ST Engineering to acquire MRA Systems from GE for $630M

Singapore Technologies Engineering agreed to purchase aircraft part manufacturer MRA Systems from General Electric for $630 million. The deal will allow ST Engineering to move into manufacturing and spare parts for engine nacelles.

“Singapore Technologies Engineering Ltd on Thursday said it had agreed to purchase aircraft part manufacturer MRA Systems from General Electric Co for $630 million.”reuters.com

• 2 sources
• reuters.comSingapore's ST Engineering to buy aircraft part maker from GE for $630 millionSep 13, 2018
• designdevelopmenttoday.comSingapore Engineering Giant to Acquire Aerospace Manufacturer from GE | Design and Development TodayAndy SzalSep 14, 2018

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