johnsonrod
Well-known member
- Joined
- Feb 25, 2006
- Posts
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Buddy sent me a link to a pprune thread suggesting Atlas will be ordering 12 777s to cover a new DOD contract. First, PPrune is highly suspect - I don't believe half the craaap I read on that website. Also, what about the impact of the sequester? Won't that impact any Atlas contract?
I have copied the post from the Pprune thread:
Just heard from a friend that heard from his friend that works in New York that 12 are on the way to cover the new DOD contract.
31 Aug 2013 16:17
AAWH GETS $171 Million Defense Contract
By Rich Smith
August 30, 2013
The U.S. Department of Defense announced no fewer than 35 separate contract awards, worth a combined $1.78 billion Friday.
A very significant portion of these funds, however, about 32%, was not spent on military hardware at all -- but on shipping costs.
Specifically, the U.S. Transportation Command awarded three contracts Friday, worth $171 million each, to hire FedEx (NYSE: FDX ) , UPS (NYSE: UPS ) , and Atlas Air Worldwide's (NASDAQ: AAWW ) Polar Air Cargo subsidiary to perform a second option year (out of four possible) on their respective indefinite delivery/indefinite quantity fixed-price contracts to perform Worldwide Express 5 (WWX-5) small package delivery services for the military.
All three of these contracts will now run through Sept. 30, 2014.
Incidentally, FedEx won a second defense contract for itself Friday, this being a $49.8 million option-year exercise hiring FedEx to perform "overpacking" and transportation of perishable substances for the Defense Commissary Agency and Defense Logistics Agency.
This contract, which specifically concerns the delivery of "primarily fresh fruits and vegetables," continues FedEx's contract to deliver such produce from the U.S. West Coast to Defense Department locations in Japan, Korea, Guam, and Alaska.
Unless extended further, it will run from Oct. 1, 2013 through Sept. 30, 2014.
So, will it happen? Are there enough 777F airframes available these days?
I have copied the post from the Pprune thread:
Just heard from a friend that heard from his friend that works in New York that 12 are on the way to cover the new DOD contract.
31 Aug 2013 16:17
AAWH GETS $171 Million Defense Contract
By Rich Smith
August 30, 2013
The U.S. Department of Defense announced no fewer than 35 separate contract awards, worth a combined $1.78 billion Friday.
A very significant portion of these funds, however, about 32%, was not spent on military hardware at all -- but on shipping costs.
Specifically, the U.S. Transportation Command awarded three contracts Friday, worth $171 million each, to hire FedEx (NYSE: FDX ) , UPS (NYSE: UPS ) , and Atlas Air Worldwide's (NASDAQ: AAWW ) Polar Air Cargo subsidiary to perform a second option year (out of four possible) on their respective indefinite delivery/indefinite quantity fixed-price contracts to perform Worldwide Express 5 (WWX-5) small package delivery services for the military.
All three of these contracts will now run through Sept. 30, 2014.
Incidentally, FedEx won a second defense contract for itself Friday, this being a $49.8 million option-year exercise hiring FedEx to perform "overpacking" and transportation of perishable substances for the Defense Commissary Agency and Defense Logistics Agency.
This contract, which specifically concerns the delivery of "primarily fresh fruits and vegetables," continues FedEx's contract to deliver such produce from the U.S. West Coast to Defense Department locations in Japan, Korea, Guam, and Alaska.
Unless extended further, it will run from Oct. 1, 2013 through Sept. 30, 2014.
So, will it happen? Are there enough 777F airframes available these days?