DoD Funds MIT for Advanced Technology Development Through 2030
Contract Overview
Contract Amount: $403,450,204 ($403.5M)
Contractor: Massachusetts Institute of Technology
Awarding Agency: Department of Defense
Start Date: 2015-04-28
End Date: 2030-02-28
Sector: R&D
Official Description: IGF::CT::IGF TASK ORDER 0001 FOR DOD LINE FUNDING
Plain-Language Summary
Department of Defense obligated $403.5 million to MASSACHUSETTS INSTITUTE OF TECHNOLOGY for work described as: IGF::CT::IGF TASK ORDER 0001 FOR DOD LINE FUNDING Key points: 1. Significant investment in advanced technology research. 2. Sole-source award to a leading research institution. 3. Long-term contract duration indicates sustained need. 4. Potential for groundbreaking technological advancements.
Value Assessment
Rating: excellent
The Department of Defense has awarded a substantial contract to the Massachusetts Institute of Technology for advanced technology development. The value of this contract is significant, reflecting a major commitment to research and innovation.
Cost Per Unit: N/A
Competition Analysis
Competition Level: sole-source
This contract was awarded on a sole-source basis to MIT, likely due to their specialized expertise and unique capabilities in the required technological areas. This approach ensures access to world-class research talent.
Taxpayer Impact: Taxpayer funds are directed towards cutting-edge research with the potential for significant national security benefits.
Public Impact
Advancements in technology could lead to improved defense capabilities. Research may yield innovations with broader civilian applications. Investment supports high-level scientific and engineering talent.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Risk of cost overruns in long-term R&D projects.
- Potential for research to not yield desired outcomes.
- Dependence on a single entity for critical technology development.
Positive Signals
- Access to world-renowned research facilities and personnel.
- Potential for breakthrough innovations.
- Long-term funding stability for research efforts.
Sector Analysis
This contract falls within the research and development sector, specifically focusing on advanced technologies for defense applications. MIT's involvement suggests a focus on highly specialized and potentially classified areas of innovation.
Small Business Impact
This contract was awarded directly to a large research institution and does not appear to include provisions for small business participation or set-asides.
Oversight & Accountability
Oversight will be crucial to ensure that research objectives are met efficiently and effectively within the allocated budget. Regular progress reviews and technical evaluations will be necessary.
Related Government Programs
- Advanced Technology Development
- Research and Development Contracts
- Defense Innovation
Risk Flags
- Sole-source award
- Long-term contract
- Research and Development
Tags
department-of-defense, massachusetts-institute-of-technology, advanced-technology, research-and-development, sole-source, delivery-order, air-force, long-term-contract
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $403.5 million to MASSACHUSETTS INSTITUTE OF TECHNOLOGY. IGF::CT::IGF TASK ORDER 0001 FOR DOD LINE FUNDING
Who is the contractor on this award?
The obligated recipient is MASSACHUSETTS INSTITUTE OF TECHNOLOGY.
Which agency awarded this contract?
Awarding agency: Department of Defense (Department of the Air Force).
What is the total obligated amount?
The obligated amount is $403.5 million.
What is the period of performance?
Start: 2015-04-28. End: 2030-02-28.
Analysis insight 1
The contract's long duration suggests a strategic, multi-year approach to developing critical technologies.
Analysis insight 2
The sole-source nature highlights MIT's unique position in fulfilling the DoD's specific technological requirements.
Analysis insight 3
The substantial funding underscores the importance placed on advancing the nation's technological edge.