ROI
The products and services that Cocoon provides have delivered many millions of dollars in return on investment to military and commercial organizations worldwide. These savings vary, depending upon the value of the protected equipment as well as other factors which must be assessed, including:
One way to establish return on investment for Cocoon Cover Systems, is to first calculate how much corrosion each cover prevents and then translate that data into total dollars saved by using a cover.
ISO9223 is a commonly used and widely accepted standard for the prediction of expected corrosion as a function of the environmental variables. This standard classifies the expected corrosion based on measurements of time of wetness, and two pollution categories: atmospheric deposition of sulfates and chlorides.
Analysis has demonstrated that using a cover almost completely eliminates atmospheric depositions of sulfates and chlorides and that time of wetness is the same or lower with a cover as it is with no cover at all. Since no cover would expose an asset to other negative environmental conditions, the Cocoon cover is the superior choice for corrosion prevention.
Based on the 2003 GAO’s report on corrosion in the DoD (GAO 03-753), the Army’s 2,770 helicopters and fixed-wing aircraft require $4B in corrosion-related repairs annually. This translates to $1.4M per aircraft per year. A reduction of as little as 5% in corrosion-related repair costs would translate to a savings of $72,000 per year, per aircraft. Compounded by the number of helicopters in the Army alone, a savings of nearly $200 million is realized – annually!
- Improved mission readiness and operational efficiency
- Greatly reduced equipment maintenance costs
- Increased personnel safety
- Extended equipment and parts service life
ISO9223 is a commonly used and widely accepted standard for the prediction of expected corrosion as a function of the environmental variables. This standard classifies the expected corrosion based on measurements of time of wetness, and two pollution categories: atmospheric deposition of sulfates and chlorides.
Analysis has demonstrated that using a cover almost completely eliminates atmospheric depositions of sulfates and chlorides and that time of wetness is the same or lower with a cover as it is with no cover at all. Since no cover would expose an asset to other negative environmental conditions, the Cocoon cover is the superior choice for corrosion prevention.
Based on the 2003 GAO’s report on corrosion in the DoD (GAO 03-753), the Army’s 2,770 helicopters and fixed-wing aircraft require $4B in corrosion-related repairs annually. This translates to $1.4M per aircraft per year. A reduction of as little as 5% in corrosion-related repair costs would translate to a savings of $72,000 per year, per aircraft. Compounded by the number of helicopters in the Army alone, a savings of nearly $200 million is realized – annually!
Based on a conservative assessment of $1.4 million required annually for corrosion-related repairs for each Army aircraft, a reduction of as little as 5% through cover protection would translate to a compounded savings of nearly $200 million each year.