DOCSLIB.ORG

St Engineering's Aerospace Arm Adds Jeju Air For

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
St Engineering's Aerospace Arm Adds Jeju Air For FOR IMMEDIATE RELEASE ST ENGINEERING’S AEROSPACE ARM ADDS JEJU AIR FOR COMPONENT SUPPORT Singapore, 14 July 2009 – ST Engineering today announced that its aerospace arm, ST Aerospace, has signed a component Maintenance-By-the-Hour (MBH™) support agreement with Jeju Air. The agreement worth US$45m (S$65m) will commence in August this year. Under the agreement, ST Aerospace will provide component maintenance works on an MBH™ basis, asset lease and access to ST Aerospace’s worldwide inventory pool to support Jeju Air’s fleet of Boeing 737 next generation aircraft over 10 years. Within the last month, ST Aerospace has added Shanghai Airlines, Cimber Sterling A/S and Primera Air as its customers for its component MBH™ programme. These, including this latest agreement with Jeju Air, attest to the growing popularity of ST Aerospace’s component and engines MBH™ support programmes for the Boeing 737 and Airbus A320 family of aircraft. The MBH™ solution was initially tailored for start-up airlines and low cost carriers but it has also achieved initial successes with some traditional airlines. “As Jeju Air prepares to embark on our growth through acquisition of additional aircraft and reaching more international destinations, we need a reliable partner to ensure the efficient support of our fleet. We chose ST Aerospace because of its MRO network and emphasis on safety and quality. We are pleased to collaborate with ST Aerospace, a like-minded partner in quality, in the support of our fleet.” ~ KO Young-Sup, President, Jeju Air “We are pleased to be selected by Jeju Air, another new customer to the Aerospace sector, to support their growing fleet through a component MBH™ programme. We are confident that our commitment in providing high quality services and responsiveness to our customers’ needs will enable Jeju Air to enhance the efficiency of support to their fleet. ST Aerospace has a full repertoire of capabilities to support operators of the 737 next generation aircraft and supports many airlines through our components and CFM56-7B engines MBH™ programmes. We look forward to leveraging the total resources of the Aerospace group to support the growth of Jeju Air as it grows in the years ahead.” ~ TAY Kok Khiang, President, ST Aerospace Page 1 of 3 Jeju Air, established in January 2005, is an airline based at Jeju International Airport, South Korea. Owned by the Jeju Provincial Government and Aekyung Group, one of South Korea’s largest family- owned conglomerates that operates across various industries including retail, pharmaceutical and petrochemical, Jeju Air currently operates four Bombardier Q-400 Dash 8 and three Boeing 737-800 aircraft. It expects to grow its fleet of Boeing 737 next generation aircraft over time. Apart from domestic flights within South Korea, Jeju Air is the country’s first low cost carrier that is given rights to fly internationally, namely to Kitayushu and Osaka in Japan. This agreement is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year. ***** ST Aerospace (Singapore Technologies Aerospace Ltd) is the aerospace arm of ST Engineering. Operating a global MRO network with facilities in the Americas, Asia Pacific and Europe, it is the world’s largest aircraft MRO provider with a global customer base that includes many of the world’s leading airlines, airfreight operators and military operators. ST Aerospace provides a full spectrum of maintenance and engineering services that include airframe, engine and component maintenance, repair and overhaul; engineering design and technical services; and aviation materials and management services, including Total Aviation Support. ST Aerospace has a global staff strength of more than 7,000 engineers and technical specialists. Please visit www.staero.aero. ST Engineering (Singapore Technologies Engineering Ltd) is an integrated engineering group providing solutions and services in the aerospace, electronics, land systems and marine sectors. Headquartered in Singapore, the Group reported revenue of $5.34b in FY2008 and ranks among the largest companies listed on the Singapore Exchange. ST Engineering has more than 19,000 employees worldwide, and over 100 subsidiaries and associated companies in 24 countries and 42 cities. Please visit www.stengg.com. Media Contacts: Sharolyn Choy SVP, Corporate Communications ST Engineering Page 2 of 3 Tel: (65) 6722 1883 Fax: (65) 6720 2293 Email: [email protected] Audrey Tan Head, Corporate Communications ST Aerospace Tel: (65) 6380 6152 Fax: (65) 6280 8213 Email: [email protected] Page 3 of 3 .
Load more

Recommended publications
  • Anti Armour Joint Survivability Dismounted
    COVER-MAY 13:AMR 6/11/13 1:37 PM Page 1 VOLUME 21/ISSUE 3 MAY 2013 US$15 A S I A P A C I F I C ’ S L A R G E S T C I R C U L A T E D D E F E N C E M A G A Z I N E ANTI ARMOUR SUBMARINE WARFARE JOINT SURVIVABILITY SPECIAL MISSION DISMOUNTED ISTAR AIRCRAFT NAVAL DIRECTORY SINGAPORE MILITARY www.asianmilitaryreview.com GMB_2013_ISR_AsianMilitaryRev_April_002_Print.pdf 1 4/18/13 2:53 PM Content & Edit May13:AMR 6/11/13 6:03 PM Page 3 MAY 2013 ContentsContentsVOLUME 21 / ISSUE 3 06 Front Cover Photo: The fuel cell powered HDW Class 212A submarines have been in service with the German Navy since 2005. A The Wide Blue Yonder second batch of two boats in currently under construction Martin Streetly at ThyssenKrupp Marine As a region dominated by the vastnesses of the Pacific and Indian Oceans, Systems in Kiel, Germany © the Asia-Pacific nations have always had a strong interest in the ability to police ThyssenKrupp Marine Systems and monitor their national and economic regional interests 14 Singapore’s 48 Defence Stance Gordon Arthur Singapore may be the smallest country in SE Asia but it has 54 region’s most able military. Perched on tip of Malay Peninsula Survivability: Submarine warfare where Malacca and Singapore Stopping Enemy and upgrades Straits converge, Singapore Fires On Sea achieves world’s 4th highest Ted Hooton A century ago naval power was defence expenditure per capita AndLand counted in battleships, but the Gordon Arthur modern arbiter of naval power Survivability on the battlefield is consists of invisible battleships 40 important… obviously! Threats submarines which have played a 23 come from multiple directions major role in shaping modern Asia and in many shapes, so the per- and are likely to continue to tinent question is how to protect do so.
    [Show full text]
  • ST Kinetics Ou Les Ambitions De Singapour Dans L'armement
    ST Kinetics ou les ambitions de Singapour dans l’armement Classé 44e dans le top 100 mondial des (716 km², soit équivalent à l’agglomé- 2nd generation SAF (1990’) : effort industries de défense1, ST Engineering ration parisienne), et d’une faible dé- de défense consacré au renforce- 5 se présente comme un groupe aux mographie face à ses voisins (5,5 M ment des moyens disponibles et à activités duales. Le chiffre d’affaires d’habitants contre 29,5 M d’habitants la modernisation des plateformes. (CA) Défense 2015 atteint 36% du CA en Malaisie et 252 M d’habitants en 3rd Generation SAF : (2004-) : plan total, soit 2,28 Mds SGD2 (~1,52 Indonésie), Singapour se trouve en de développement capacitaire Md€3). situation de dépendance sécuritaire. mettant l’accent sur le développe- Le groupe, dont l’Etat singapourien est Ainsi, dès son indépendance, une Dé- ment et l’acquisition de systèmes l’actionnaire majoritaire (>50% du fense forte et crédible est considérée autonomes, de capacités en capital via le fonds souverain Temasek) comme indispensable par les autorités frappes de précision et de sys- compte quatre branches d’activités du pays, garantie de sa survie face à tèmes de communication avancés. ses Etats voisins. principales : Pour accompagner cette politique, les ST Aerospace (33% du CA) : services Dans ce contexte, les autorités singa- autorités singapouriennes ont placé le d’ingénierie et de maintenances pouriennes ont mené une politique de budget de défense au cœur des dé- aéronautiques. défense au cours des 50 dernières penses du gouvernement. Le budget ST Electronics (27% du CA) : con- années visant à accompagner le déve- défense est même en croissance nomi- ception, développement et pro- loppement capacitaire des forces ar- nale constante, périodes de crises duction de systèmes d’information mées, pour en faire aujourd’hui l’une financières (1997 et 2007) comprises.
    [Show full text]
  • SBA 2014 Ceotan Pheng Hock (ST Engineering) Final
    NOMINEE FOR OUTSTANDING CHIEF EXECUTIVE OFFICER AWARD Tan Pheng Hock, 56 President & CEO Singapore Technologies Engineering Ltd Personal background Mr Tan Pheng Hock, 56, was appointed President and CEO of Singapore Technologies Engineering Ltd (ST Engineering) in February 2002. He has spent more than 30 years at ST Engineering, his first and only job. He began his career with the group as an engineer in Singapore Technologies Marine Ltd in 1981. His time there has given him extensive knowledge on the structure of the group. In 1997, Mr Tan was named President, Corporate Affairs, ST Engineering to assist in the integration of the various sectors of ST Engineering during its formation that year. Mr Tan has also held the positions of ST Engineering’s Chief Operating Officer from February 2000 to July 2000, President and COO from July 2000 to June 2001, and Group President from June 2001 to February 2002. Before these various positions in the corporate office, he was President of Singapore Technologies Kinetics Ltd (formerly known as Singapore Technologies Automotive Ltd) since September 1998. As President and CEO, Mr Tan integrates and capitalises on the Group’s capabilities, steering the Group towards its vision of becoming a global defence and engineering company. Outside of ST Engineering group, Mr Tan is: Chairman, Singapore Workforce Development Agency Chairman, Lifelong Learning Endowment Fund Advisory Council of Nanyang Polytechnic Director, International Institute for Strategic Studies (Asia) Ltd Director, Singapore Economic Development Board Member, Consultative Committee for the Department of Mechanical Engineering, National University of Singapore Member, Industry Advisory Panel for the School of Mechanical & Aerospace Engineering, Nanyang Technological University.
    [Show full text]
  • Engineering with Passion
    A MINDSET FOR INNOVATION, THE DRIVE TO EXCEL, AND THE HEART TO MAKE A DIFFERENCE ENGINEERING WITH PASSION ANNUAL REPORT 2016 contents 04 24 61 Financial Highlights Operating Review & Outlook Sustainability Report 06 / 43 78 Letter to Shareholders Corporate Information Corporate Governance 12 / 44 / 104 Interview with CEO Financial Review Financial Report 16 / 57 273 Board of Directors Investor Relations Shareholding Statistics 22 / 59 IBC Senior Management Awards Contact Information ENGINEERING WITH PASSION .01 In 2017, ST Engineering celebrates our 50th anniversary. Since ST Engineering began 50 years ago, we have been passionate about wanting to make a difference, to have an impact. We have been doing this by harnessing our hard-won experience, our leading edge expertise and the latest technology to develop creative solutions that assist our customers and leave a better world for our children to inherit. We believe that this passion, coupled with a drive to excel and a deep and abiding desire to make a difference, will create a better future for our customers, our stakeholders and our employees. ST ENGINEERING .02 ANNUAL REPORT 2016 HIGHLIGHTS OF THE YEAR BUILDING NEW A MINDSET FOR CAPABILITIES Littoral Mission Vessels by ST Marine are designed to be smarter, innovation faster and sharper. that SHAPES OUR PLANET COOL INVENTION THE DRIVE ST Engineering’s subsidiary, Innosparks launched Airbitat, the TO EXCEL world’s first evaporative cooler designed for high humidity tropical climates. towarDS A Better toMorrow CONTINUOUS INNOVATION ST Kinetics launched Terrex 3, the latest iteration of its 8X8 infantry fighting vehicles. ENGINEERING WITH PASSION .03 THE NEXT FRONTIER ST Electronics’ TeLEOS-1, the first made-in- Singapore commercial Earth Observation Satellite, commenced commercial imagery service.
    [Show full text]
  • Aviation Engineering
    AVIATION ENGINEERING “DTC IS THE SECRET-EDGE WEAPON OF THE SAF” DR NG ENG HEN MINISTER FOR DEFENCE The opinions and views expressed in this work are the authors’ and do not necessarily reflect II the official views of the Ministry of Defence TABLE OF CONTENTS Foreword Message Preface 1 CHAPTER 1 : Where We Were Section 1.1 How It All Started Section 1.2 Some History of the Early Engineering Work in Support of the RSAF 22 CHAPTER 2 : Pioneering Spirit Section 2.1 Maintenance, Repair and Overhaul Section 2.2 Engineering Development - Modifications and Upgrading Section 2.3 Service Life Extension Programme (SLEP) Section 2.4 Managing Technologies Section 2.5 “Commercialisation” Section 2.6 Values and Necessities 61 CHAPTER 3 : Some Major Milestones Section 3.1 The A-4 Crisis Section 3.2 Conversion Programmes 3.2.1 New Engine for the Skyhawk 3.2.2 A-4 Avionics Upgrade (1985) – First Major Avionics Upgrade Undertaken 3.2.3 F-5E/F WDNS Upgrade – Unleashing the Tiger 3.2.4 Giving the F-5 an Eye in the Sky – F-5E to RF-5E Conversion 3.2.5 Upgrade Capability Serving Overseas F-5 Users 3.2.6 Brazilian Air Force F-5E/F Upgrade 3.2.7 Upgrading of the Hercules C-130 3.2.8 F-16 3.2.9 F-15SG Capability Build-up Section 3.3 Surveillance Aircraft 3.3.1 E-2C 3.3.2 Fokker 50 Maritime Patrol Aircraft Conversion 3.3.3 G550 Section 3.4 Rotary Wing Evolution 3.4.1 Vertical Lift in the RSAF 3.4.2 The Super Puma Experience 3.4.3 Developing the Light Observation Helicopter and Light Attack Helicopter 3.4.4 Heavy-Lift Helicopter Evaluation – The Russian Experience
    [Show full text]
  • Introduction to ST Aerospace
    Introduction to ST Aerospace For US exhibitors 15 Feb 2016 ST Engineering Aerospace Electronics Land Systems Marine USD 1.52B USD 1.19B USD 1.03B USD 0.99B ~ 7,800 staff ~ 5,800 staff ~ 7,000 staff ~ 1,900 staff ► Airframe Maintenance & ► Rail & Transport Systems ► Armoured Vehicles ► Shipbuilding Modification ► Satellite ► Munitions and Weapons ► Engine Servicing ► Component Total Communications ► Specialty Vehicles ► Ship Repair Support ► e-Government Solutions ► Homeland Security ► Ship Conversions ► Engine Total Support ► Software Systems & ► Assets Total Support ► Design & Engineering ► Aviation & Training Solutions Services ► Automotive Repairs ► Environmental Engineering ► Aerospace Engineering & Manufacturing Page 2 1 USD = 1.36 SGD ST Aerospace 2014 Revenues: USD 1.52B (SGD 2.07B) PBT: USD 208M (SGD 283M) Employees: ~ 7,800 globally ► Started in 1975 as a military MRO service provider in Singapore ► Ventured into commercial MRO in 1990s ► Started globalisation in the mid-90s (facilities in US, Europe, China, Australia and Singapore) ► Today, 3 main areas of business: ► Airframe Maintenance & Modification (AMM) ► Components, Engines Repair & Overhaul (CERO) ► Engineering, Materials & Services (EMS) Page 3 Businesses (1/2) Airframe Maintenance Component MRO Services Engine Repair & Overhaul • Line Maintenance • Capabilities for >25,000 mechanical and • Extensive support for narrow-body aircraft engines (F110, T700, T55, Ariel, • Light Checks avionics component types CFM56-3, -5B, -7B) • Heavy Maintenance • Approved repair station
    [Show full text]
  • The Political Economy of Defence Industrialization and Economic Development
    No. 70 EXAMINING THE DEFENCE INDUSTRIALIZATION – ECONOMIC GROWTH RELATIONSHIP:THE CASE OF SINGAPORE Adrian Kuah and Bernard Loo Institute of Defence and Strategic Studies Singapore JULY 2004 With Compliments This Working Paper series presents papers in a preliminary form and serves to stimulate comment and discussion. The views expressed are entirely the author’s own and not that of the Institute of Defence and Strategic Studies The Institute of Defence and Strategic Studies (IDSS) was established in July 1996 as an autonomous research institute within the Nanyang Technological University. Its objectives are to: • Conduct research on security, strategic and international issues. • Provide general and graduate education in strategic studies, international relations, defence management and defence technology. • Promote joint and exchange programmes with similar regional and international institutions; organise seminars/conferences on topics salient to the strategic and policy communities of the Asia-Pacific. Research Through its Working Paper Series, IDSS Commentaries and other publications, the Institute seeks to share its research findings with the strategic studies and defence policy communities. The Institute’s researchers are also encouraged to publish their writings in refereed journals. The focus of research is on issues relating to the security and stability of the Asia-Pacific region and their implications for Singapore and other countries in the region. The Institute has also established the S. Rajaratnam Professorship in Strategic Studies (named after Singapore’s first Foreign Minister), to bring distinguished scholars to participate in the work of the Institute. Previous holders of the Chair include Professors Stephen Walt (Harvard University), Jack Snyder (Columbia University), Wang Jisi (Chinese Academy of Social Sciences) and Alastair Iain Johnston (Harvard University).
    [Show full text]
  • Singapore Aviation
    Singapore Industrials 1 August 2017 Singapore Aviation Initiation: leveraging on global aircraft additions We highlight the aircraft maintenance, repair and overhaul (MRO) segment as a bright spot within the Asian aviation industry Valuations might look stretched, but we see consolidation among the players in Singapore as a key catalyst for further rerating Royston Tan Initiating on STE (Buy [1]) and SIAEC (Outperform [2]); maintaining (65) 6321 3086 Hold (3) on SATS and Underperform (4) on Singapore Airlines [email protected] Investment case: We initiate on the Singapore Aviation sector with a Key stock calls Positive view, and favour the maintenance, repair and overhaul (MRO) New Prev. players over Singapore Airlines (SIA). With Airbus forecasting the global Singapore Airlines (SIA SP) Rating Underperform Underperform aircraft fleet to almost double over the next 20 years, we expect aviation Target 9.060 9.060 service providers to benefit from increased air/ground traffic and higher Downside q 12.8% volumes of after-market MRO work. Hence, we believe the time is ripe for a SATS (SATS SP) consolidation of Singapore’s MROs, which we flag as a possible catalyst for a Rating Hold Hold further rerating of the MRO segment. Target 5.050 5.050 Upside p 4.6% Catalysts: aircraft growth to drive demand for aviation services. Singapore Technologies Engineering (STE SP) Rating Buy Airbus’ forecast for the global aircraft fleet suggests a supportive Target 4.460 environment for aviation service providers, with services such as ground Upside p 18.3% handling and inflight catering seeing demand rise in step with regional air SIA Engineering (SIE SP) travel.
    [Show full text]
  • A Comparative Study of the National Defence Policies of Singapore and Taiwan Between 1965 and 2008
    A Comparative Study of the National Defence Policies of Singapore and Taiwan between 1965 and 2008 By Shang-su Wu Thesis for the Degree of Doctor of Philosophy 2012 Abstract Research on the defence of small states is limited, particularly states in mari- time strategic locations, such as Singapore and Taiwan. While a substantial body of respective research on the security of Singapore and Taiwan is available, there is insufficient comparative research of the national defence of the two states. This dissertation explores and compares the national defence of these two small states in strategic maritime locations. A case-study comparative approach is undertaken in this research of the two countries’ deterrent strategies. This study concludes that Singapore presents a more suitable example for Taiwan in that it is also a small state focusing on keeping the peace and its own survival through the use of appropriate measures of deterrence. The ultimate goal of Taiwan’s deterrence, similar to that of Singapore, is not to engage in war but to maintain the status quo in the short-term. Additionally, Taiwan’s deterrence would also improve Taiwan’s position vis-à-vis China in the long-term as well as bring an assurance that China’s approaches toward Taiwan are firmly based in negotiation and respect for Taiwan. i Table of Contents ABSTRACT…………………………………………………………………………i TABLE OF CONTENTS……………………………………………………….ii Acknowledgements…………………………………………………………….v ABBREVIATIONS……………………………………………………………… vi CHAPTER ONE INTRODUCTION.………….…...…………………………1 1. THE IMPORTANCE OF SINGAPORE AND TAIWAN………………1 1.1 THE NATIONAL SECURITY OF SMALL STATES………………………………1 1.2 SINGAPORE AND TAIWAN……………………………………………………………3 2. LITERATURE REVIEW………………………………………………………7 2.1 NATIONAL DEFENCE AND SMALL STATES……………………………………7 2.2 SINGAPORE………………………………………………………………………………13 2.3 TAIWAN……………………………………………………………………………………..14 3.
    [Show full text]
  • St Engineering's Aerospace Arm Signs Transaero
    FOR IMMEDIATE RELEASE ST ENGINEERING’S AEROSPACE ARM SIGNS TRANSAERO AIRLINES AS PANAMA AEROSPACE ENGINEERING'S SECOND CUSTOMER Singapore, 26 October 2007 – Singapore Technologies Engineering Ltd (ST Engineering) today announced that Panama Aerospace Engineering Inc (PAE), a subsidiary of its aerospace arm Singapore Technologies Aerospace Ltd (ST Aerospace), has been awarded a contract worth US$3.1m (about S$4.5m) by Transaero Airlines (Transaero). This makes Transaero PAE’s second customer since PAE commenced operations in May this year. The contract is for C checks and maintenance work on Transaero’s fleet of 10 Boeing 737-500 aircraft. PAE will commence work on the first aircraft in October, targeting for redelivery in December this year. The last aircraft is expected to be redelivered in end 2008. This contract is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year. “We are pleased that Transaero has selected PAE for its maintenance requirements. This contract award is testament to our customers’ confidence in ST Aerospace and our initiative in PAE. We are confident that PAE will do well and continue to expand its customer base, and help to service ST Aerospace’s global customers.” ~ TAY Kok Khiang, President, ST Aerospace PAE, a wholly-owned subsidiary of ST Aerospace, currently performs maintenance and modification work for Panama’s national carrier, Copa Airlines. To date, it has redelivered five aircraft for Copa Airlines. PAE was recently awarded certifications from the Federal Aviation Administration (FAA) and the Bermuda Department of Civil Aviation (BDCA).
    [Show full text]
  • Annual Report 2013 Always AHEAD | SINGAPORE Technologies Engineering Ltd Annual Report 2013
    ANNUal report 2013 ALWAYS AHEAD | SINGAPORE TECHNOLOGIES ENGINEERING LTD ANNUAL REPORT 2013 VISION Be a global defence and engineering group. MISSION Bring value to our customers and partners by delivering total integrated quality solutions and support. CORE VALUES Integrity, Value Creation, Courage, Commitment and Compassion CONTENTS FINANCIAL HIGHLIGHTS 08 GROUP OVERVIEW 10 LETTER TO SHAREHOLDERS 12 BOARD OF DIRECTORS 18 CORPORATE INFORMATION 23 SENIOR MANAGEMENT 24 ORGANISATION CHART 26 OPERATING & FINANCIAL REVIEW 28 AEROSPACE 30 ELECTRONICS 34 LAND SYSTEMS 38 MARINE 42 FINANCIAL REVIEW 46 SUSTAINABILITY 54 INNOVATION 56 Every decision makes a difference. At ST Engineering, PRODUCTIVITY 58 WORKPLACE SAFETY & HEALTH 60 we realise that what we do has an impact on our people, ENVIRONMENT 62 stakeholders and community. As we power ahead, CUSTOMER EXCELLENCE 63 PeOPLE EXCELLENCE 64 we are taking a holistic approach to pursuing excellence. COMMUNITY RELATIONS 67 INVESTOR RELATIONS 68 CORPORATE GOVERNANCE 70 RISK MANAGEMENT 84 AwARDS & COMMENDATIONS 88 FINANCIAL REPORT 90 SHAREHOLDING STATISTICS 242 CONTACT INFORMATION IBC 1 Ahead of the STRATEGIC ALLIANCES ST Aerospace became a member of UTC Aerospace Systems’ Boeing 787 curve MRO supplier network. ST Kinetics and Australian Munitions The key to our success is our ability to anticipate, cooperating in Australia and innovate and initiate. We are relentless in seeking New Zealand to develop, manufacture fresh opportunities, developing cutting-edge and market ST Kinetics’ world-leading solutions
    [Show full text]
  • Singapore Aerospace
    SINGAPORE AEROSPACE 2017 MROs - OEMs - Engineering - R&D - Aviation - Satellites SINGAPORE AEROSPACE 2017 SINGAPORE AEROSPACE Dear Reader, This is the first time Global Business Reports has developed an has been coupled with the presence of a growing base of both local aerospace report on Singapore. We are pleased to have worked and multinational aerospace suppliers such as RLC Engineering with the team to showcase Singapore’s strength as an air hub and and Singapore Aerospace Manufacturing (SAM). the various industry players across the value chain within our aerospace sector. As you read through the pages of this report, we Many companies have cited Singapore’s strong manufacturing hope that it not only gives you a better understanding of the sector base, skilled manpower and focus on science and engineering but also an idea of how Singapore can be your trusted location as reasons for setting up manufacturing activities here. The from which to write your Asia growth story. burgeoning aerospace R&D landscape in Singapore, that taps into our existing strengths in science and technology research In the span of time since Changi Airport first opened in 1981, capabilities, further allows companies to leverage industry- Singapore has achieved a strong reputation as a Global Aviation aligned research institutes and universities as well as a growing Hub. With over 500 accolades, Changi Airport is widely pool of research talent to enhance their manufacturing and MRO recognised as one of the world’s best international airports. activities through innovation. Singapore Airlines has likewise become a widely known brand. Building on our strengths as an air hub, Singapore has developed With the increasing adoption of disruptive technologies such a leading aerospace industry that includes manufacturing, as robotics and automation, additive manufacturing, digital engineering, research and development (R&D), maintenance, manufacturing and the emergence of new business segments such repair and overhaul (MRO), and other aerospace-related services.
    [Show full text]