ST. LOUIS, Aug. 29, 2012 -- Boeing [NYSE: BA] has received an $85 million Performance-Based Logistics (PBL) contract for continued support of U.S. Air Force F-15 mechanically scanned and Active Electronically Scanned Array (AESA) radars. The new PBL contract replaces three previous support contracts with one overarching agreement.
"The Boeing Global Services & Support team has years of experience in partnering with the U.S. Air Force to support the F-15 fleet," said Julie Praiss, Boeing vice president, Tactical Aircraft & Weapons Support. "Now, with this PBL agreement, government and industry are working together to provide the best-value sustainment solution for the warfighter and the taxpayer.
PBL contracts require contractors to meet a set level of readiness, ensuring that the customer's required level of support is met and that the aircraft, system or components are available when needed. This lowers life-cycle costs while increasing mission capability rates.
"The Boeing team provides over-and-above support to ensure mission success, combat-ready aircraft and combat-ready airmen," said U.S. Air Force Col. Brian Beers, commander, 18th Maintenance Group.
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