STEng – CNA
ST Engineering unit wins US$500m contract from US Army
ST Engineering said on Thursday that its unit, VT Miltope, has won a US$500 million contract to supply a maintenance support device system to the US army.
VT Miltope specialises in the design, development and production of rugged computers, servers and related peripherals that can operate in the most demanding environmental conditions.
The company will provide the US army with an “At Platform Automatic Test” systems maintenance support device.
The contract is not expected to have any material impact on ST Engineering’s assets and earnings for the current financial year.