Raytheon will provide services for the U.S. Marine Corps to support the Secondary Reparable program that will work to rebuild vehicle parts including engines, transmissions and electronics.
Raytheon said Monday the contract will cover an estimated 1,000 items to be serviced with a network of original equipment manufacturers, military depots and small business suppliers in an effort to meet cost-efficiency goals.
Dave Wajsgras, president of Raytheon’s intelligence segment, said the company’s sustainment aims to support warfighter readiness worldwide and help customers operate the equipment when needed.
Raytheon won the potential five-year, $250 million contract in June to provide logistics integration services for the Marine Corps’ ground equipment.
The company said the savings from the project would be re-invested on Marine Corps logistics projects to address mission readiness of vehicles.
Sixty percent of the revenues were passed to small businesses and meet supply chain efficiency targets for the U.S. Marine Corps Logistics Command.