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Lockheed Martin in partnership with Damco
Copenhagen, Denmark - Damco completes first phase of the F-35 supply chain optimization effortThe purpose of this effort was to establish an F-35 supply network model that supports production and sustainment. The modeling provides Lockheed Martin Aeronautics Company (LMA) insight into Damco’s capability to address the value and service impacts of various potential transportation models. Specifically, Damco’s model optimizes transportation flows for all movements between suppliers, LMA, and other partners on the program. The analysis provides LMA with key information on cost, lead-time, capacity, and reliability for transportation routing and warehousing. This data enables informed decisions on routings that present an optimal balance of cost and risk to enable effective transition from design to operations.
“We have been pleased with the joint efforts into the Joint Strike Fighter program to review the solutions for the production and long-term sustainment of the program. This alliance brings a comprehensive set of solutions to manage the complexities inherent in international supply chains across multiple industries. The methodology, technology and global experience will add a new dimension to the solutions we provide for our customers globally,” says Martin Thaysen, Chief Commercial Officer of Damco.
Moreover, Lockheed Martin Corporation and Damco have formed a broader cooperative alliance to collaborate on joint business pursuits across a diverse business segments range also involving other business units within the A.P. Moller - Maersk Group. The MOU establishes a collaborative business arrangement for the purpose of identifying and analyzing potential business opportunities that will leverage their capabilities, assets, and worldwide infrastructure in the defense, logistics and transportation market sectors.
“Lockheed Martin is entering into this strategic relationship with Damco/Maersk to improve customer support and to extend our combined, award-winning logistics capabilities to new customers,” said Lou Kratz, Lockheed Martin Vice President, Logistics & Sustainment. “Together, our goal is to offer high-quality technological global delivery system solutions that benefit our customers and partners. Lockheed Martin’s continued success is predicated on building strong global partnerships, and we are eager to be expanding our relationship with Damco.”
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