# 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.

- Type: Acquisition
- Announced: 2018-09-13
- Where: near Baltimore, Maryland, USA, United States
- Value: $630.0M
- Jobs: 800
- Status: announced
- Products: engine nacelles
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [General Electric](https://endata.com/companies/1262.md) (partner)
- [Singapore Technologies Engineering Ltd](https://endata.com/companies/17403.md) (acquirer)
- [MRA Systems](https://endata.com/companies/34293.md) (target)
- [Middle River Aircraft Systems](https://endata.com/companies/34296.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/article/us-ge-assets-st-engineering/singapores-st-engineering-to-buy-aircraft-part-maker-from-ge-for-630-million-idUSKCN1LT1NL/?feedName=businessNews&feedType=RSS), 2018-09-13: "Singapore Technologies Engineering Ltd on Thursday said it had agreed to purchase aircraft part manufacturer MRA Systems from General Electric Co for $630 million."
- [designdevelopmenttoday.com](https://www.designdevelopmenttoday.com/industries/aerospace/news/21022423/singapore-engineering-giant-to-acquire-aerospace-manufacturer-from-ge), 2018-09-14: "General Electric intends to sell an aircraft engine component subsidiary to Singapore Technologies Engineering for $630 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.