Singapore Technologies Aerospace announced a massive freighter conversion deal with FedEx Express yesterday covering 87 757s, with ST Aero President Tay Kok Khiang putting the value of the contract at $450-$470 million over the seven-year life of the program. Work will be done at ST Mobile Aerospace Engineering in Mobile, Ala., using an STC developed and owned by ST Aero based on data licensed from Boeing, including design and certification data from a previous 757 passenger-to-freighter ...

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