ST. LOUIS, Jan. 29, 2009 -- The Boeing Company [NYSE: BA] today announced it has received the U.S. Army Program Executive Office for Simulation, Training and Instrumentation's Omnibus Contract II (STOC II).
STOC II is a multiple-award, indefinite delivery/indefinite quantity (ID/IQ) contract with a $17.5 billion cap over as many as 10 years. As awardees, Boeing and wholly owned subsidiary Tapestry Solutions are eligible to bid over the life of the program on a variety of delivery and task orders, depending on the Army's needs.
Boeing Integrated Defense Systems' Training Systems and Services business unit will manage the STOC II program from St. Louis. Tapestry Solutions will manage its portion of the program from its facility in San Diego, focusing on simulation and exercise support.
"This contract allows us to provide a wide array of services for the warfighter, as well as expand further within the training and simulation markets," said Training Systems and Services Vice President Mark McGraw. "Boeing is uniquely qualified to respond to the quick turnaround time required by ID/IQ contracts."
Boeing uses a Streamlined Management and Response Tool to reduce response time on ID/IQ requests by quickly matching contract requirements to a database of suppliers. The company also can provide the high levels of technology and integration required to respond to all areas of STOC II: Boeing will use its Contractor Integrated Technical Information Service to provide a common, secure and controlled process of sharing data, applications and Web sites with external customers, suppliers and partners.
"Boeing's management organization is key to keeping costs down while enhancing our 'performance to plan,'" said McGraw. "We strive for continuous improvement, and our quality-management systems will help us meet the customer's schedule and cost requirements."
Boeing will work in close partnership with the Army Program Executive Office to provide management and oversight of all delivery and task orders awarded to the company within the STOC II environment.
A unit of The Boeing Company, Boeing Integrated Defense Systems
is one of the world's largest space and defense businesses specializing in innovative and capabilities-driven customer solutions, and the world's largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Integrated Defense Systems is a $32 billion business with 70,000 employees worldwide.