Lockheed Martin renews F-35 Supply Chain Optimisation Collaboration with Damco
Madison, New Jersey, September 13, 2010 – Lockheed Martin signed a new multi-year contract with Damco’s Government Services Team for supply network modeling for the F-35. The purpose of this continuing effort is to establish an F-35 supply network model that supports production and sustainment through December, 2012. The modeling provides Lockheed Martin Aeronautics Company (LMA) insight into Damco’s capability to address the value and service impacts of various potential transportation models. Specifically, Damco’s model optimises transportation flows for all movements between suppliers, LMA, and other partners on the program. The analysis provides LMA with key information on cost, lead-time, capacity, and reliability for transportation routing and warehousing. This data enables informed decisions on routings that present an optimal balance of cost and risk to enable effective transition from design to operations.
“This effort represents the largest aerospace modeling effort globally, as well as the largest in North America to-date for Damco,” said Jeremy Haycock, President of Damco USA Inc. “We have been pleased with the continued collaboration efforts into the Joint Strike Fighter program to review the solutions for the production and sustainment of the program. This demonstrates a strong, growing alliance between Lockheed Martin and Damco.”
Moreover, Lockheed Martin Corporation and Damco have formed a broader cooperative alliance to collaborate on joint business pursuits across a diverse business segments range also involving other business units within the A.P. Moller – Maersk Group. The MOU establishes a collaborative business arrangement for the purpose of identifying and analysing potential business opportunities that will leverage their capabilities, assets, and worldwide infrastructure in the defense, logistics and transportation market sectors.
“Lockheed Martin is entering into this strategic relationship with Damco/Maersk to improve customer support and to extend our combined, award-winning logistics capabilities to new customers,” said Lou Kratz, Lockheed Martin Vice President, Logistics & Sustainment. “Together, our goal is to offer high-quality technological global delivery system solutions that benefit our customers and partners. Lockheed Martin’s continued success is predicated on building strong global partnerships, and we are eager to be expanding our relationship with Damco.”
About Damco
Damco is the combined brand of the A.P. Moller - Maersk Group's logistics activities.
Damco offers a broad range of supply chain management and freight forwarding services to customers all over the world, and has 10,500 employees in over 280 owned offices across 90 countries with representation in 120 countries in Africa, Asia, Australia, North America, Europe, Middle East, and Latin America.
In 2009, the company had a net turnover of over USD 2.0 billion, managed more than 2.3 million TEU of ocean freight and supply chain management volumes and air freighted more than 60,000 tons.
Damco is an independent business activity within the A.P. Moller - Maersk Group.
For more information, please visit www.damco.com.
For more information on Damco's Supply Chain Management services in North America, please contact Mark Byrne, Marketing at +1-973-514-5126 or e-mail at mark.byrne@damco.com
“This effort represents the largest aerospace modeling effort globally, as well as the largest in North America to-date for Damco,” said Jeremy Haycock, President of Damco USA Inc. “We have been pleased with the continued collaboration efforts into the Joint Strike Fighter program to review the solutions for the production and sustainment of the program. This demonstrates a strong, growing alliance between Lockheed Martin and Damco.”
Moreover, Lockheed Martin Corporation and Damco have formed a broader cooperative alliance to collaborate on joint business pursuits across a diverse business segments range also involving other business units within the A.P. Moller – Maersk Group. The MOU establishes a collaborative business arrangement for the purpose of identifying and analysing potential business opportunities that will leverage their capabilities, assets, and worldwide infrastructure in the defense, logistics and transportation market sectors.
“Lockheed Martin is entering into this strategic relationship with Damco/Maersk to improve customer support and to extend our combined, award-winning logistics capabilities to new customers,” said Lou Kratz, Lockheed Martin Vice President, Logistics & Sustainment. “Together, our goal is to offer high-quality technological global delivery system solutions that benefit our customers and partners. Lockheed Martin’s continued success is predicated on building strong global partnerships, and we are eager to be expanding our relationship with Damco.”
About Damco
Damco is the combined brand of the A.P. Moller - Maersk Group's logistics activities.
Damco offers a broad range of supply chain management and freight forwarding services to customers all over the world, and has 10,500 employees in over 280 owned offices across 90 countries with representation in 120 countries in Africa, Asia, Australia, North America, Europe, Middle East, and Latin America.
In 2009, the company had a net turnover of over USD 2.0 billion, managed more than 2.3 million TEU of ocean freight and supply chain management volumes and air freighted more than 60,000 tons.
Damco is an independent business activity within the A.P. Moller - Maersk Group.
For more information, please visit www.damco.com.
For more information on Damco's Supply Chain Management services in North America, please contact Mark Byrne, Marketing at +1-973-514-5126 or e-mail at mark.byrne@damco.com