ST Engineering's 3QFY2026 revenue up 9% y-o-y to $3.4 bil; eyes nuclear energy sector for future growth

The Edge Singapore11-12

The company has secured orders worth $5.6 billion in 3QFY2026, bringing the year to date total to $13.2 billion, and a total order book of $37.7 billion, a recordSingapore Technologies Engineering has...

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revenue up 9% y-o-y to $3.4 bil; eyes nuclear energy sector for future growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-11-12 22:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/capital/results/st-engineerings-3qfy2026-revenue-9-y-o-y-34-bil-eyes-nuclear-energy-sector-future?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>The Edge Singapore</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The company has secured orders worth $5.6 billion in 3QFY2026, bringing the year to date total to $13.2 billion, and a total order book of $37.7 billion, a recordSingapore Technologies Engineering has...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/st-engineerings-3qfy2026-revenue-9-y-o-y-34-bil-eyes-nuclear-energy-sector-future?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source 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Excluding the contribution from a divested business LeeBoy, the increase is 10%.\nThis brings the company's 9MFY2026 revenue to $10 billion, up 10% y-o-y, or up 13% excluding LeeBoy, a US construction equipment unit sold last September. \nThe top line growth was seen across its various major businesses but the fastest growth pace came from it urban solutions and satcom segment, which was up 15% y-o-y to $0.6 billion.\nDefence and public security generated the most revenue with $1.44 billion, up 8% y-o-y, or 12%, excluding LeeBoy.\nCommercial aerospace, meanwhile, was up 7% to $1.37 billion. \nST Engineering plans to pay an interim dividend of 5 cents, as previously guided. \nAs announced a fortnight ago, the company has secured orders worth $5.6 billion in the third quarter, bringing the year to date total to $13.2 billion, and a total order book of $37.7 billion, a record.\nThe company is also flagging further improvements in its efficiency, with 9MFY2029 opex to revenue ratio of 9%, down from as high as 12.1% in 2022.\nST Engineering is also reiterating plans to further explore opportunities in nuclear energy - in line with the widely-expected move by Singapore to have its own nuclear power generating capabilities.\nThe company says it is already collaborating with industry and research partners including A*STAR, Sembcorp Utilities, Commonwealth Fusion Systems, to be involved in specific areas such as factory-fabricated steel structures and tungsten coating for inner walls of fusion reactors.\nST Engineering is seeing possible new areas including command and control systems, maintenance, cyber security, advanced materials manufacturing and so on.\nST Engineering shares closed at $9.76 on Nov 12, up 0.21. Year to date, it is up more than 16%.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.53.0","shortVersion":"4.53.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2683574614","isCrawlerRequest":true}