Story ID: 
Raytheon slashes parts costs
By: David A. Lombardo
Caption: Rapid (Raytheon Aircraft parts inventory and distribution) has launched the largest parts price-reduction campaign in the company’s history.
Word Count: 150
Rapid (Raytheon Aircraft parts inventory and distribution) has launched the largest parts price-reduction campaign in the company’s history. The prices of some 10,000 parts will be reduced, some by more than 50 percent. Customers can view part price updates at www.raytheonaircraftparts.com. “The parts price-reduction campaign is not a one-time price reduction for obscure, low-demand parts. It is a substantial, ongoing evaluation and discounting of all parts categories including aftermarket, proprietary and out-of-production parts,” said Ed Dolanski, vice president of Raytheon Aircraft customer support. The price reductions will be accomplished by using retail purchasing methods to achieve optimal discounts. “We will also be reviewing prices with our suppliers to ensure they are offering us the best market price for their products, which we can then pass along to our customers,” Dolanski said. “We want our customers to know that buying direct from the factory does not translate into higher prices.”