Stratech wins second contract to upgrade surveillance system at Changi Airport
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Anita Gabriel
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The Stratech Group has clinched a contract to upgrade its iFerret intelligent airfield/runway surveillance and foreign object & debris (FOD) detection system at Singapore Changi Airport.
This follows an earlier contract that was awarded in April for the first phase of the iFerret upgrade.
With the latest upgrade, Changi Airport will have the world's most advanced iFerret system on its runways, said the airport solutions provider in an announcement.
Under the contract, the iFerretTM at Changi Airport will be enhanced with high definition electro-optic sensor technology and new software features, which will provide a panoramic view of the runway and sharper vision of any FOD detected on the air strip.
In addition, the firm said that an option for an initial period of five years under the contract awarded in April has also been exercised.
The contracts for both phases include options to install the system at the airport's upcoming third runway, maintenance and other works.
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Citing confidentiality factors, Stratech said it was unable to provide contract details but added that it is expected to contribute positively to its financials over the next five years.
Stratech shares closed 0.3 Singapore cent or nearly 6 per cent higher at 5.7 Singapore cents on Wednesday.
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