Mon, Oct 13, 2008
Receives $514M Against Total Value
Boeing was recently awarded the initial phase of a new
three-year US Air Force contract to continue the C-17 Globemaster
III Sustainment Partnership (GSP) program following a decade of
comprehensive logistics support of C-17 fleets around the
world.
The Air Force awarded Boeing $514 million of the estimated $3
billion performance-based logistics (PBL) contract on October 1,
covering the beginning of fiscal year 2009. Boeing's proposal
included a significant decrease in dollars per flight hour that
will save the Air Force more than $200 million over three years
compared with the previous GSP contract.
Through the GSP program, Boeing and the Air Force work together
closely to manage a full range of C-17 sustainment activities, from
field support to depot-level maintenance to supply-chain
management, as well as aircraft modifications and upgrades. The
PBL-style contract allows customers to pay for a specified level of
readiness versus individual parts or services.
International C-17 customers in the United Kingdom, Australia,
Canada, Qatar and a consortium of NATO countries also participate
in the GSP program. Boeing says they benefit from Boeing's ability
to purchase materials in large quantities for the global C-17 fleet
as well as the emphasis on aircraft readiness.
"This contract marks the end of a very successful decade of C-17
support and the beginning of a new chapter in the GSP program's
life," said Gus Urzua, vice president of Boeing's Air Force
Integrated Logistics division. "We remain committed to providing
affordable world-class support. The C-17 has a critical mission,
and we will do whatever it takes to ensure it succeeds."
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