ST Engineering
ST Engineering is a Singapore-based, Temasek-controlled global technology and engineering group operating across aerospace, defence, smart city, public security, digital tech, and cybersecurity, serving primarily government agencies, defence forces, and large commercial enterprises worldwide.
- Company typePublic
- Founded1967
- HeadquartersSingapore, Singapore
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What ST Engineering does
ST Engineering (Singapore Technologies Engineering Ltd) is a Singapore-headquartered, Temasek-controlled global technology and engineering group operating across six core business areas: Aerospace (MRO, aerostructures, aviation asset management through Keystone, Juniper Aviation, and Total Engine Asset Management), Smart City (rail and road mobility, utilities, digital health, financial services tech), Defence (air, land, sea, and C5ISR), Public Security, Digital Tech (AI/data, cloud, connectivity), and Cybersecurity (products, services, solutions). The group serves primarily sovereign and large-enterprise customers — defence ministries, navies, public transport authorities, port authorities, and commercial airlines — and runs an integrated lifecycle model spanning design, build, operate, and sustain across physical platforms (ships, aircraft, armoured vehicles, hydrogen fuel cells) and digital platforms (iDirect Intuition satcom, AGIL Genie Studio AI orchestration, ZAEL intelligent ships, TransCore traffic systems, Aethon hospital robotics).
The underlying technology stack combines proprietary platform IP — Fearless-class patrol vessels, Intuition cloud-native multi-orbit satcom ground systems, ZAEL ML-driven ship monitoring, HubGen marine hydrogen fuel cells, AGIL agentic AI orchestration, and NetCrypt/Quantum Safe Encryptor cybersecurity products — with deep integration into Singapore's national research apparatus via A*STAR, NTU, and partners such as Mistral AI, Shield AI, Hensoldt, TKMS, and Commonwealth Fusion Systems. The group is publicly listed on SGX (S63.SI) and majority-owned by Temasek Holdings.
The business model is contract-driven and government-anchored: enterprise defence and aerospace contracts are negotiated via competitive tender, often as multi-year fixed-price arrangements, with revenue split across Defence & Public Security (S$2.4B Q1 2026 contracts), Commercial Aerospace (S$1.7B Q1 2026 contracts), and Urban Solutions & Satcom (S$0.7B Q1 2026 contracts). Recurring revenue streams include aerospace MRO, aviation and engine leasing, managed satellite ground services (Intuition Unbound), and long-term defence sustainment; project-based revenue dominates naval shipbuilding, platform systems design, and smart city deployments. Q1 2026 revenue of S$3.3 billion was up 11% year-on-year on an FY2025 base of S$12.3 billion, with a S$34.5 billion order backlog and a 2029 revenue target of S$17 billion.
ST Engineering firmographics
Firmographics- Name
- ST Engineering
- Legal name
- Singapore Technologies Engineering Ltd
- Website
- https://stengg.com
- Company type
- Public
- Founded year
- 1967
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- ST Engineering is a Singapore-based, Temasek-controlled global technology and engineering group operating across aerospace, defence, smart city, public security, digital tech, and cybersecurity, serving primarily government agencies, defence forces, and large commercial enterprises worldwide.
- Ownership category
- akta.pro rank
ST Engineering industry classification
Industry- Product category
- Defence and Aerospace Engineering
- NAICS
- Engineering Services (541330), Engineering Services (54133), Aerospace Product and Parts Manufacturing (33641)
- SIC
- Services-Engineering Services (8711), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Systems Engineering & Technical Program Management (BPAHAIAI)
- akta.pro secondary industries
- Modifications, STC & Retrofit Integration (IMABALAM), Instrumentation, Controls & Automation Engineering Consulting (BPAHAIAM)
Keywords
Where ST Engineering is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
ST Engineering business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- Defence & Public Security: Provides comprehensive defence solutions across air, land, sea, and C5ISR domains to government agencies and defence forces globally. Generates recurring revenue through MRO contracts, platform systems design and supply, and long-term service agreements. S$2.4 billion in Q1 2026 contracts.
- Commercial Aerospace: Aerospace MRO services, aerostructures manufacturing, and aviation asset management for commercial airlines. Revenue from airframe, component, and engine services plus leasing activities. S$1.7 billion in Q1 2026 contracts.
- Urban Solutions & Satcom: Smart city solutions including intelligent transport systems, smart utilities, cybersecurity, and satellite communications. Mix of project-based contracts and recurring service revenue. S$700 million in Q1 2026 contracts.
- Naval Shipbuilding: Design and construction of naval vessels including Fearless-class patrol vessels and missile gun boats for international defence customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise Government and Defence Contracts |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
ST Engineering product offering
Product offeringCore offering
ST Engineering is an integrated engineering group that designs, manufactures, and supports solutions across aerospace (MRO, aerostructures, aviation asset management), defence (air, land, sea platforms, C5ISR), smart city (mobility, utilities, digital health), public security, satellite communications (Intuition/Unbound ground systems), and cybersecurity. It sells platforms, products, and lifecycle services to government agencies, defence forces, commercial airlines, and smart city operators globally.
Product overview
ST Engineering operates as a technology and engineering conglomerate organized into six core business segments: Aerospace (MRO, aerostructures, aviation asset management), Smart City (mobility, utilities, digital health, financial services, urban environment), Defence (air, land, sea systems, C5ISR), Public Security (critical infrastructure, homeland security, maritime), Digital Tech (AI/analytics, cloud, connectivity), and Cybersecurity (products, services, solutions). The portfolio includes platforms such as AGIL Genie Studio for AI orchestration, Intuition/Unbound for satellite communications, and ZAEL for intelligent ships, alongside extensive domain-specific solutions across transportation, infrastructure, healthcare, defense, and security. The company serves government, enterprise, and defense customers across commercial aviation, smart cities, and critical infrastructure sectors.
Differentiator
Problem solved
Functional benefit
Brands
- AGIL: Integrated platform brand covering smart mobility, urban solutions, and enterprise applications including AGIL Genie Studio, AGIL Pay, AGIL CityAI, AGIL SecureAI, AGIL Response, and AGIL Bus Rapid Transit
- HubGen
- GoParkin
- ZAEL
- Intuition
- Unbound
- BrightCity
Products and services
- AGIL Genie Studio
Quantifiable outcome
- Q1 2026 revenue of S$3.3 billion, up 11% year-on-year
- +4 more outcomes
Companies that use ST Engineering
Customer profileNamed customers12 records
Segments4 records
Ideal customer profiles5 records
ST Engineering technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability9 records
Feature7 records
ST Engineering partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core and strategic.
- HensoldtcoreSoftware partnership at Eurosatory defence exhibition for missile defence and cyber integration, with ST Engineering collaborating with Project Q and Hensoldt to develop unified, AI-powered defence ecosystems supporting Hensoldt's strategic pivot toward data integration services.
- Shield AIstrategicPartnership for autonomous systems integration, with Shield AI positioning ST Engineering alongside Korea Aerospace Industries and Taiwan's National Chung-Shan Institute of Science and Technology as key partners for Hivemind AI software and V-BAT UAS integration.
- Nanyang Technological University, IBM Research, University of Illinois Urbana-ChampaignstrategicJoint development of StakeBench benchmark evaluating prompt injection attacks against AI web agents. Study executed 3,168 adversarial runs finding significant vulnerabilities across leading AI systems powered by GPT-5 and Gemini.
- Ramco SystemscoreMoU signed at Singapore Airshow 2026 to co-create AI-led aviation MRO solutions, combining ST Engineering's MRO domain expertise with Ramco's aviation software and agentic AI platform. Collaboration includes feasibility study for jointly operated Competency Centre and Innovation Lab in Singapore.
- Commonwealth Fusion Systems (CFS)strategicSingapore partnering with CFS through A*STAR in five-year agreement to develop technologies for commercial fusion power plants. Collaboration expands existing work between A*STAR, CFS, and ST Engineering on components for CFS's SPARC fusion demonstration device under construction in Massachusetts.
- LeonardocoreLeonardo signed €320 million contract with Abu Dhabi Ship Building for combat systems on Kuwait's Al Dorra missile boat programme. ST Engineering secured separate S$600 million sub-contract for platform systems, with Leonardo and EDGE Group also agreeing to launch joint venture in Abu Dhabi in 2026.
- Umovity, TatweerstrategicDeployment of Middle East's first adaptive ramp metering system in Abu Dhabi through ST Engineering's TransCore platform. Project delivered in six months using real-time data from video, radar, and in-road sensors to dynamically regulate vehicle entry onto highway.
- M1 (Singapore telecom)strategicPartnership launched in July 2023 to introduce Pinnacle, a MEC (Multi-Access Edge Computing) platform enabling real-time data processing for enterprises.
- Mistral AIcorePartnership to integrate agentic fact-checking into ST Engineering's AGIL Trust deepfake detection solution. Part of Mistral AI's expansion in Singapore targeting public safety, healthcare, finance, and secure enterprise environments. Collaboration includes developing an Applied AI Centre of Excellence with Singtel and partnerships with HTX, NCS.
- AIR (Israeli eVTOL company)strategicCooperation agreement for ST Engineering to expand AIR's operations in Europe, with ST Engineering purchasing AIR Cargo unmanned aircraft (labelled DrN-600) for operations in parts of Asia and the Middle East.
- Abu Dhabi Ship BuildingcoreSix-year subcontract worth S$600 million to design and supply platform systems for eight missile gun boats for Kuwait Naval Force. ST Engineering will build three vessels at its Singapore shipyard, with ADSB constructing remaining five based on ST Engineering's Fearless-class patrol vessel design.
- G&S SatComcoreStrategic partnership integrating G&S SatConnect® software into ST Engineering iDirect's Intuition ground system, creating a unified network and service management platform for satellite operators. The combined solution reduces operational complexity by eliminating siloed workflows through standardised APIs and a single interface, enabling operators to modernise without disrupting existing networks. Awarded Satellite Innovation Group Cooperation of the Year 2026.
- TKMS (ThyssenKrupp Marine Systems)coreMoU signed to explore establishing Joint Service and Maintenance Center in Singapore for TKMS submarines operated by Republic of Singapore Navy and international users. Agreement signed in presence of Germany's and Singapore's Defence Ministers, aiming to create high-performance maintenance and service network in Asia-Pacific with potential extension to German Navy.
- GFTN (Global Finance & Technology Network)strategicPartnership to launch Q-FINEX, quantum-enabled financial infrastructure testbed combining GFTN's global network of central banks and financial institutions with ST Engineering's secure digital infrastructure expertise and UWA QUISA's quantum research capabilities. Initiative addresses quantum-safe encryption, market complexity modelling, and digital asset management.
- University of Western Australia - QUISA Research CentrestrategicPartnership through Q-FINEX initiative bringing specialised quantum research capability to financial sector quantum readiness testbed, formalised at Black Swan Summit Australia 2026 in Perth.
- Swarco ITS, Umovity, OusterstrategicAgreement to trial traffic management technologies as part of Singapore Living Lab initiative in collaboration with Land Transport Authority and A*STAR. Project aims to test solutions for conventional traffic signal challenges and improve traffic flow using AI and edge processing.
- Q-KONcorePartnership to launch Intuition Unbound satellite connectivity service across Africa, with Q-KON providing satellite capacity and teleport facilities in South Africa. Collaboration enables faster market entry and lowers barriers for customers to access satellite ground technology across African markets.
Scale indicators13 records
Recent moves7 records
Expansion highlights6 records
ST Engineering competitors and assessment
Company assessmentBroad incumbents
- BAE Systems: UK-headquartered global defence prime with air, land, sea, and cyber capabilities, plus significant MRO services. Directly comparable to ST Engineering's full-domain defence model, though at materially larger scale and with broader combat vehicle and combat aircraft franchises.
- Thales: French multinational operating across aerospace, defence, security, and digital identity markets. Strong overlap with ST Engineering in aerospace MRO, C5ISR, cybersecurity, smart city transport, and satcom ground systems, serving similar government and enterprise customers globally.
- Rolls-Royce: Global power and propulsion systems provider with major aerospace engine MRO, defence, and power systems divisions. Comparable to ST Engineering's engine MRO services and aviation asset management, though Rolls-Royce is significantly larger and more concentrated in propulsion.
- Safran: French aerospace and defence group with strong positions in propulsion, aircraft equipment, and defence electronics. Overlaps with ST Engineering in nacelles, aerospace MRO, and avionics, serving similar commercial aerospace and military customers.
- L3Harris Technologies: US defence and communications technology provider with C5ISR, satcom, and electronic systems businesses. Direct overlap with ST Engineering's C5ISR and iDirect satcom ground infrastructure offerings, though with a primarily US-government customer focus.
- Honeywell Aerospace: US aerospace systems and MRO provider with broad avionics, propulsion, and aftermarket services portfolio. Comparable to ST Engineering's commercial aerospace MRO and aerostructures business, particularly in component and engine services for commercial airlines.
Direct peers
- Leonardo: Italian defence and aerospace group with naval shipbuilding, helicopters, electronics, and MRO businesses. Already an active partner with ST Engineering on the Kuwait Al Dorra missile boat programme (€320M combat systems contract), making it both a competitor and collaborator in naval and defence systems.
- Hensoldt: German defence electronics specialist in radar, sensors, and C5ISR solutions. Recently signed a software partnership with ST Engineering at Eurosatory 2026 for AI-powered defence ecosystems and missile defence cyber integration, reflecting deep overlap in sensor and surveillance offerings.
- TKMS (ThyssenKrupp Marine Systems): German submarine and naval surface vessel specialist. Active MoU partner with ST Engineering for a submarine maintenance hub in Singapore, but also a potential competitor in the Asia-Pacific naval market where ST Engineering is expanding its naval shipbuilding and sustainment franchise.
Emerging players
- iDirect Technologies (under ST Engineering): ST Engineering's wholly-owned satcom ground systems subsidiary, but functions as a peer entity when benchmarked against standalone satcom ground infrastructure specialists such as Comtech EF Data. Important to surface because the iDirect turnaround is a key valuation pivot for the group.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
ST Engineering social profiles
Digital presenceST Engineering financial estimates
Financial estimateRevenue estimate
Valuation estimate
ST Engineering leadership team
Management profileNumber of profiles
Profiles10 records
ST Engineering subsidiaries and ownership
Company hierarchySubsidiaries8 records
ST Engineering funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ST Engineering M&A and investment
M&A and investmentM&A7 records
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ST Engineering
What does ST Engineering do?
ST Engineering is an integrated engineering group that designs, manufactures, and supports solutions across aerospace (MRO, aerostructures, aviation asset management), defence (air, land, sea platforms, C5ISR), smart city (mobility, utilities, digital health), public security, satellite communications (Intuition/Unbound ground systems), and cybersecurity. It sells platforms, products, and lifecycle services to government agencies, defence forces, commercial airlines, and smart city operators globally.
Is ST Engineering a public or private company?
ST Engineering is a public company. It is classified as public and is currently operating.
When was ST Engineering founded?
ST Engineering was founded in 1967. It employs 5,001 to 10,000 people.
Where is ST Engineering based?
ST Engineering is headquartered in Singapore, Singapore, in the Asia region.
How does ST Engineering make money?
Four revenue lines are on record. Defence & Public Security is the primary driver. The others are commercial Aerospace, urban Solutions & Satcom and naval Shipbuilding.
Who are ST Engineering's main competitors?
Broad incumbents on record are BAE Systems, Thales, Rolls-Royce, Safran, L3Harris Technologies and Honeywell Aerospace. Direct peers are Leonardo, Hensoldt and TKMS (ThyssenKrupp Marine Systems). iDirect Technologies (under ST Engineering) is listed as an emerging player.
Does ST Engineering have an API?
Yes. AGIL Genie Studio features an API-first architecture enabling connections to CRMs, business intelligence tools, and enterprise systems. The platform offers an API Toolbox for integrating with internal tools, data sources, and external APIs, along with RAG pipelines for knowledge setup. No specific API documentation URL, authentication method, rate limits, or SDK offerings are publicly specified.
What industry is ST Engineering in?
ST Engineering's product category is Defence and Aerospace Engineering. Its primary akta.pro industry code is BPAHAIAI, Systems Engineering & Technical Program Management, with a secondary code of IMABALAM, Modifications, STC & Retrofit Integration. Its NAICS code is 541330 and its SIC code is 8711.