Newsletter Subscription


Friday, Oct 24, 2014


LM To Provide Supply Chain Support to the Republic of Korea's Military Services

Lockheed Martin [NYSE: LMT] 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 & 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.

Source : Lockheed Martin Corporation (NYSE: LMT)

Published on ASDNews: Oct 11, 2012

 

Defence Logistics 2015 Conference

Feb 18 - 20, 2015 - London, United Kingdom

Register More info


Cyber Intelligence Asia 2015 Conference

Apr 21 - 24, 2015 - Manilla, Philippines

Register More info


Unmanned Aerial Systems Conference

Nov 17 - 18, 2014 - London, United Kingdom

Register More info


Additive Manufacturing for Government 2014 Conference

Dec 8 - 10, 2014 - Washington, United States

Register More info


Offshore Patrol Vessels Middle East Conference

Dec 8 - 10, 2014 - Abu Dhabi, United Arab Emirates

Register More info


© 2004-2014 • ASDNews • be the first to know • contact usterms & conditionsprivacy policyadvertisingfaqs