GREENVILLE, S.C. (Jan. 20, 2011) — The U.S. Navy has extended its tire supply contract with Michelin North America Inc. by five years.
The initial contract term began in January 2000 and included supplying 100 percent of the Navy's aircraft tires around the world. Michelin's management of the Navy's tire performance-based logistics program has led to the elimination of backorders, a reduction of wholesale tire inventory and reduced retail allowances by two thirds—worth nearly $2 million, Michelin said.
The tire maker also said it has reduced logistics response times, resulting in 99-percent on-time delivery of tires anywhere in the world for the Navy.
“It's an honor to have this opportunity to serve our men and women in uniform,” said Brett Carnes, director of military sales, Michelin Aircraft Tire Co. Inc. “Our goal is to make sure they have the support they need to carry out their duties, both here and abroad.”
Michelin also has a contract with the Defense Logistics Agency, known as the Aircraft Tire Privatization (ATPI), to supply aircraft tires to the U.S. Air force, the U.S. Army and some allied forces.