PTC Lands Potential $95M USAF Contract for Materiel Management Software
The U.S. Air Force has awarded software developer PTC a potential $95 million contract to expand its support of the service’s supply chain modernization program. The definitive contract includes a one-year base period of performance and four one-year option periods, PTC said Tuesday.
PTC said that USAF will increase its use of the company’s Servigistics service parts management software-as-a-service product.
Servigistics is a material planning system designed to help an organization maximize the utility of its equipment and optimize its use of inventory space, according to its product page. USAF uses Servigistics to manage its $76 million supply chain and ensure the availability of parts. USAF has used the tool to phase out legacy systems, lower information technology costs and improve force readiness, PTC said.
PTC said that USAF will expand its use of Servigistics as part of its Entire Supply Chain Analysis, Planning and Execution program.
The USAF Sustainment Center’s 449th Supply Chain Management Wing, which is made up of 3,000 logistics personnel, is in charge of the ESCAPE program, PTC added.
Jim Heppelmann, president and CEO of PTC, said the company will continue supporting USAF’s digital transformation and modernization efforts.
PTC noted that Servigistics is also in use in the U.S. Coast Guard and original equipment manufacturers like Boeing, Lockheed Martin and Northrop Grumman.
Category: Digital Modernization
Tags: Abigail Strobell AFMC digital transformation ESCAPE program Jim Heppelmann logistics PTC SaaS Servigistics supply chain modernization U.S. Air Force