ST Electronics Secures S$416m Of Rail Electronics, Communications & Satellite Communications Contracts In 3Q2013
9 October 2013
Singapore Technologies Engineering Ltd announced that its electronics arm, Singapore Technologies Electronics Limited (ST Electronics) has secured about S$416m worth of contracts for rail electronics, satellite communications (satcoms) and communications projects in the third quarter of 2013.
ST Electronics further strengthened its position as a leader in providing advanced electronics and Information Communications Technologies (ICT) and integrated rail electronics solutions in 3Q2013. This was evidenced by contracts of about S$238m awarded in the quarter for communications and electronics systems, advanced Information Technologies (IT) and rail electronics solutions.
In the area of satcoms products and broadband communications solutions, ST Electronics secured contracts worth about $178m. In 3Q2013, its range of Agilis compact Ka-band VSAT transceivers was certified to be used with the latest generation of Inmarsat Global Xpress High Throughput Satellites intended for government, enterprises, oil and gas and maritime users worldwide.
"Our advanced
ICT and satcom
systems
continued to
enjoy strong
support from a
growing customer
base in
recognition of
their
reliability and
cost-effectiveness.
As a leading
provider in
advanced
electronics and
ICT systems, we
develop
solutions that
improve our
customers’
abilities to
cope with the
increasing
demands of
today’s business
environment. We
also enlarged
our rail
electronics
footprint
globally, making
headway into
North and South
America." LEE
Fook Sun,
President, ST
Electronics