Free Newsletters - Space News - Defense Alert - Environment Report - Energy Monitor
by Staff Writers
Johnstown, PA (SPX) Oct 11, 2012
Lockheed Martin has been awarded three new contracts to support the supply chain needs of the Republic of Korea Air Force and Navy.
Under the terms of the basic ordering agreements, Lockheed Martin will provide spare material and repair of military hardware for the Republic of Korea's fleet of F-16s and P-3 military aircraft.
The company has also provided these same services for the C-130 for nearly 13 years. These annual contracts have a $2 million ceiling and are funded incrementally.
"The establishment of these contracts with the Republic of Korea highlights the confidence our customers have in our capability to maintain critical spare parts and repair of military hardware for their weapon systems," said Janet Gohman, director, Global Supply Chain Services for Lockheed Martin's Mission Systems and Sensors business.
"We focus on delivering an effective and integrated supply chain to increase affordability and reduce turn-around-time for our customers."
Lockheed Martin provides supply chain support for U.S. and international governments as well as commercial customers at operational field sites.
The company has the capability to meet rush deliveries through its global network, providing value to customers by reducing emergency maintenance cycles.
Learn about nuclear weapons doctrine and defense at SpaceWar.com
Learn about missile defense at SpaceWar.com
All about missiles at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement|