|Bid||4.1300 x 0|
|Ask||4.1400 x 0|
|Day's range||4.1200 - 4.1800|
|52-week range||3.2100 - 4.2000|
|Beta (3Y monthly)||0.52|
|PE ratio (TTM)||25.56|
|Earnings date||6 Aug 2019 - 13 Aug 2019|
|Forward dividend & yield||0.15 (3.84%)|
|1y target est||3.96|
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Singapore Technologies Engineering Ltd said on Wednesday it has won a contract worth up to $1.94 billion to build as many as three icebreaker ships for the U.S. Navy. The U.S. Department of the Navy awarded VT Halter Marine, ST Engineering's shipbuilding business in Mississippi, a $746 million contract for the detail design and construction of the U.S. Coast Guard (USCG) polar security cutter, the Singapore-based company said in a statement.
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Singapore Technologies Engineering will buy Belgium-based satellite equipment maker Newtec Group NV for 250 million euros ($281.23 million). The company's UK-headquartered unit Singapore Technologies Engineering (Europe) will make a cash offer for Newtec, expanding its presence in the growing satellite communications industry, according to a ST Engineering statement issued late Wednesday. Once completed, it will also add to the ST Engineering's earnings from the second year onwards.