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| Raytheon Partnering in Defence (RaPID) |
| Company: | Raytheon | | Presenter: | Rob Carter | | Date / Time: | October 26, 2004 | | Delivered At: | Organic Growth and Innovation | | | Length: | 45 Minutes | | Description: | RaPID supports a memorandum of understanding, signed in April 2003 by Air Vice Marshall Peter Liddell of the UK's Defence Logistics Organisation (DLO) and Louise Francesconi of Raytheon Missile Systems. The MOU commits the DLO and Raytheon to jointly exploit opportunities in partnering. The DLO are challenged to reduce their cost of ownership of in-service weapons by 20% by moving from a predominantly provider role to that of an intelligent decider. RaPID covers AMRAAM, Maverick and Paveway with growth to future Raytheon weapons (eg Paveway IV). RaPID is expected to yield long term business growth for Raytheon.
RaPID has developed the methodology and process for effective Customer Focused Marketing through the use of Raytheon Six Sigma principles and tools, and has the qualities necessary to become the Benchmark for other Raytheon-Customer Partnering endeavors. The RaPID approach is being considered for other partnering opportunities including the US Navy, US Air Force, and our international customers. |

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