ST Engineering Aerospace secures $600M MRO contract with North American airline

ST Engineering's Aerospace arm signed a 10-year, $600M agreement to provide aircraft maintenance to a major North American airline, covering over 160 aircraft, commencing in 2020. A new facility in Pensacola, Florida, under construction, will be used and is expected operational by 2022.

“ST Engineering's Aerospace arm is the world's largest commercial airframe MRO service provider, a leading position it has enjoyed since 2002.”research.sginvestors.io

• 1 source
• research.sginvestors.ioST Engineering - RHB Invest 2019-02-26: Aerospace Secures 10-year MRO Contract; Keep BUY | SG Investors.ioSGinvestorsFeb 26, 2019

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