{"id":760696,"date":"2023-05-30T03:03:08","date_gmt":"2023-05-30T07:03:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering\/"},"modified":"2023-05-30T03:03:08","modified_gmt":"2023-05-30T07:03:08","slug":"parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering\/","title":{"rendered":"Parker Aerospace Announces Agreement with U.S. Army Aviation and Missile Command (AMCOM) for Contract with Product Improvements and Dedicated Engineering"},"content":{"rendered":"<p>        <!--.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Parker Aerospace Announces Agreement with U.S. Army Aviation and Missile Command (AMCOM) for Contract with Product Improvements and Dedicated Engineering<\/b><\/p>\n<p><i>As a prime contractor, Parker provides supply chain, engineering and field service support of the UH-60 Blackhawk hydraulic pumps and flight control actuation.<\/i><\/p>\n<p>IRVINE, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fparker.com%2Flaunchinginnovation&amp;esheet=53408394&amp;newsitemid=20230530005145&amp;lan=en-US&amp;anchor=Parker+Aerospace&amp;index=1&amp;md5=1ebb75507641cd2e47ecbe09b390bd22\">Parker Aerospace<\/a>, a business segment of Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announces an agreement with the U.S. Army for a five-year contract providing overhaul and upgrade to the UH-60 Blackhawk hydraulic pump and flight control actuation. The agreement includes provisions for firm-fixed price (FFP) indefinite delivery indefinite quantity (IDIQ) for the Army\u2019s aircraft. Under the sustainment agreement, Parker Aerospace will provide supply chain, engineering and field service support at Corpus Christi Army Depot (CCAD) in Texas under fixed rates.<\/p>\n<p>\nWorking collaboratively with repair depot personnel, Parker Aerospace support staff will implement processes to facilitate rapid and high-quality repairs to meet the availability, reliability and maintainability needs of the aircraft while balancing performance metrics.<\/p>\n<p>\n\u201cParker Aerospace is honored to participate in this outstanding partnership that leverages MRO aftermarket best practices and Parker\u2019s integrated solutions to ensure high mission-ready capability rates,\u201d said Austin Major, group vice president, business development and global support, Parker Aerospace. \u201cThis deep systems expertise and broad base of proven technologies allow Parker to identify and minimize risks, create better spares and repairs solutions and reduce cost and complexity in fleet maintenance operations.\u201d<\/p>\n<p><b>Bringing transformative benefits to the Army<\/b><\/p>\n<p>\nWith a strong history of innovative sustainment solutions at military aircraft maintenance depots, this latest Parker Aerospace IDIQ contract win is expected to yield considerable benefits for customers, which include:<\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Simplified supply chain management <\/b>\u2013 Using customer-supplied data, Parker has created models that will drive overhaul material more efficiently and proactively based on actual depot performance and changing fleet needs.\n<\/li>\n<li><b>Improved MRO processes <\/b>\u2013 Parker\u2019s highly-trained field service engineers working at Corpus Christi Army Depot will improve maintenance, repair and overhaul (MRO) process efficiencies.\n<\/li>\n<li><b>Product performance improvements <\/b>\u2013 Parker\u2019s continuous quality improvement strategies reduce cost and frequency with quality components and systems that perform longer on-wing.\n<\/li>\n<li><b>Dedicated engineering support <\/b>\u2013 With access to Parker\u2019s engineering teams, aircraft parts can be expertly reviewed, prolonging the life of parts.\n<\/li>\n<\/ul>\n<p><b>Parker team members and resources supporting the IDIQ contract<\/b><\/p>\n<p>\nThe Parker Aerospace team responsible for supporting the IDIQ contract includes members of its <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fparker.com%2FCSO&amp;esheet=53408394&amp;newsitemid=20230530005145&amp;lan=en-US&amp;anchor=Customer+Support+Operations&amp;index=2&amp;md5=0042bad54dab171d0df6186949948bd2\">Customer Support Operations<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fparker.com%2FCSD&amp;esheet=53408394&amp;newsitemid=20230530005145&amp;lan=en-US&amp;anchor=Military+Flight+Controls+Division&amp;index=3&amp;md5=fccd117b5e890f8cf1c18b97308572fb\">Military Flight Controls Division<\/a>, and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fparker.com%2FHSD&amp;esheet=53408394&amp;newsitemid=20230530005145&amp;lan=en-US&amp;anchor=Hydraulic+Systems+Division&amp;index=4&amp;md5=a120961f11cf35efd3808933108ba9c8\">Hydraulic Systems Division<\/a> who will utilize Parker\u2019s vast program management, engineering, supply chain and warehouse management resources.<\/p>\n<p><b>About Parker Aerospace. <\/b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fparker.com%2Flaunchinginnovation&amp;esheet=53408394&amp;newsitemid=20230530005145&amp;lan=en-US&amp;anchor=Parker+Aerospace&amp;index=5&amp;md5=f95e98d6eb897ae5e571085144ba82bf\">Parker Aerospace<\/a> is a global leader in commercial and military aircraft and aeroengine technology. With the addition of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fmeggitt.com%2F&amp;esheet=53408394&amp;newsitemid=20230530005145&amp;lan=en-US&amp;anchor=Parker+Meggitt&amp;index=6&amp;md5=5bbea78465dd9154450be0d2d309ecca\">Parker Meggitt<\/a>, both organizations provide more than a century of aerospace experience with passionate people that enable solutions to problems, seize opportunities, make aircraft more sustainable, and achieve the extraordinary.<\/p>\n<p><b>About Parker Hannifin. <\/b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.parker.com%2F&amp;esheet=53408394&amp;newsitemid=20230530005145&amp;lan=en-US&amp;anchor=Parker+Hannifin&amp;index=7&amp;md5=cfa4874775cc3f0426cc649bf8428ec4\">Parker Hannifin<\/a> is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.parker.com%2F&amp;esheet=53408394&amp;newsitemid=20230530005145&amp;lan=en-US&amp;anchor=www.parker.com&amp;index=8&amp;md5=591b4c268dd719c219b54a06463b6735\">www.parker.com<\/a> or @parkerhannifin.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230530005145r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230530005145\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230530005145\/en\/<\/a><\/span><\/p>\n<p>\nBrian King<br \/>\n<br \/>Parker Aerospace<br \/>\n<br \/>+1 (714) 458-7416<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Brian.King@parker.com\">Brian.King@parker.com<\/a><\/p>\n<p>\nKate Moss<br \/>\n<br \/>Parker Aerospace<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Kathryn.Moss@meggitt.com\">Kathryn.Moss@meggitt.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Contracts Engineering Transport Other Technology Military Aerospace Manufacturing Logistics\/Supply Chain Management Defense<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230530005145\/en\/807563\/3\/parker_aerospace.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Parker Aerospace Announces Agreement with U.S. Army Aviation and Missile Command (AMCOM) for Contract with Product Improvements and Dedicated Engineering As a prime contractor, Parker provides supply chain, engineering and field service support of the UH-60 Blackhawk hydraulic pumps and flight control actuation. IRVINE, Calif.&#8211;(BUSINESS WIRE)&#8211;Parker Aerospace, a business segment of Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announces an agreement with the U.S. Army for a five-year contract providing overhaul and upgrade to the UH-60 Blackhawk hydraulic pump and flight control actuation. The agreement includes provisions for firm-fixed price (FFP) indefinite delivery indefinite quantity (IDIQ) for the Army\u2019s aircraft. Under the sustainment agreement, Parker Aerospace will provide supply chain, engineering and field &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Parker Aerospace Announces Agreement with U.S. Army Aviation and Missile Command (AMCOM) for Contract with Product Improvements and Dedicated Engineering&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-760696","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Parker Aerospace Announces Agreement with U.S. Army Aviation and Missile Command (AMCOM) for Contract with Product Improvements and Dedicated Engineering - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Parker Aerospace Announces Agreement with U.S. Army Aviation and Missile Command (AMCOM) for Contract with Product Improvements and Dedicated Engineering - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Parker Aerospace Announces Agreement with U.S. Army Aviation and Missile Command (AMCOM) for Contract with Product Improvements and Dedicated Engineering As a prime contractor, Parker provides supply chain, engineering and field service support of the UH-60 Blackhawk hydraulic pumps and flight control actuation. IRVINE, Calif.&#8211;(BUSINESS WIRE)&#8211;Parker Aerospace, a business segment of Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announces an agreement with the U.S. Army for a five-year contract providing overhaul and upgrade to the UH-60 Blackhawk hydraulic pump and flight control actuation. The agreement includes provisions for firm-fixed price (FFP) indefinite delivery indefinite quantity (IDIQ) for the Army\u2019s aircraft. Under the sustainment agreement, Parker Aerospace will provide supply chain, engineering and field &hellip; Continue reading &quot;Parker Aerospace Announces Agreement with U.S. Army Aviation and Missile Command (AMCOM) for Contract with Product Improvements and Dedicated Engineering&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-30T07:03:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230530005145r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Parker Aerospace Announces Agreement with U.S. Army Aviation and Missile Command (AMCOM) for Contract with Product Improvements and Dedicated Engineering\",\"datePublished\":\"2023-05-30T07:03:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering\\\/\"},\"wordCount\":593,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230530005145r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering\\\/\",\"name\":\"Parker Aerospace Announces Agreement with U.S. Army Aviation and Missile Command (AMCOM) for Contract with Product Improvements and Dedicated Engineering - 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IRVINE, Calif.&#8211;(BUSINESS WIRE)&#8211;Parker Aerospace, a business segment of Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announces an agreement with the U.S. Army for a five-year contract providing overhaul and upgrade to the UH-60 Blackhawk hydraulic pump and flight control actuation. The agreement includes provisions for firm-fixed price (FFP) indefinite delivery indefinite quantity (IDIQ) for the Army\u2019s aircraft. Under the sustainment agreement, Parker Aerospace will provide supply chain, engineering and field &hellip; Continue reading \"Parker Aerospace Announces Agreement with U.S. Army Aviation and Missile Command (AMCOM) for Contract with Product Improvements and Dedicated Engineering\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering\/","og_site_name":"Market Newsdesk","article_published_time":"2023-05-30T07:03:08+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230530005145r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Parker Aerospace Announces Agreement with U.S. Army Aviation and Missile Command (AMCOM) for Contract with Product Improvements and Dedicated Engineering","datePublished":"2023-05-30T07:03:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering\/"},"wordCount":593,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230530005145r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/parker-aerospace-announces-agreement-with-u-s-army-aviation-and-missile-command-amcom-for-contract-with-product-improvements-and-dedicated-engineering\/","name":"Parker Aerospace Announces Agreement with U.S. Army Aviation and Missile Command (AMCOM) for Contract with Product Improvements and Dedicated Engineering - 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