Boeing could earn up to $6 billion over the next eight years by sustaining the 120 C-17 Globemaster III military transports which the US Air Force intends to buy.
The USAF has awarded Boeing an initial maintenance and support contract, worth $161 million in the first year, with an option for two more years taking the value of the work to $800 million. Five additional years of work could follow.
The programme combines interim contractor support, depot-level support, and engine-logistics support, which involves Pratt & Whitney and United Airlines.
The USAF expects to implement cost-performance measures such as power-by-the-hour for the C-17 during fiscal year 2001.
Source: Flight International
