Wednesday, September 22, 2010

Red Arrow Logistics Selected as Prime Contractor for U.S. Navy

Red Arrow Logistics, a logistics and transportation company serving growing, complex and high value supply chains, was awarded an Indefinite Delivery, Indefinite Quantity (IDIQ) contract by the NAVSEA Warfare Center (NSWC) Dahlgren Division under the SeaPort-e Program. This contract enables Red Arrow to be assigned projects with the United States Navy as it fulfills its spending target of 5 percent for women owned businesses and 23 percent for small businesses.

“Red Arrow has significant experience as a Department of Defense bonded carrier and has worked with multiple defense agencies, so this is an important achievement for us to be able to continue to expand our role with their agencies,” said Liz Lasater, CEO of Red Arrow Logistics.

Under this contract Red Arrow becomes a vendor to numerous organizations within the Navy, including Naval Sea Systems Command (NAVSEA), Naval Air Systems Command (NAVAIR), Space and Naval Warfare Systems Command (SPAWAR) and the United States Marine Corps. SeaPort-e is the Navy's electronic platform for acquiring support services in 22 functional areas including logistics support, supply and provisioning support and program management.

“This award approves our firm as a supplier to all of the Navy’s prime defense contractors for the first time and recognizes the fact that we have consistently met, and exceeded, the requirements of past military logistics contracts,” Lasater explains.

In August 2010, Red Arrow Logistics debuted on the Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies and in May was honored as one of Women President’s Organization’s (WPO) 50 Fastest growing women-owned/led companies in North America.

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