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Multiyear Raptor procurement deal nearly complete

Posted on: May. 5th, 2007 || Source: Aviation Week | E-mail Article | Print Article

Multiyear Raptor procurement deal nearly complete
The Air Force and F-22 Raptor contractors team is only a couple of weeks away from completing negotiations for a multiyear procurement contract that could serve as a foundation for additional aircraft buys beyond the deal and become a template for other similar deals.

The multiyear deal will provide the promised $225 million in savings over the proposed three years, Maj. Gen. Jeffrey Riemer, the new Raptor program executive officer, told the Daily May 2 in his first media interview in his new job.

RAND evaluators are being brought in to scrutinize the procurement plan, Riemer said. Pentagon officials should begin their review in the first part of June to certify that the procurement strategy complies with appropriate laws and policies.

After that, the procurement plan will go to Congress for its review.

Two F-22 Raptors from Tyndall AFB fly in formation

FILE PHOTO - Two F-22 Raptors from Tyndall AFB fly in formation


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