ST Engineering revenue rockets to $2b in Q1

Commercial aerospace, urban solutions, and defence segments had growth.

ST Engineering recorded a revenue increase of 13% to $2b in the first quarter (Q1) of 2022 from $1.8b in Q1 2021, following reported revenue growth in all its segments.

Under commercial aerospace, revenue went up by 22% to $674m in Q1 2022 from $552m in Q1 2021 due to the gradual reopening of borders and healthy orders for nacelles, amongst others.

For ST Engineering’s urban solutions and satellite communications, revenue grew by 12% from $264m in Q1 2021 to $297m in Q1 2022, mainly on the back of higher smart city project deliveries.

As for defence & public security revenue, it rose by 9% from $976m in Q1 2021 to $1.062b in the same period this year as the company posted strong growth from digital systems and cyber business.

It also managed to secure a total of $2.4b new contracts as well as a robust order book of $21.3b during this period.

Follow the link for more news on

ST Engineering

ST Engineering revenue

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia