U.S. Special Forces Selected Lockheed Martin for $5 Billion Soup to Nuts Treatment

July 16th, 2010

Via: Zacks:

Lockheed Martin Corp. won a contract from the U.S. Special Operations Command to provide full-scope logistics support to warfighters around the globe. The company will provide a wide range of mission-critical services, from aircraft and vehicle maintenance to IT and electronics support. The contract has a potential value of $5 billion spread over 10 years.

Under the contract, Lockheed Martin will repair and maintain the fleet of special operations aircraft, ground vehicles, weaponry and electronics equipment as well as manage a global supply chain of parts, warehouses, and depots. The company will also manage and upgrade the command’s critical infrastructure, from secure IT networks to worldwide facilities. Lockheed Martin will work with the Special Operations Forces Support Activity to implement leaner and more efficient business processes that will deliver more reliable, responsive support at lower costs and on shorter timelines.

One Response to “U.S. Special Forces Selected Lockheed Martin for $5 Billion Soup to Nuts Treatment”

  1. Eileen says:

    My long comment went into the wind.
    Lockheed Martin is amother distater. A corporation too big for its briches.
    Will be interesting to see if Lockheed
    can deliver on this contract.
    I’ve been watching Avatar once each weekend for several months now. Kind of a weird addiction.
    On one level the story is about when technology fails.
    Ya Ba Dabba Do.
    Technology is my lifeline. But if it must go to have humans like me live and thrive on this planet, I’m willing to let it go.

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