Singapore Technologies Engineering Ltd

S63: XSES (SGP)

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ST Engineering: March-Quarter Revenue Largely on Track to Our Full-Year Forecasts

Lorraine Tan

May 18, 2026

ST Engineering's first-quarter revenue of SGD 3.26 billion is up 11.5% year on year. On a segment basis, growth was led by commercial aerospace, which grew 14.6%, and a 17.7% rebound in urban solutions and satellite communications. The defense segment lagged at 6.7%.

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How we make money

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

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Verify your identity, personalize the content you receive, or create and administer your account.
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Develop and improve features of our offerings.
Gear advertisements and other marketing efforts towards your interests.

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Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.

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Singapore Technologies Engineering Ltd

ST Engineering: March-Quarter Revenue Largely on Track to Our Full-Year Forecasts

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