ST Aerospace is dissolving its joint venture company with BAE Systems, Singapore British Engineering (SBE), the company announced Monday.
ST Aerospace is dissolving its joint venture company with BAE Systems, Singapore British Engineering (SBE), the company announced Monday. ST Aerospace said the 51%-owned subsidiary has begun voluntary winding up. SBE was created to market BAE Systems’ avionics and defense products in Singapore. “The decision to liquidate SBE was mutually agreed upon between ST Aerospace and BAE Systems, and a result of ongoing engagement and reviews between the partners to better ...
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