Stratech’s iFerret granted Buy American Waiver

During Dec 2010 the FAA announced that they would issue a Nationwide Buy American Waiver for the Trex Aviation Systems’ FOD Finder XF* and QinetiQ’s Tarsier FOD System (article). Today it’s the turn of the iFerret system from Stratech. Better late than never I guess.

Stratech’s iFerret™ Granted Buy American Waiver

Singapore, 7 May 2012 – Singapore Exchange Mainboard-listed Stratech Systems today announces that its iFerret™ intelligent Airfield/Runway Surveillance and FOD (Foreign Object & Debris) Detection System has been granted a Buy American Waiver by the FAA (Federal Aviation Administration).

The Buy American Preferences regulations require purchases in AIP (Airport Improvement Program) funded projects to be produced in the U.S. The FAA however has the authority to waive the Buy American Preferences if certain conditions are met.

With the Waiver, iFerret™ is now officially on the FAA’s Buy American Conformance List1. As stated by the FAA, this is a list of equipment that is frequently used on AIP funded projects that meets the Buy American requirements or has been issued a Nationwide Waiver. The Nationwide Waiver will allow iFerret™ to be used on AIP funded projects without having to receive separate waivers for each project. This enables projects to start quickly, while still ensuring the funds used for airport projects are being directed to manufacturers that meet the Buy American requirements.

The AIP2 provides grants to qualifying airports for improvement projects that enhance airport safety, capacity, security and environmental concerns. iFerret™ had recently received FAA approval3, which is another significant development because airports that purchase FOD Detection Systems assessed by the FAA to be compliant with requirements are eligible for AIP grants. This Waiver ensures conformance with the Buy American Preferences—another requirement for AIP grants.

Stratech Executive Chairman, Dr David K.M. Chew, said, “The Buy American Waiver allows iFerret™ a good opportunity to establish itself in the vast U.S. market. This is another important milestone following the recent FAA accreditation.”

Source (Stratech website)

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