FedEx gains USD 1.37bn US government contract
The United States Transportation Command (USTRANSCOM) has awarded a contract to FedEx and its team a contract worth an estimated USD 1.37 billion, with a minimum guarantee of USD 150.7 million.
The contract, announced earlier this month, is for international airlift services, which includes the short and long-range transport of Department of Defense passengers and cargo. The Federal Express Team is a consortium that also includes Air Transport, Atlas Air, Northwest Airlines, Omni Air International, Polar Air Cargo Worldwide, and Tradewinds Airlines.
According to the USTRANSCOM Office of Legislative Affairs, the work under this agreement will be undertaken at FedEx hubs and the hubs of team members around the world, and is expected to be completed by September 2009. FedEx competed among 30 proposals for this contract.
The mission of USTRANSCOM is to provide air, land and sea transportation for the Department of Defense.
The United States Transportation Command (USTRANSCOM) has awarded a contract to FedEx and its team a contract worth an estimated USD 1.37 billion, with a minimum guarantee of USD 150.7 million.
The contract, announced earlier this month, is for international airlift services, which includes the short and long-range transport of Department of Defense passengers and cargo. The Federal Express Team is a consortium that also includes Air Transport, Atlas Air, Northwest Airlines, Omni Air International, Polar Air Cargo Worldwide, and Tradewinds Airlines.
According to the USTRANSCOM Office of Legislative Affairs, the work under this agreement will be undertaken at FedEx hubs and the hubs of team members around the world, and is expected to be completed by September 2009. FedEx competed among 30 proposals for this contract.
“I am very pleased to announce this huge contract for FedEx from USTRANSCOM,” said Congressman Steve Cohen. “FedEx is second to none when it comes to providing global shipping, transport and logistics needs, so it is no surprise that the Department of Defense awarded them this contract. This contract will strengthen FedEx, and that is good for Memphis.”
The mission of USTRANSCOM is to provide air, land and sea transportation for the Department of Defense. Located at Scott Air Force Base in Illinois, it was established in 1987. As the single manager of America’s global defense transportation system, USTRANSCOM is tasked with the coordination of people and transportation assets to allow the US to project and sustain forces, whenever, wherever, and for as long as they are needed.
