Manila, Philippines, 8 February 2010 – Brazil’s navy will soon get some of the latest high-tech naval armaments with the delivery of five units of naval guns and an associated integrated logistics support (ILS) package from a unit of Singapore’s ST Engineering.
The land systems subsidiary of ST Engineering (Singapore Technologies Engineering), ST Kinetics, recently won a US$20.9 million (about S$29.4 million) contract from the Brazilian navy for the supply of 40mm L70 naval guns with mechanisms for more accurate target firing.
It is already the second order from the Brazilian navy, which is said to be the biggest in Latin America, with Allied Ordnance of Singapore (AOS), a wholly owned subsidiary of ST Kinetics.
AOS is in the process of completing the first order of two units of 40mm L70 naval gun with ILS package, which were ordered in 2007. The first naval gun will be installed on a Brazilian navy patrol vessel.
Delivery for the second order is expected in the last quarter of 2011 and to be completed by the end of 2013.
"The Brazilian navy's second order of ST Kinetics' 40mm L70 naval guns amid keen competition reflects their confidence in the quality and performance of our solution. We are delighted with this latest order and will ensure that we exceed all expectations of the esteemed Brazilian navy,” said Sew Chee Jhuen, president, ST Kinetics.
Latest technologies
The guns ordered offer some of the latest technologies currently available in the market.
ST Kinetics' 40mm L70 NADM330 naval gun features a full electric drive aiming system with brushless motors that enable quick and accurate target tracking; battery-powered operation that allows immediate and ever-ready activation; and 101 ready-to-fire rounds in a dual compartment magazine that provides immediate selection between two types of ammunition and ample ammunition for engagements without reloading.
These features give the gun the capability to instantly engage aerial and surface targets simultaneously.
Publicly listed ST Engineering said the recent contract “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.”
ST Engineering is an integrated engineering group providing solutions and services in the aerospace, electronics, land systems and marine sectors.
