Raytheon Awarded Phalanx Performance Based Logistics Contract Valued at Nearly $170 Million.

PR Newswire | February 28, 2007 | Copyright

LOUISVILLE, Ky., Feb. 28, 2007 /PRNewswire/ -- Raytheon Company has been awarded a five-year, $169.9 million Performance Based Logistics contract to manage the spare parts for the U.S. Navy's Phalanx Close-In Weapon System.

More than 1,100 part numbers amounting to more than 30,000 individual Phalanx parts are warehoused in Louisville where, for a firm-fixed-price, Raytheon, in partnership with United Parcel Service Supply Chain Solutions, guarantees delivery of spares to drop points within an agreed-to time frame.

"Reducing the operational support costs ...

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