T-45 logistics contract awarded by the Navy

Vertex, a subsidiary of L-3 Company, was awarded a contract to provide logistics support to the Navy’s fleet of T-45 training aircraft. The contract, if all options are awarded, is worth over $500 M. The T-45 is used by both the Navy and Air Force to provide jet training for their flight personnel. Boeing teamed with L-3 to provide the parts management. The military has turned to Contractor Logistics Support (CLS) for a variety of systems - ground and air - in a bid to lower costs. One of the major areas is that the Department of Defense does not need to invest in a large pool of spare parts; relying on the contractor to do that.

See the press release at MarketWatch.com.