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(West Chester, PA, June 20, 2007) -- Haas TCM announced it has signed
a subcontract with Science Applications International Corporation
[NYSE: SAI] to support SAIC’s recently awarded prime contract
it won from the Defense Supply Center – Richmond, Va., (DSCR)
for privatization of chemicals and packaged petroleum, oils and
lubricants (POLs).
The firm-fixed-price, indefinite-delivery/indefinite-quantity
subcontract has a five-year base term and one five-year option period
consistent with SAIC’s prime contract. The prime contract
has a ceiling value of $6.2 billion, if the customer exercises all
options.
Both the subcontract and the prime contract result
from a government initiative to privatize the supply of chemicals
and POLs to the U.S. warfighter and other government operations.
SAIC will provide services formerly covered by the Defense Logistics
Agency (DLA) including comprehensive management of chemicals and
POLs to include demand forecasting, order processing, procurement,
inventory management, quality control, environmental compliance,
hazardous materials management, storage, packaging, worldwide distribution,
obsolescence management, data management and customer support services.
Haas TCM is SAIC’s primary subcontractor in this effort and
will provide a wide range of products and logistics services.
The goal of this performance-based program is to improve
overall product support by decreasing cycle times and increasing
the availability of chemicals and POLs to DLA customers at a lower
cost of ownership.
Using its chemical distribution infrastructure, JIT
work processes and tcmIS®, its state-of-the-art chemical lifecycle
management platform, Haas TCM will provide to SAIC and the U.S.
Government the service it has provided to its commercial aerospace
and defense industry customers.
“We have learned through collaboration with
our customers in the aerospace and defense industries how to better
manage the unique chemical-related business and environmental stewardship
challenges facing these industries”, said Thad Fortin, Chief
Executive Officer of Haas TCM. “We are thrilled to work with
SAIC to deliver this kind of value to the warfighter and the U.S.
government”, adds Fortin.
Haas TCM is headquartered in West Chester, Pa, with
about 350 employees, annual revenues of $240 million and operations
on four continents. Haas TCM currently provides chemical lifecycle
management services to customers in the automotive, aerospace, electronics,
semiconductors, energy, metalworking, transportation, food/beverage
and heavy equipment manufacturing industries.
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Contact: Paula Shiavo
484-564-4534
pschiavo@haastcm.com
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