ST Engineering Q3 revenue rises 9% to $3.4 billion, declares interim dividend of 5 cents per share

Résumé détaillé

Order book hits record $37.7 billion as at end-September, up from $33.2 billion as at end-2025. Read more at straitstimes.com.

Defence and public security was the group’s largest revenue contributor for the nine-month period, generating some $4.3 billion.

SINGAPORE – ST Engineering’s revenue for the third quarter ended September rose 9% year on year to $3.4 billion, from $3.1 billion in the previous corresponding period, the group said on Nov 13.

The technology and engineering company declared a third-quarter interim dividend of five cents per share, up from four cents a year earlier. Its Q1 and Q2 dividends were four cents and five cents per share, respectively, bringing the total for the first three quarters to 14 cents per share.

For the first nine months of 2026, revenue increased 10% to $10 billion, from $9.1 billion in the same period a year earlier. Excluding LeeBoy, its US-based construction equipment business divested on Sept 4, 2025, revenue grew 13% on a rebased basis.

Defence and public security was the group’s largest revenue contributor for the nine-month period, generating some $4.3 billion, up 7% year on year. Excluding LeeBoy, revenue from the segment grew 13%. Q3 revenue rose 8% to $1.4 billion, or 12% on a rebased basis.

The increase was led by marine and digital systems and cybersecurity businesses. The segment secured $5.5 billion in new contracts in the first nine months, including $1.8 billion in Q3.

These included a five-year contract to supply 40mm ammunition to the British Ministry of Defence, projects involving defence command-and-control systems in Singapore, and maintenance and support services for the US Navy’s fleet.

Meanwhile, commercial aerospace revenue rose 12% to about $4.1 billion in the first nine months, supported by higher contributions from engine maintenance, repair and overhaul work and nacelles, a container for aircraft parts. Revenue for Q3 increased 7% to $1.4 billion.

The segment secured $4.2 billion in new contracts in the first nine months, of which $1.4 billion was won in Q3.

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