Raytheon has been selected by the US Air Force to bid for a $20.9 billion training Systems Acquisition III (TSA III) contract.
The contract allows company to bid on delivery orders for over 10 years.
Under this Air Force Life Cycle Management Center contract, Raytheon will compete to provide lifecycle management for aircrew, maintenance and systems-specific training systems on a global basis.
"We are more than ready to support the US Air Force to maintain mission readiness when and wherever needed," said Dave Wajsgras, president of Raytheon Intelligence, Information and Services.
"This is a perfect opportunity for us to build on Raytheon's exemplary record of cost-effective, best-in-class training services." Wajsgras added.
As a supplier of training services to the US Army, Raytheon has made investments in systems, facilities and partnerships that have helped save the customer more than $300 million since 2007, "while performing at best-in-class levels of training effectiveness and efficiency." Wajsgras said.
Raytheon has developed the Automated Toolset for Lifecycle Activities and Services Management Information System (ATLAS MIS), a web-based suite of tools that enables real-time management oversight in the areas of finance, property and training device sustainment.
In use for the US Army's Warfighter FOCUS program, the system can accurately track more than 30 million spare and repair parts and provide lifecycle management data to more than 6,000 users and 150 companies across 400 locations around the world.