Business

December 14, 2012

Aerojet announces MRO management agreement

Aerojet, a GenCorp company, announced Dec. 13 the recent signing of a multi-year master agreement with Storeroom Solutions, Inc. to deploy a flexible, integrated supply chain service model for all maintenance, repair and operations material requirements across the enterprise.

This alliance will unify all operating site locations and aggregate the total spend under a single enterprise Management Services Agreement.

SSI is a full-service provider of indirect materials management and is the fastest growing independent 3PMRO supply specialist in the country. SSI combines decades of experience and a passion for customer service with cutting-edge technology. Their best-in-class sourcing, inventory management and storeroom operations service model delivers the total solution – procurement, stocking, monitoring, staffing and storeroom management.

“The SSI agreement is another example of Aerojet’s Supply Chain/Materiel Management strategy of enterprise-wide supply agreements that drive affordability and efficiency for the company,” said Aerojet Supply Chain Vice President, Hal Martin.

The major benefit provided by this competitive agreement is SSI’s leveraged buying power, as well as the efficiencies that will result from using significantly fewer suppliers. Additional benefits include reduced material costs, improved inventory management (control, accuracy, optimization and integration with maintenance), 100 percent availability of critical spares, and improvements in productivity by moving parts closer to work areas (point of use). Starting in January, Aerojet’s Sacramento site will integrate into the MRO program. Early in the first quarter of 2013, the MRO program will be implemented simultaneously at the company’s Camden, Ark., Orange, Va., Vernon, Calif., and Redmond, Wash., sites.




All of this week's top headlines to your email every Friday.


 
 

 

Northrop Grumman signs long-term agreement with Raytheon

Northrop Grumman has entered a long-term agreement with Raytheon to supply its LN-200 Inertial Measurement Unit for Raytheon optical targeting systems. The long-term agreement with Raytheon’s Space and Airborne Systems business extends through 2018. The LN-200 provides camera stabilization on optical targeting systems that conduct long-range surveillance and target acquisition for various...
 
 
AAR-Textron

AAR awarded new contract from Bell Helicopter Textron to support T64 engines

AAR announced April 22 that Bell Helicopter Textron Inc. awarded its Defense Systems & Logistics business unit a contract providing warehouse and logistics services in support of upgrading T64 engines for the Bell V-280 Val...
 
 

Pratt & Whitney’s engine wins Gold Edison Award™

Pratt & Whitney’s PurePower® Geared Turbofan™ engine has been awarded Gold in the transportation- aviation category of the 2015 Edison Awards. Pratt & Whitney is a division of United Technologies Corp. “Our dedication to innovation and identifying ways to continuously improve is in our blood at Pratt & Whitney,” said Greg Gernhardt, president, Pratt &...
 

 

Boeing names Space Launch System VP

Boeing has named John Shannon to be vice president and program manager for the Space Launch System, which will provide NASA with heavy-lift capability to send people and cargo into deep space. Boeing is designing, developing, testing and manufacturing the core stages and avionics for SLS. Shannon succeeds Virginia “Ginger” Barnes, who is retiring. He...
 
 

Germany’s Jenoptik, Raytheon partner to produce new generators for global Patriot

Raytheon is partnering with the Jenoptik subsidiary Lechmotoren, a part of the Jenoptik Defense & Civil Systems division, to produce advanced power generators for the Patriot Air and Missile Defense system. Under terms of this new contract, Jenoptik will build power plants, power generators, test equipment and spares for one of Patriot’s global partners. Raytheon...
 
 

Boeing tops first quarter profit forecasts, airplane deliveries rise

Boeing delivered more commercial airliners in the first quarter, offsetting sluggish results in the defense side of its business and pushing its first-quarter earnings up 38 percent. The profit topped Wall Street expectations, but revenue was below forecasts, and production costs of the Boeing 787 jet continued to pile up. The shares fell about 4...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>