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Sunday, August 17, 2008
Raytheon Awarded U.S. Air Force Sustainment Contract
Raytheon Awarded U.S. Air Force Sustainment Contract
RESTON, Va., Aug. 6, 2008 /PRNewswire/ -- Raytheon Technical Services Company (RTSC) LLC, a subsidiary of Raytheon Company (NYSE: RTN), has received a seven-year, indefinite delivery-indefinite quantity (IDIQ) contract to provide sustainment support for all U.S. Air Force-operated weapon systems, support systems, subsystems, components, and related services. This multiple contractor award has an estimated ceiling value of $6.9 billion.
The Future Flexible Acquisition and Sustainment Tool (F2AST) IDIQ contract is a re-compete of the Warner Robins Air Logistics Center (WR-ALC) Flexible Acquisition and Sustainment Tool (FAST) and the U.S. Air Force Integrated Weapon System Support Program. The contract began July 23 and will end July 22, 2011, and could be extended up to four years to July 22, 2015. WR-ALC is located at Robins Air Force Base, Warner Robins, Ga.
"The Raytheon team will offer the F2AST users the ability to upgrade platforms with the latest technology with significantly reduced cycle times," said Wayne Iurillo, vice president and general manager of RTSC's Customized Engineering and Depot Support business unit. "Raytheon and our partners are committed to providing a wide range of engineering and mission support services that will help protect the warfighter."
"We are delighted Raytheon was selected as a F2AST prime contractor," said Susan Haeseler, director of the Raytheon IDIQ Service Center. "This sustainment IDIQ contract vehicle gives us the opportunity to provide development, modifications, depot maintenance and related services to the warfighter with speed and agility."
RTSC provides technology solutions for defense, federal and commercial customers worldwide. RTSC specializes in Mission Support (including installation, integration, maintenance, training and logistics support), counterproliferation and counterterrorism, homeland security solutions, base and range operations and customized engineering and manufacturing.
Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 86 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and
command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 72,000 people worldwide.
Note to Editors:
This contract award was originally announced by the Department of Defense July 23, 2008.
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