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ST Engineering
Singapore Technologies Engineering or ST Engineering (ST Eng.) is a Singapore-based global technology, defence and engineering group with a diverse portfolio of businesses across the aerospace, smart city, defence and public security segments. As of 2024, it was the eighth largest companies by market capitalization on the Singapore Exchange. It is a component stock of MSCI Singapore, FTSE Straits Times Index and Dow Jones Best-in-Class Asia Pacific Index.
The organisation coordinates efforts across its business divisions and engages in collaborations with external partners to support innovation, the development of AI-related initiatives, and the enhancement of its technological and engineering capabilities.
As of 2024, ST Engineering employed about 27,000 people, including around 19,000 in engineering and technical roles.
ST Engineering's history stemmed from the foundations of the Singapore defence industry, with the earliest roots being the Chartered Industries of Singapore in 1967. It's origins are linked to several defence-related companies that later became its operational divisions. These notable companies were held under Sheng-Li Holding Company Private Limited (traditional Chinese: 勝利控股公司; simplified Chinese: 胜利控股公司; pinyin: Shènglì kònggǔ gōngsī; Wade–Giles: Shêng-lì K'òng-kǔ K'ung-sī), which was formed on 3 January 1974 to serve as the holding entity for eight defence-related companies of significant interest to MINDEF through a share exchange with the Minister for Finance (Incorporated). The name was a direct phonic adaption of the Chinese word "胜利" (traditional Chinese: 勝利; simplified Chinese: 胜利; pinyin: Shènglì; Wade–Giles: Shêng-lì), which translates as "victory".
The Singapore Technology Corporation (STC), established in 1983, briefly served as a holding company to consolidate the manufacturing and service capabilities of the ordnance-related companies, with the exception of Bofors-linked joint venture Allied Ordnance Company of Singapore (AOS), which later became a subsidiary of CIS in 1988. Sheng-Li Holding Company was later succeeded as the Singapore Technologies Holdings (SingTech, or ST) on 11 May 1990, through a series of restructure and re-consolidation following the introduction of its new corporate identity and sunburst logo in 1989.
The following companies were instrumental in the foundation of ST Engineering.
The Chartered Industries of Singapore (CIS) was established in 1967 as a munitions manufacturer to address the defense equipment needs of Singapore following its independence. The company's first facility, located in Jurong, began operations as an ammunition plant. Parts of this facility later became the Singapore Mint. Initially, CIS produced 5.56mm caliber ammunition for the Singapore Armed Forces (SAF), while simultaneously minting circulation coins for the Board of Commissioners of Currency of Singapore (BCCS). Both operations shared a workshop that supported both military and civilian markets.
In its early years, CIS focused on licensed manufacturing and subcontracted work for foreign ordnance producers. During this period, the company's engineers and technicians gained experience development and production of munitions across various calibers.
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ST Engineering
Singapore Technologies Engineering or ST Engineering (ST Eng.) is a Singapore-based global technology, defence and engineering group with a diverse portfolio of businesses across the aerospace, smart city, defence and public security segments. As of 2024, it was the eighth largest companies by market capitalization on the Singapore Exchange. It is a component stock of MSCI Singapore, FTSE Straits Times Index and Dow Jones Best-in-Class Asia Pacific Index.
The organisation coordinates efforts across its business divisions and engages in collaborations with external partners to support innovation, the development of AI-related initiatives, and the enhancement of its technological and engineering capabilities.
As of 2024, ST Engineering employed about 27,000 people, including around 19,000 in engineering and technical roles.
ST Engineering's history stemmed from the foundations of the Singapore defence industry, with the earliest roots being the Chartered Industries of Singapore in 1967. It's origins are linked to several defence-related companies that later became its operational divisions. These notable companies were held under Sheng-Li Holding Company Private Limited (traditional Chinese: 勝利控股公司; simplified Chinese: 胜利控股公司; pinyin: Shènglì kònggǔ gōngsī; Wade–Giles: Shêng-lì K'òng-kǔ K'ung-sī), which was formed on 3 January 1974 to serve as the holding entity for eight defence-related companies of significant interest to MINDEF through a share exchange with the Minister for Finance (Incorporated). The name was a direct phonic adaption of the Chinese word "胜利" (traditional Chinese: 勝利; simplified Chinese: 胜利; pinyin: Shènglì; Wade–Giles: Shêng-lì), which translates as "victory".
The Singapore Technology Corporation (STC), established in 1983, briefly served as a holding company to consolidate the manufacturing and service capabilities of the ordnance-related companies, with the exception of Bofors-linked joint venture Allied Ordnance Company of Singapore (AOS), which later became a subsidiary of CIS in 1988. Sheng-Li Holding Company was later succeeded as the Singapore Technologies Holdings (SingTech, or ST) on 11 May 1990, through a series of restructure and re-consolidation following the introduction of its new corporate identity and sunburst logo in 1989.
The following companies were instrumental in the foundation of ST Engineering.
The Chartered Industries of Singapore (CIS) was established in 1967 as a munitions manufacturer to address the defense equipment needs of Singapore following its independence. The company's first facility, located in Jurong, began operations as an ammunition plant. Parts of this facility later became the Singapore Mint. Initially, CIS produced 5.56mm caliber ammunition for the Singapore Armed Forces (SAF), while simultaneously minting circulation coins for the Board of Commissioners of Currency of Singapore (BCCS). Both operations shared a workshop that supported both military and civilian markets.
In its early years, CIS focused on licensed manufacturing and subcontracted work for foreign ordnance producers. During this period, the company's engineers and technicians gained experience development and production of munitions across various calibers.