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Performance-based Contracting
Performance based contracting (PBC), also known as performance-based logistics (PBL) or performance-based acquisition, is a product and services purchasing strategy used to achieve measurable supplier performance. A PBC approach focuses on developing strategic performance metrics and directly relating contracting payment to performance against these metrics. Common metrics include availability, reliability, maintainability, supportability and total cost of ownership. The primary means of accomplishing this are through incentivized, long-term contracts with specific and measurable levels of operational performance defined by the customer and agreed on by contracting parties. The incentivized performance measures aim to motivate the supplier to implement enhanced practices that offer improved performance and cost effective. This stands in contrast to the conventional transaction-based, or waterfall approach, where payment is related to completion of milestones and project deliverable ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Performance-based Logistics
Performance-based logistics (PBL), also known as performance-based life-cycle product support,Ilias Solutions, N.V.Performance Based Logistics accessed 24 December 2022 is a defense acquisition strategy for cost-effective weapon system support which has been adpted in particular by the United States Department of Defense. Rather than contracting for the acquisition of parts or services, DoD contracts to secure outcomes or results. Under PBL, the product support manager identifies product support integrator(s) (PSI) to deliver performance outcomes as defined by performance metric(s) for a system or product. The integrator often commits to this performance level at a lower cost, or increased performance at costs similar to those previously achieved under a non-PBL or transactional portfolio of product support arrangements for goods and services. As the preferred approach to supporting weapon system logistics, it seeks to deliver product support as an integrated, affordable performa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island country by area, covering . New Zealand is about east of Australia across the Tasman Sea and south of the islands of New Caledonia, Fiji, and Tonga. The country's varied topography and sharp mountain peaks, including the Southern Alps, owe much to tectonic uplift and volcanic eruptions. New Zealand's capital city is Wellington, and its most populous city is Auckland. The islands of New Zealand were the last large habitable land to be settled by humans. Between about 1280 and 1350, Polynesians began to settle in the islands and then developed a distinctive Māori culture. In 1642, the Dutch explorer Abel Tasman became the first European to sight and record New Zealand. In 1840, representatives of the United Kingdom and Māori chiefs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lockheed Martin
The Lockheed Martin Corporation is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland, in the Washington, D.C. area. Lockheed Martin employs approximately 115,000 employees worldwide, including about 60,000 engineers and scientists as of January 2022. Lockheed Martin is one of the largest companies in the aerospace, military support, security, and technologies industry. It is the world's largest defense contractor by revenue for fiscal year 2014.POC Top 20 Defence Contractors of 2014 . Retrieved: July 2015 In 2013, 78% of Lockheed Martin's revenues came from military sales; [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GE Aviation
GE Aviation, a subsidiary of General Electric, is headquartered in Evendale, Ohio, outside Cincinnati. GE Aviation is among the top aircraft engine suppliers, and offers engines for the majority of commercial aircraft. GE Aviation is part of the General Electric conglomerate, which is one of the world's largest corporations. The division operated under the name of General Electric Aircraft Engines (GEAE) until September 2005. GE Aviation's main competitors in the engine market are Pratt & Whitney and Rolls-Royce. Not only does GE Aviation manufacture engines under its own umbrella, it also partners with other manufacturers. CFM International, the world’s leading supplier of aircraft engines and GE’s most successful partnership, is a 50/50 joint venture with the French company Safran Aircraft Engines. As of 2019, CFM International holds 39% of the world's commercial aircraft engine market share (while GE Aviation itself holds a further 16%). GE and Safran also operate anot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Collins Class Submarine
The ''Collins''-class submarines are Australian-built diesel-electric submarines operated by the Royal Australian Navy (RAN). The ''Collins'' class takes its name from Australian Vice Admiral John Augustine Collins; each of the six submarines is named after significant RAN personnel who distinguished themselves in action during . The six vessels were the first submarines built in Australia, prompting widespread improvements in Australian industry and delivering a sovereign (Australian controlled) sustainment/maintenance capability. Planning for a new design to replace the RAN's submarines began in the late 1970s and early 1980s. Proposals were received from seven companies; two were selected for a funded study to determine the winning design, which was announced in mid-1987. The submarines, enlarged versions of Swedish shipbuilder Kockums' and originally referred to as the Type 471, were constructed between 1990 and 2003 in South Australia by the Australian Submarine Corpora ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Australian Armoured Corps
The Royal Australian Armoured Corps (RAAC) is a corps of the Australian Army which provides the Australian Defence Force's armour capability. Armour combines firepower, mobility, protection and networked situational awareness to generate shock action and overmatch in close combat. Armour is an essential element of the combined arms approach that is employed by the Australian Army. The RAAC has its origins in the Australian Tank Corps, which was formed in 1928. The Australian Armoured Corps was formed on 9 July 1941 to administer those personnel whose primary function is to operate, instruct or manage Army's Armoured Fighting Vehicles (AFV). As a result of the increasing mechanisation of the Army, the Armoured Corps absorbed the Australian Light Horse, Australia's Cavalry of World War One fame, on 8 May 1942. The Armoured Corps was granted the 'Royal' prefix in 1948 in recognition of its service during the Second World War. Today the RAAC provides administrative support to its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anzac Class Frigate
The ''Anzac'' class (also identified as the ''ANZAC'' class and the MEKO 200 ANZ type) is a ship class of ten frigates; eight operated by the Royal Australian Navy (RAN) and two operated by the Royal New Zealand Navy (RNZN). During the 1980s, the RAN began plans to replace the River-class destroyer escorts (based on the British Leander Class) with a mid-capability patrol frigate and settled on the idea of modifying a proven German design for Australian conditions. Around the same time, the RNZN was seeking to replace their ''Leander''-class frigates while maintaining blue-water capabilities. A souring of relations between New Zealand and the United States of America in relation to New Zealand's nuclear-free zone and the ANZUS security treaty prompted New Zealand to seek improved ties with other nations, particularly Australia. As both nations were seeking warships of similar capabilities, the decision was made in 1987 to collaborate on their acquisition. The project name (and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eurofighter Typhoon
The Eurofighter Typhoon is a European multinational twin-engine, canard delta wing, multirole fighter. The Typhoon was designed originally as an air-superiority fighter and is manufactured by a consortium of Airbus, BAE Systems and Leonardo that conducts the majority of the project through a joint holding company, Eurofighter Jagdflugzeug GmbH. The NATO Eurofighter and Tornado Management Agency, representing the UK, Germany, Italy and Spain, manages the project and is the prime customer. The aircraft's development effectively began in 1983 with the Future European Fighter Aircraft programme, a multinational collaboration among the UK, Germany, France, Italy and Spain. Previously, Germany, Italy and the UK had jointly developed and deployed the Panavia Tornado combat aircraft and desired to collaborate on a new project, with additional participating EU nations. However disagreements over design authority and operational requirements led France to leave the consortium to deve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boeing Defense, Space & Security
Boeing Defense, Space & Security (BDS) is a division (business unit) of The Boeing Company based in Arlington, Virginia. It is responsible for defense and aerospace products and services. It was formerly known as Boeing Integrated Defense Systems (IDS). Boeing Integrated Defense Systems was formed in 2002 by combining the former "Military Aircraft and Missile Systems" and "Space and Communications" divisions. Boeing Defense, Space & Security makes Boeing the second-largest defense contractor in the world, and was responsible for 45% of the company's income in 2011."Defense News Top 100" (for 2011 using 2011 data). ''''. Boeing Defense, Space & Security is a conso ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BAE Systems Hawk
The BAE Systems Hawk is a British single-engine, jet-powered advanced trainer aircraft. It was first flown at Dunsfold, Surrey, in 1974 as the Hawker Siddeley Hawk, and subsequently produced by its successor companies, British Aerospace and BAE Systems. It has been used in a training capacity and as a low-cost combat aircraft. Operators of the Hawk include the Royal Air Force (notably the Red Arrows display team) and several foreign military operators. The Hawk is still in production in the UK and under licence in India by Hindustan Aeronautics Limited (HAL), with over 900 Hawks sold to 18 operators around the world. Development Origins In 1964, the Royal Air Force specified a requirement (Air Staff Target, AST, 362) for a new fast jet trainer to replace the Folland Gnat. The SEPECAT Jaguar was originally intended for this role, but it was soon realised that it would be too complex an aircraft for fast jet training and only a small number of two-seat versions were purchas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defence Materiel Organisation
The Capability Acquisition and Sustainment Group (CASG) is an organisation within the Department of Defence (Australia), Australian Department of Defence, responsible for Military acquisition, acquisition and Military supply chain management, supply chain management of military equipment and materiel including aircraft, ships, vehicles, electronic systems, uniforms and rations for the Australian Defence Force. CASG employs more than 7000 military, civilian and contracted staff in more than 70 locations around Australia and internationally. CASG was established in June 2015 after the Defence Materiel Organisation was disbanded after recommendations from the First Principles Review. History FILE:Defence Materiel Organisation logo.png, left, Logo of the former Defence Materiel Organisation (2000–2015) The Defence Materiel Organisation was formed in 2000 when the then Defence Acquisition Organisation merged with Support Command Australia, bringing together the Department of Defen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Process Outsourcing
Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity which otherwise is or could be carried out internally, i.e. in-house, and sometimes involves transferring employees and assets from one firm to another. The term ''outsourcing'', which came from the phrase ''outside resourcing'', originated no later than 1981. The concept, which ''The Economist'' says has "made its presence felt since the time of the Second World War", often involves the contracting of a business process (e.g., payroll processing, claims processing), operational, and/or non-core functions, such as manufacturing, facility management, call center/call center support. The practice of handing over control of public services to private enterprises (privatization), even if conducted on a limited, short-term basis, may also be described as outsourcing. Outsourcing includes both foreign and domestic contracting, and sometimes includes offshoring ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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