Singapore Technologies Engineering Ltd (ST Engineering) today announced that further to its announcement dated 17 June 2015, its aerospace arm Singapore Technologies Aerospace Ltd (ST Aerospace) has completed its investment of an additional 20 per cent equity interest in Elbe Flugzeugwerke GmbH (EFW) with the Dresden-based aircraft MRO and conversion specialist now becoming a subsidiary of ST Aerospace. ST Aerospace now owns 55 per cent of the shareholding while Airbus Defence and Space … [Read more...] about EFW now subsidiary of ST Aerospace after further investment