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| Stratech has secured a contract for its next-generation Super BullsEye® II Advanced Weapons Scoring System |
Singapore Exchange Mainboard-listed Stratech Systems Limited ("Stratech" or "the Group") announced that it has secured a contract from the Ministry of Defence, Singapore (MINDEF) for its next-generation Super BullsEye® II Advanced Weapons Scoring System.
Valued at S$1.46 million, this contract covers the supply, delivery, installation, testing and commissioning of an integrated bomb and gunnery scoring system.
"Stratech has been in the forefront of advanced technologies," says Dr. David K. M. Chew, Executive Chairman of Stratech. "Our domain expertise and track records in delivering real-time mission-critical systems has made Super BullsEye® II the right choice."
The Super BullsEye® II Advanced Weapons Scoring System is powered by Stratech's proprietary Intelligent Vision Technologies. A proven product that has been deployed and currently used by air forces and navies from several countries, the automated scoring system is capable of accurately scoring weapons impact day and night for air, sea and land forces and weapons development agencies. Its distinctive advantages include the ability to score over land and on water, its scoring accuracy, fast impact point measurement, as well as comprehensive scoring analysis.
In totality, the revenue from the contract is expected to be recognized in FY2011 and FY 2012.
