SINGAPORE — Further to its announcement on 7 November 2022, Singapore Technologies Engineering Ltd (ST Engineering) wishes to announce that the divestment of the entire issued and outstanding equity interests in its U.S. Marine subsidiaries, VT Halter Marine, Inc (Halter Marine) and ST Engineering…

With over 50 billion euros in the defense budget for 2023 and around 8.4 billion euros from the Special Fund, further important investments in the best possible material and equipment for the Bundeswehr can be made in the coming year. The Budget Committee of the German Bundestag approved the draft b…