Navy awards GE F414 fleet support PBL contract

GE Aviation has been awarded a three-year (2015-2017), US$460m Performance Based Logistics (PBL) contract from the U.S. Navy covering the repair, replacement and program support for F414 engine components for the F/A-18 E/F and EA-18G Growler aircraft. This multi-year procurement arrangement is an availability-based contract providing operational readiness requirements for the F414 fleet through the Navy’s Fleet Readiness Centers West (Lemoore, CA) and Southeast (Jacksonville, FL). This contract builds on the success of a series of previous F414 PBL contracts dating back to 2002. Since the introduction of PBLs, the Navy has realized significantly lower acquisition costs with improved readiness while GE added considerable value to the military aftermarket. In addition to the Lynn plant, GE Supply Chain facilities in Hooksett, NH; Rutland, VT.; Wilmington, NC; and Madisonville, KY will provide parts for this PBL contract.