Tuesday, November 9, 2010
ST Eng
ST Eng: Aerospace arm, ST Aerospace secured S$370m worth of new airframe heavy maintenance contracts in 3Q10. The MRO contracts will range from 3 to 12 months. This is approx 6% of est 2010 revenue, and will likely contribute to 2011 earnings. Results for ST Eng will be out aft mkt close on 9 Nov. today.
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