The Royal Australian Navy has contracted Survitec to provide leased commercial-off-the-shelf inflatable life rafts with enhanced servicing requirements.
The new equipment, which is being acquired to deliver improved safety, will replace the existing fleet of inflatable life rafts.
Under the contract, the service interval has been increased to 30 months, which is 2.5 times the current requirement, and is projected to generate more than $3m in savings.
According to Maritime Support director general Commodore Stephanie Moles, the leasing of life rafts will allow the navy to choose the best product in the market at any time in order to maintain an advanced capability, while ensuring competitiveness in the market.
Moles said: "This contract is the way of the future for maritime cross-platform systems programme office managed assets and items of supply.
"The contracts being developed will deliver more effective and efficient sustainment through incentivised relationships with our industry partners."
This new strategic sourcing approach contract is said to mark a change in the culture of the Programme Office from transactions into performance based in-service support contracts, designed around systems instead of inventory.
It is also expected to introduce several new contracting arrangements for the maintenance and supply support of equipment required for the delivery of navy capability.