Another Big Day of Business at Le Bourget LM's C-130J Program
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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. -
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. -
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. -
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. -
January - June 2014
January - June 2014 January - June 2014 1 THE SOCIETY OF EXPERIMENTAL TEST PILOTS BOARD OF DIRECTORS President ....................................................................................................... .. Kevin Prosser, Calspan Vice President ....................................................................................................... Timothy Morey, Wyle Secretary ........................................................................................................Michael Wallace, Boeing Treasurer ....................................................................................................... Todd Ericson, Col, USAF Legal Officer ........................................................................................... Roderick Cregier, Col, USAF Executive Advisor ............................................................................................ Doug Benjamin, Boeing President-Elect ...................................................................................Mark Stucky, Scaled Composites Technical Advisor ............................................................................................ Patrick Duffy, JT3, LLC Technical Advisor ..................................................................................................... Greg Lewis, NTPS Canadian Section Representative ..........................................Maurice Girard, Bombardier Aerospace Central Section Representative ................................................................Dan Hinson, Cessna Aircraft East -
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 -
HELMOED COMBAT AIRCRAFT Layout 1
Adequate, Affordable, Appropriate – COMBAT AIRCRAFT FOR SMALL AIR FORCES Researched and written by Helmoed Romer-Heitman IR POWER can be critical in its own presented by guerrillas, terrorists and even flying illegally mined cassiterite ore from the right for some small countries, and large criminal groups. DRC to neighbouring countries, using Let-410 Awill almost always be an immensely Some of these groups, however, will be well light transports landing on roads. valuable force multiplier. But air forces are armed and highly mobile, using “technicals” In 2008 there were reports of armed expensive, so the acquisition of aircraft, even mounting a range of heavy weapons, including personnel and “technicals” being flown into combat aircraft, must be handled rationally. twin and quad 14,5 mm machineguns and twin the Birao airfield, in the Vakaga province, of It will not do to buy aircraft incapable of 23 mm cannon and even, in a few cases, truck- the Central African Republic, after it was seized meeting the mission requirements just mounted twin 37 mm cannon. by local guerrillas. because they are cheap; nor should any air Although these are all intended primarily for That small air-landed force apparently then force chase the “latest and greatest” if that is use against ground targets, making them fanned out to cover the flank of a major not required for the missions likely to fall to it extremely dangerous to light forces, they also guerrilla force moving through the Vakaga – not even if it could afford to do so, as there present a real threat to aircraft that come province into Chad as part of the raid on the will always be opportunity costs to consider. -
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 -
2014 Annual Report Textron’S Global Network of Businesses
2014 ANNUAL REPORT TEXTRON’S GLOBAL NETWORK OF BUSINESSES BELL HELICOPTER TEXTRON SYSTEMS TEXTRON AVIATION INDUSTRIAL FINANCE Bell Helicopter is one of the Textron Systems’ businesses Textron Aviation is home to Our Industrial segment offers Our Finance segment, leading suppliers of provide innovative solutions the iconic Beechcraft, three main product lines: operated by Textron helicopters and related spare to the defense, aerospace Cessna and Hawker brands, fuel systems and functional Financial Corporation (TFC), parts and services in the and general aviation and continues to lead components produced by is a commercial finance world. Bell is the pioneer of markets. Product lines general aviation through two Kautex; specialized vehicles business that provides the revolutionary tiltrotor include unmanned systems, principal lines of business: and equipment manufactured financing solutions for aircraft and has delivered armored vehicles, advanced aircraft sales and aftermarket. by the Textron Specialized purchasers of Textron more than 35,000 aircraft to marine craft, intelligent Aircraft sales include Vehicles businesses and products, primarily Textron customers around the world. battlefield and surveillance business jet, turboprop and Jacobsen; and tools and Aviation aircraft and Bell Greater than 29% of all systems, intelligence piston aircraft, as well as test equipment made by helicopters. For more than helicopters in operation software solutions, piston special mission and military the Textron Tools & Test five decades, TFC has played today carry the Bell brand, engines, simulation, training aircraft. Aftermarket includes companies. a key role for Textron including both military and and other defense and parts sales, maintenance, customers around the globe. commercial applications. aviation mission support inspection and repair products and services. -
Bell Helicopter, Textron Airland and Textron Aviation to Highlight Special Mission & Defense Products at Marrakech 2016
⏲ 27 April 2016, 06:30 (CDT) Bell Helicopter, Textron AirLand and Textron Aviation to Highlight Special Mission & Defense Products at Marrakech 2016 Wichita, Kansas (April 27, 2016) – Bell Helicopter, Textron AirLand and Textron Aviation Inc., all Textron Inc. (NYSE: TXT) companies, today announced their plans for the Marrakech Airshow at the Menara Airport in Marrakesh, Morocco, which runs April 27-April 30, 2016. Textron will be displaying in chalet A8. Bell Helicopter This year, Bell Helicopter is showcasing the Bell 407GXP, equipped by NorthStar Aviation as a light attack helicopter, on static display and the Bell UH-1Y Venom and The Bell AH-1Z Viper models showcasing our military attack and utility helicopters. With over 250 commercial Bell Helicopters being used for military missions in Middle East and Africa, Bell Helicopter is seeing a growing demand in the region specifically for the Bell 407 in a light attack configuration. The Bell 407GXP is the latest best-selling Bell 407 platform, with added value through class leading performance, payload capability and operating economics. The M250 Rolls-Royce engine boosts power and fuel efficiency delivering best in class hot and high performance. The aircraft also features avionics improvements in the weight and balance pages, as well as a transmission time between overhaul (TBO) extension of 500 hours. The Bell UH-1Y utility and Bell AH-1Z attack helicopters continue to perform for the United States Marine Corps, delivering on our promise of technologically advanced aircraft the Marines can rely on to accomplish their challenging missions. The Venom and Viper are a potent, comprehensive duo, designed and manufactured to reduce logistical requirements and marinized to perform for expeditionary forces over land or sea. -
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). -
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.