Engineering Ltd (Singapore Technologies Engineering) is an integrated engineering group in the aerospace, electronics, military contracting and marine sectors. Headquartered in Singapore, the group reported revenues of $5.05b in FY2007. With a market capitalisation of about $10b, it ranks among the largest companies listed on the Singapore Exchange. ST Engineering has more than 18,000 employees worldwide, and over 100 subsidiaries and associated companies in 21 countries and 35 cities.[1]

Overview

Its United States headquarters is VT Systems, formerly known as Vision Technologies Systems (VTS), set up in 2001 in Virginia, near Washington, D.C. VTS oversees subsidiaries and affiliates throughout the continental US and in Canada.

China is also an important market for the Singapore Technologies Engineering group, where it has presence in the aerospace, electronics and land systems sectors and plans to further expand its businesses there, including the marine sector. The group's key operations in China comprise an aircraft MRO facility in Shanghai; an IT software development in Shenzhen and R&D centre in Shanghai; automotive maintenance centres in Guangzhou and Hangzhou; and factories in Beijing and Guiyang to produce specialty vehicles for the construction and mining industries. The group also has representative offices in Beijing, Hong Kong, Guangzhou, Shanghai, Shenzhen and Chengdu. The group also has representative offices in India and Kazakhstan.

ST Engineering was one of the sponsors of the 2006 Shangri-La Dialogue.

In Mar 2007, ST Engineering has been ranked 19th in the aerospace & defence industry and 1661th of 2,000 of the world's largest public companies by Forbes.[2]

As of March 3, 2014, Capital Group Companies has a 5.5166% shares in ST Engineering.[3]

Manufacture of anti-personnel mines

Originally set up as a weapons supplier for the Singapore Armed Forces, ST Engineering is one of the few companies in the world that still manufactures anti-personnel land mines[4] and has been excluded from the Norway State Pension Fund, the New Zealand Superannuation Fund, and the Netherlands' ABP for the "production of weapons that through their normal use may violate fundamental humanitarian principles".[5]

See also

References

  1. ^ "Press Release". ST Engineering. 2008. Retrieved 2008-04-27. 
  2. ^ "The World's 2,000 Largest Public Companies".  
  3. ^ http://www.stengg.com/investor-relations/shareholding-statistics
  4. ^ [1]
  5. ^ http://www.the-monitor.org/publications/display?url=lm/2007/singapore.html

External links

  • Official site


This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 



Copyright © World Library Foundation. All rights reserved. eBooks from World eBook Library are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.