ST Engineering secured approximately 1.2 billion Singaporean dollars in new Commercial Aerospace orders during the second quarter of 2026, with Maintenance, Repair and Overhaul (MRO) contracts covering airframe, engine, cabin and component services accounting for a significant portion of the business.
The Singapore-based engineering group secured airframe services and cabin interior upgrade work for Airbus A330 and A350 and Boeing 787 widebody aircraft operated by airlines in North America and Asia-Pacific.
The company also won engine maintenance contracts covering CFM56 and LEAP engines from customers in Asia-Pacific and Europe, as well as Boeing 787 component services for a European customer.
As airlines continue to maintain and expand their widebody fleets, this supports demand for airframe maintenance, engine services, cabin upgrades, and component support.
ST Engineering’s Aerostructures & Systems business also secured orders for engine nacelles and composite floor panels, with demand supported by ongoing aircraft production programmes at major OEMs.
Across the wider group, ST Engineering recorded 2.9 billion Singaporean dollars in new contract wins during the quarter. Defence & Public Security contributed about 1.2 billion Singaporean dollars, while Urban Solutions & Satcom secured approximately 0.5 billion Singaporean dollars.
The group also added a US$1.3 billion (approximately S$1.7 billion) New Jersey Turnpike Authority E-ZPass Services contract to its order book during the quarter. The contract was awarded to ST Engineering’s TransCore business in September 2024. Still, it had previously been excluded from the order book while a legal appeal by the incumbent service provider was pending.
ST Engineering’s order book stood at 35.7 billion Singaporean dollars at the end of June 2026, supported by new contract wins and the addition of the E-ZPass programme.
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The E-ZPass contract also carries options for two additional one-year extensions valued at US$0.4 billion (approximately S$0.5 billion). These options have not been included in the current order book.
For its aerospace business, the Q2 order intake highlights continued demand across the commercial aviation aftermarket, particularly for widebody airframe maintenance, engine services and aircraft cabin upgrades.
