ST Engineering's Electronics Arm Secures $16.9 M MINDEF Contract to Supply Thermal Weapon Sights

(Singapore, March 26, 2007) -- Singapore Technologies Engineering Ltd (ST Engineering) today announced that its electronics arm, Singapore Technologies Electronics Limited (ST Electronics), has been awarded a $16.9m contract by the Ministry of Defence (MINDEF) for the supply of lightweight thermal weapon sights to the Singapore Armed Forces (SAF). The contract was awarded through ST Electronics' subsidiary, STELOP Pte Ltd. The project will start immediately and be completed in 2009.

This contract award 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.


The thermal weapon sights will be mounted onto general purpose machine guns, enabling the gunners to detect and engage targets at long range, day or night, as well as under adverse weather and harsh operational environmental conditions, e.g. through battlefield smoke.

The lightweight thermal weapon sight serves to enhance the night-fighting capabilities of the SAF by extending the night observation and engagement range of its crew-served weapons.

"Our capabilities in electro-optics and thermal imaging solutions play a vital part in enhancing some SAF systems. With our experience in providing, supporting and servicing our systems and solutions for the SAF, ST Electronics will continue to be a long term partner of the SAF as it evolves as a 3rd Generation defence force." ~ SEAH Moon Ming, President, ST Electronics

Source : ST Engineering Ltd.