US Air Force extends contract with PTC

The US Air Force (USAF) has signed a new contract with PTC as part of its supply chain modernisation process.

The company, which has a base in Farnborough, has signed a five year contract worth up to $95m upon completion.

The USAF is using PTC's software, Servigistics, as the sole-source provider to plan and optimise its $76 billion service parts supply chain tuned to asset availability.

This expansion builds on the success of prior Servigistics deployments and enables the USAF to adopt additional functionality, phase out legacy systems, consolidate IT costs, and further improve readiness.

Abigail Strobell, programme manager with the Air Force Materiel Command at the Department of Defense, said:

“Our principal objective is maximising the readiness of assets and equipment. It is an immense and complex challenge. PTC’s Servigistics solution gives us confidence from a proven track record of success and powerful capabilities that will enable us to optimise our service parts supply chain.”

Leslie Paulson, general manager, Servigistics business unit at PTC, said the USAF supply chain was one of the most complex in the world.

He said: “The U.S. Air Force has one of the most sophisticated and complex service parts supply chain operations in the world. By embracing digital solutions like Servigistics, the USAF is transforming its service parts supply chain to optimise planning and logistics with its OEM network and strengthening the digital thread.”