PRNewswire-FirstCall/ -- Aviall, Inc., a wholly owned subsidiary of The Boeing Company (NYSE: BA - News) announced today that its team, led by Science Applications International Corporation (NYSE:SAI - News), has been selected by the Defense Supply Center - Richmond, Va., to supply a range of chemicals, packaged petroleum, oil and lubricant products.
The firm-fixed-price indefinite-delivery/indefinite-quantity contract won by SAIC has a five-year base term, one five-year option period and a ceiling value of $6.2 billion if the customer exercises all options.
During performance of this contract, SAIC will provide products and services previously covered by the Defense Logistics Agency including comprehensive management of chemicals and packaged petroleum, oils and lubricants to include demand forecasting, order processing, procurement, inventory management, quality control, environmental compliance, hazardous materials management, storage, packaging, worldwide distribution, obsolescence management, data management and customer support services. Aviall will be a strategic supplier of products and services to SAIC.
"The collaboration with SAIC to provide performance based supply support to the government is strategic for Aviall," said Dan. P. Komnenovich, Aviall Services president and chief operating officer. "This opportunity allows Aviall to offer its best-in-class supply chain capabilities and a large supplier network to SAIC and the U.S. Government."
SAIC looks forward to working with Aviall to improve product availability and lower the cost of ownership for the U.S. Government," said Mike McGovern, SAIC vice president of business development for the Logistics and Engineering Solutions Business Unit.
The companies are not disclosing terms of the transaction, which will not impact Boeing's financial guidance.
Source : Aviall
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