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Business/Financial

Lockheed Martin Receives AH-64 Apache PBL Follow-On Contract

DDN

Thursday, April 10th, 2008

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Lockheed Martin [LMT] received a follow-on potential $76.6 million contract for 2008 for Performance Based Logistics (PBL) to support the Target Acquisition Designation Sight/Pilot Night Vision Sensor (TADS/PNVS) and Modernized TADS/PNVS (MTADS/PNVS) systems on the AH-64 Apache helicopter. The original PBL contract, awarded in early 2007, established a system of continuous improvements supporting the AH-64 Apache TADS/PNVS and M-TADS/PNVS programs. The PBL contract provides complete post-production supply chain management, including spares planning, procurement, repairs, maintenance, modifications and inventory management of…

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