MOORESTOWN, N.J., Sept. 15 (UPI) -- The Defense Logistics Agency has awarded Lockheed Martin a 10-year deal for the company to sustain all of the U.S. military's land-based vehicles.
The DLA contracted U.S company Lockheed Martin under the Fleet Automotive Support Initiative-Global program. Officials say Lockheed Martin will be responsible for the sustainment of the Defense Department's ground vehicles through maintaining supply-chain logistics with more than 350 suppliers along with inventory management.
The FASI-G contract is worth up to $5.6 billion over 10 years.
"For the war fighter, it comes down to having the right parts at the right place at the right time, every time," Dave Broadbent, Lockheed Martin representative, said in a statement.
"Supply chain management plus allows us to model the total supply chain to meet customer surge requirements and provide forecasting to assist our suppliers -- many of them small U.S. businesses -- in their own planning."