MARIETTA, Ga., Oct. 2 (UPI) -- Lockheed Martin has been honored by the U.S. Defense Department with a Performance Based Logistics award for the company's F-22 Raptor fighter aircraft program.
U.S. company Lockheed Martin received the PBL award for its F-22 aircraft readiness innovations, which officials say lower costs. Lockheed Martin partnered with the U.S. Air Force to implement a continuous aircraft reliability improvement program that reduced repair time by 20 percent, which led to the cost savings.
The PBL awards recognize outstanding achievements in performance-based logistics development, implementation and execution.
"We are honored by this recognition," Dennis Haines, Lockheed Martin F-22 sustainment vice president, said in a statement.
"The government-contractor team is a strong partnership providing rapid maturation of the F-22 support system and exceptional support to the war fighter."
