Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.

Publish Date : 12-Oct-2012

Boeing Co said on Wednesday that it had received a US$2 billion contract to continue providing logistics support for the US military\'s fleet of C-17 transport planes through 2017.

The contract includes support for the aircraft, forecasting, purchasing and material management under a Performance-Based Logistics program that began in 1988.

Boeing said the sustainment program, which has expanded to 246 aircraft from 42, helps lower costs through economies of scale.

Under performance-based logistics contracts, customers receive an agreed level of system readiness instead of paying for a specified number of spare parts.

Go to previous page