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ST Aerospace, an Authorised Service Centre in Asia Pacific
Singapore, 1 February 2010 - ST Aerospace today announced that its subsidiary, ST Aerospace Systems, has been appointed by Triumph Actuation Systems as an authorised service centre for the repair and overhaul of Power Transfer Units (PTUs) installed on A320 aircrafts. This agreement is for three years, with an option for renewal for an additional three years.
"We are excited about our appointment of ST Aerospace as an authorised service centre for the repair and overhaul of the Airbus A320 Single Aisle Power Transfer Unit. The combination of Triumph's expertise as the original equipment manufacturer of the PTU and the outstanding repair and overhaul capabilities of ST Aerospace forms an excellent partnership for supporting A320 operators in the Asian market." ~ Rick REED, President, Triumph Actuation Systems
"ST Aerospace is pleased to partner with Triumph Actuation Systems to bring support to Triumph's customers where they need them. As an authorised service centre, we continue to meet our customers' requirements by building a wider range of our capabilities to provide a complete repertoire of MRO services for various aircraft components. This agreement also attests to the confidence in ST Aerospace's proven capabilities and service performance. ST Aerospace will continue to enhance our partnership with OEMs to increase the value we bring to our customers" ~ Tay Kok Khiang, President, ST Aerospace
This announcement 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.
Triumph Actuation Systems has been manufacturing, designing and repairing complex hydraulic and hydro-mechanical aircraft components and systems. The company's diverse product line includes variable displacement pumps and motors, linear actuators, valves and numerous other components used on a wide range of commercial and military aircraft. Triumph Actuation Systems' extensive customer list includes every major airframe manufacturer in North America and Europe, including Boeing and Airbus. Please visit www.triumphgroup.com.
ST Aerospace (Singapore Technologies Aerospace Ltd) is the aerospace arm of ST Engineering. Operating a global MRO network with facilities in the Americas, Asia Pacific and Europe, it is the world's largest aircraft MRO provider with a global customer base that includes leading airlines, airfreight and military operators. ST Aerospace is an integrated service provider that offers a spectrum of maintenance and engineering services that include airframe, engine and component maintenance, repair and overhaul; engineering design and technical services; and aviation materials and management services, including Total Aviation Support. ST Aerospace has a global staff strength of more than 7,000 engineers and technical specialists. Please visit www.staero.aero.
Media Contact:
Audrey Tan Head, Corporate Communications ST Aerospace Tel: (65) 6380 6152 Fax: (65) 6280 8213 Email: audreytan@stengg.com
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