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In 2024, its Urban Solutions business was awarded a S$60m contract to design, build and operate a state-of-the-art smart city platform with citywide network connectivity for Lusail City, Qatar. Powered by AI, machine learning and data analytics, ST Engineering Urban Solution’s Agil Smart City Operating System will serve as the digital backbone of Lusail.<ref>{{Cite web |date=14 October 2024 |title=ST Engineering to provide smart city platform for Lusail City |url=https://www.smartcitiesworld.net/ai-and-machine-learning/st-engineering-to-provide-smart-city-platform-for-lusail-city/ |url-status=live |website=www.smartcitiesworld.net}}</ref>
ST Engineering is a major player in the defence and military industries. It was ranked Number 58 in the [[Stockholm International Peace Research Institute]]'s list of the world's top 100 defence manufacturers in 2023.
On December 12, 2024, ST Engineering signed a strategic agreement with Kazakhstan Paramount Engineering to set up in-country production capability for a new 8x8 armored vehicle.<ref>{{Cite web |date=2024-12-11 |title=ST Engineering adds Terrex facility in Kazakhstan |url=https://asiapacificdefencereporter.com/st-engineering-adds-terrex-facility-in-kazakhstan/ |access-date=2025-02-13 |website=APDR |language=en-AU}}</ref>
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