BETHESDA, Md., Nov. 4 (UPI) -- A partnership agreement establishing a common contract framework and pre-negotiated conditions has been signed by Lockheed Martin and the U.S. Air Force.
Lockheed Martin said the deal allows it to immediately execute specific implementation agreements with the Air Force Sustainment Center and their Air Logistics Complexes, which will lead to reducing costs and greater efficiency.
"This partnership ties directly into our Cost Effective Readiness initiatives," said. Lt. Gen. Bruce Litchfield, Air Force Sustainment Center commander. "As we continue to make internal improvements to the way we do business, the next logical step is to develop robust partnerships with industry.
"We view these partnerships as an opportunity to capitalize on the strengths of our organic enterprise and the defense industry's capabilities. Together we can find win-win solutions that deliver more Air Force readiness at less cost."
Added Lou Kratz, vice president, Logistics and Sustainment at Lockheed Martin: "This partnership agreement matures Lockheed Martin's relationship with the AFSC by providing a consistent framework across all ALCs with pre-negotiated terms and conditions.
"This allows us to implement specific work agreements rapidly and efficiently, drawing upon our complementary skills to effectively support our warfighters."
Additional details of the partnering agreement were not disclosed.
