ST Kinetics has received two contracts worth a total of S$160m (US$124m) from the Singapore Armed Forces (SAF) for the maintenance and preservation of SAF vehicles and equipment.

The company will also provide fully integrated through-life support in the areas of aftersales support, repair, overhaul, upgrade, life extension, training and supply chain management.

The contracts are for four years each with an option for a two-year extension for the preservation contract and both the contracts will commence immediately.

ST Kinetics has been providing support services to SAF vehicles and their components for more than 15 years under a strategic sourcing contract.