Lockheed Martin nabs S-3 vendor-support contract
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Manufacturing News, Source : TheManufacturer.com
Published : 13 Dec 2005 22:13
Lockheed Martin was awarded its second S-3 aircraft Prime Vendor Support (PVS) program contract by the US Navy, a contract valued at $21.7 million with a ceiling of $28.5 million.
Under the PVS concept, Lockheed Martin, along with Naval Air Systems Command (NAVAIR), Defense Logistics Agency (DLA), and Naval Aviation Inventory Control Point (NAVICP) work in concert to provide engineering, logistics, and material services in support of S-3B Viking aircraft fleet operations. If all options are exercised, this latest contract will coincide with the decommissioning of the last US Navy S-3 Viking squadron in 2009.
Through the S-3 PVS program, turnaround time for scheduled aircraft maintenance has been reduced by 25 percent; the overall material condition and availability of deployed aircraft improved; and the depth and range of technical support provided to aircraft maintainers and operators has also improved markedly. Other successes include a 50 percent reduction in depot level scheduled maintenance costs and a 27 percent increase in aircraft availability.
Major Lockheed Martin subcontractors on the PVS program include: Logistics Support International (LSI) based in Jacksonville, FL; American Valley Aviation (AVA) based in Quincy, CA; Applied Technical Services (ATS) of Marietta, GA; and Lockheed Martin Aircraft and Logistics Centers (LMALC) in Greenville, SC.
Lockheed Martin employs about 135,000 people worldwide and reported 2004 sales of $35.5 billion.
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