Press Releases

Singapore, 7 December 2015 – Singapore Technologies Engineering Ltd (ST Engineering) today announced that it has streamlined its businesses in San Antonio, US in a move to strengthen the Group’s aircraft interior engineering capability and improve operational efficiency. As a result of this initiative, VT DRB Aviation Consultants, Inc. a subsidiary of Vision Technolog...

Singapore, 4 December 2015 – ST Aerospace, with an established global track record on aircraft maintenance and modifications, now extends its maintenance support from military forces, commercial airlines to the world’s first commercial spaceline. Its US affiliate company VT San Antonio Aerospace will be providing a series of D-level heavy maintenance checks on the Virgin Galactic’s Bo...

New investment will grow its aerospace sector’s composite manufacturing and repair capabilities Singapore, 3 May 2013 – Singapore Technologies Engineering Ltd (ST Engineering) today announced that ST Aerospace San Antonio, L.P. (STA San Antonio) has acquired substantially all of the assets of Turbo Mach, LLC (Turbo Mach), for a purchase consideration of US$250,000 (approximately S$3...

Singapore, 1 April 2013 - Singapore Technologies Engineering Ltd (ST Engineering) today announced that VT iDirect, Inc. (iDirect) has dissolved its wholly owned subsidiary, Intelect Technologies, LLC (Intelect).  iDirect is a subsidiary of Vision Technologies Systems, Inc. (VT Systems), a wholly owned subsidiary of ST Engineering in the US. Intelect has therefore ceased to be a subsidiary ...

Singapore, 22 January 2013 -- Singapore Technologies Engineering Ltd (ST Engineering) today announced that it has increased its shareholding in IV Phoenix Group Inc (PGI) from 95% to 97%, through Miltope Corporation (VT Miltope), a wholly-owned subsidiary of itsUS holding company Vision Technologies Systems, Inc. (VT Systems). This increase is due to the relinquishment of PGI shares by PGIs mi...

Singapore, December 31, 2012 -- Singapore Technologies Engineering Ltd (ST Engineering) today announced that further to the announcement made on December 17, 2012, Vision Technologies Aerospace Incorporated (VT Aerospace) has completed the acquisition of 100% equity interest in Volant Aerospace, LLC (Volant). The acquisition was completed following the fulfilment of customary conditions preced...

Singapore, 17 December 2012 -- Singapore Technologies Engineering Ltd (ST Engineering) today announced that Vision Technologies Aerospace Incorporated (VT Aerospace) has entered into an agreement to acquire 100% equity interest in Volant Aerospace, LLC (Volant), for a purchase consideration of US$13.1m approximately S$16m) subject to post closing adjustments. Following the acquisition, Volant ...

Singapore, August 6, 2012 -- Singapore Technologies Engineering Ltd (ST Engineering) announced today that further to its announcement on June 18, 2012, Vision Technologies Aerospace Incorporated (VT Aerospace) and Pemco World Air Services Inc. (PEMCO) have agreed to terminate their asset purchase agreement whereby VT Aerospace intended to acquire PEMCO's Tampa aerospace facility and certain oth...

Singapore, June 18, 2012 -- Singapore Technologies Engineering Ltd (ST Engineering) today announced that further to our announcement on June 8, 2012, Vision Technologies Aerospace Incorporated (VT Aerospace) has received approval from the United States Bankruptcy Court in the District of Delaware to acquire the Tampa aerospace maintenance facility and certain assets of Pemco World Air Services ...

Singapore, June 8, 2012 -- Singapore Technologies Engineering Ltd (ST Engineering) today announced that Vision Technologies Aerospace Incorporated (VT Aerospace) has made a successful bid for the Tampa aerospace maintenance facility and certain assets of Pemco World Air Services Inc. (PEMCO), including the Boeing 737 freighter conversion Supplemental Type Certificates, for a purchase considerat...