Singapore Technologies Engineering (ST Engineering) announced that its aerospace arm, Singapore Technologies Aerospace (ST Aerospace), secured new contracts worth about $840 million in the fourth quarter (4Q) of 2016 for services ranging from the line and airframe maintenance to component repair and overhaul.
ST Aerospace signed an agreement with Alaska Airlines to exclusively provide maintenance, repair and overhaul (MRO) maintenance support for the airline’s CFM56-7B engines that power its fleet of Boeing 737-700 and 737-900 aircraft. The five-year agreement is expected to cover more than 60 planned maintenance commitments and commences immediately. The aerospace sector redelivered a total of 880 aircraft for airframe maintenance and modification work in 4Q2016. Additionally, a total of 10,639 components, 42 landing gears and 33 engines were processed, while 2,388 engine washes were conducted. As for new capabilities, ST Aerospace made further progress in developing its aircraft seats business when it received Singapore Technical Standards Order certification, a performance standard issued for specified materials, parts, processes, and appliances used on civil aircraft, from the Civil Aviation Authority of Singapore for its in-house aircraft seats design.
Singapore Technologies Engineering has a one-year extension contract worth US$2.6m (approximately S$3.7m) for a commercial airline, “the largest commercial contract that ST Aerospace has clinched for its engine wash business”.