FALLS CHURCH, Va., Oct. 10 /PRNewswire/ -- Raytheon Company (NYSE: RTN)
has been awarded two one-year contract extensions by the U.S. Marine Corps to
continue the supply chain management of spare parts for Maintenance Center
Albany, Ga., and Maintenance Center Barstow, Calif. The estimated $12.2
million Direct Vendor Support contracts will extend the period of performance
through September 2003.
Raytheon will continue to provide full inventory management services
directly to the Maintenance Centers for pre-expended bins and rotation stock
using its Real Time Logistics(SM) (RTL(SM)) process. RTL(SM) offers just-in-
time inventory management while reducing costs by combining proven processes
and streamlined management procedures with a powerful information technology
(IT) system. It reduces material investment, allows for order optimization,
and improves supply availability while improving response and delivery time.
"We look forward to continuing our partnership with the Marine Corps'
Maintenance Centers to provide just-in-time, best value logistics support,"
said John Carroll, Raytheon's director of Enterprise Information Systems
(EIS).
Since 2000, the Maintenance Centers have achieved substantial operational
improvements and savings in material expenses through lower procurement cost
and reduced inventory levels. Major weapon systems currently being supported
at Albany and Barstow include the M1A1 Abrams Main Battle Tank, M88 Retriever,
MK48 Trucks, Light Armored Vehicles (LAV), and Assault Amphibian Vehicles
(AAV).
In addition to the U.S. Marine Corps' contracts, Raytheon EIS has four
Industrial Prime Vender (IPV) contracts at U.S. Army Depots in Anniston, Ala.,
and Red River, Texas; and Naval Aviation Depots in North Island, Calif., and
Cherry Point, N.C. Across all sites, Raytheon manages more than 60,000
National Stock Numbers and 100,000 bins with a parts availability rate of 99.5
percent.
With headquarters in Lexington, Mass., Raytheon Company is a global
technology leader in defense, government and commercial electronics, and
business and special mission aircraft.
Editors' notes:
Traditionally known as an aerospace and defense electronics provider,
Raytheon provides a powerful combination of relevant technical skills and
extensive experience in system design to benefit a diverse base of customers
including the Defense Logistics Agency, Health and Human Services, and the
Department of Education. For more information on Raytheon's EIS Logistics
Solutions, visit http://www.raytheon.com/eis.
Contact:
Louise Muniak
703.849.1635
SOURCE Raytheon Company
 back to top
Related links:
http://www.raytheon.com
CONTACT:
Louise Muniak of Raytheon Company,
+1-703-849-1635
|
