DoD Awards $580M for Missile Defense System Development to Lockheed Martin

Contract Overview

Contract Amount: $580,243,224 ($580.2M)

Contractor: Lockheed Martin Corporation

Awarding Agency: Department of Defense

Start Date: 2012-01-01

End Date: 2018-10-31

Contract Duration: 2,495 days

Daily Burn Rate: $232.6K/day

Competition Type: NOT COMPETED

Pricing Type: COST PLUS INCENTIVE FEE

Sector: IT

Official Description: TASK ORDER 0001 UNDER THE FOLLOW-ON CONTRACT IS FOR THE CONTINUED DEVELOPMENT OF SPIRAL 8.2, SYSTEMS AND COMPONENT ENGINEERING, INFORMATION ASSURANCE, MODELING AND SIMULATIONS, TRAINING AND OPERATIONS OF THE SYSTEM. TASK ORDER 0001 WILL INCLUDE THE DEVELOPMENT OF SPIRAL 8.2 (S8.2), SYSTEMS AND COMPONENT ENGINEERING, INFORMATION ASSURANCE, MODELING AND SIMULATIONS, TRAINING AND OPERATIONS OF THE SYSTEM.

Place of Performance

Location: GAITHERSBURG, MONTGOMERY County, MARYLAND, 20879

State: Maryland Government Spending

Plain-Language Summary

Department of Defense obligated $580.2 million to LOCKHEED MARTIN CORPORATION for work described as: TASK ORDER 0001 UNDER THE FOLLOW-ON CONTRACT IS FOR THE CONTINUED DEVELOPMENT OF SPIRAL 8.2, SYSTEMS AND COMPONENT ENGINEERING, INFORMATION ASSURANCE, MODELING AND SIMULATIONS, TRAINING AND OPERATIONS OF THE SYSTEM. TASK ORDER 0001 WILL INCLUDE THE DEVELOPMENT OF SPIRAL 8.2 (S8.2… Key points: 1. Significant investment in advanced missile defense technology. 2. Sole-source award to Lockheed Martin raises competition concerns. 3. Long contract duration (2012-2018) suggests ongoing, complex development. 4. Cost-plus contract type may incentivize higher spending.

Value Assessment

Rating: questionable

The $580M award for custom computer programming services is substantial. Without comparable contracts for similar advanced missile defense development, a precise pricing assessment is difficult. The cost-plus incentive fee structure warrants scrutiny for potential cost overruns.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This task order was not competed, indicating a sole-source award to Lockheed Martin. This lack of competition limits price discovery and may result in a higher price than if multiple vendors had bid.

Taxpayer Impact: The absence of competition for a contract of this magnitude raises concerns about the optimal use of taxpayer funds.

Public Impact

Enhances national security through advanced missile defense capabilities. Supports high-tech jobs in the aerospace and defense sector. Potential for technological advancements with broad defense applications.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Cost-plus contract type
  • Lack of competition

Positive Signals

  • Critical national security program
  • Experienced contractor
  • Potential for technological innovation

Sector Analysis

This contract falls within the IT and Defense sectors, specifically focusing on custom computer programming for advanced systems. Spending benchmarks for similar large-scale, sole-source defense development contracts are typically high due to complexity and specialized requirements.

Small Business Impact

The contract was awarded to Lockheed Martin Corporation and does not indicate any subcontracting to small businesses. This suggests a lack of opportunity for small businesses in this specific task order.

Oversight & Accountability

The sole-source nature of this award warrants close oversight to ensure fair pricing and effective program execution. Accountability for cost and performance will be crucial given the contract type and duration.

Related Government Programs

  • Custom Computer Programming Services
  • Department of Defense Contracting
  • Missile Defense Agency Programs

Risk Flags

  • Potential for cost overruns due to contract type.
  • Lack of competitive pricing pressure.
  • Limited transparency in pricing due to sole-source award.
  • Long-term dependency on a single contractor.
  • Risk of scope creep in complex development projects.

Tags

custom-computer-programming-services, department-of-defense, md, delivery-order, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $580.2 million to LOCKHEED MARTIN CORPORATION. TASK ORDER 0001 UNDER THE FOLLOW-ON CONTRACT IS FOR THE CONTINUED DEVELOPMENT OF SPIRAL 8.2, SYSTEMS AND COMPONENT ENGINEERING, INFORMATION ASSURANCE, MODELING AND SIMULATIONS, TRAINING AND OPERATIONS OF THE SYSTEM. TASK ORDER 0001 WILL INCLUDE THE DEVELOPMENT OF SPIRAL 8.2 (S8.2), SYSTEMS AND COMPONENT ENGINEERING, INFORMATION ASSURANCE, MODELING AND SIMULATIONS, TRAINING AND OPERATIONS OF THE SYSTEM.

Who is the contractor on this award?

The obligated recipient is LOCKHEED MARTIN CORPORATION.

Which agency awarded this contract?

Awarding agency: Department of Defense (Missile Defense Agency).

What is the total obligated amount?

The obligated amount is $580.2 million.

What is the period of performance?

Start: 2012-01-01. End: 2018-10-31.

What was the justification for awarding this task order on a sole-source basis?

The justification for a sole-source award typically stems from unique capabilities, proprietary technology, or the need for seamless integration with existing systems where only one contractor can meet the requirements. For advanced defense systems, this often involves specialized expertise or intellectual property held by a single entity, making competition impractical or detrimental to program continuity.

What are the primary risks associated with a cost-plus incentive fee contract for this type of development?

Cost-plus incentive fee contracts carry risks of cost overruns if targets are not met or if the incentive structure is not well-defined. The contractor may have less incentive to control costs compared to fixed-price contracts. For complex R&D, estimating costs accurately is challenging, potentially leading to disputes and increased final prices for the government.

How will the effectiveness of the Spiral 8.2 development be measured given the sole-source nature and contract type?

Effectiveness will be measured through rigorous testing, adherence to technical specifications, and achievement of performance milestones outlined in the contract. The Missile Defense Agency will likely employ independent verification and validation processes. Performance metrics and the achievement of defined capabilities, rather than cost savings from competition, will be the primary indicators of success.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesComputer Systems Design and Related ServicesCustom Computer Programming Services

Product/Service Code: RESEARCH AND DEVELOPMENTDEFENSE (OTHER) R&D

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: HQ014711R0003

Pricing Type: COST PLUS INCENTIVE FEE (V)

Evaluated Preference: NONE

Contractor Details

Parent Company: Lockheed Martin Corp

Address: 700 N FREDERICK AVE, GAITHERSBURG, MD, 20878

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $597,285,937

Exercised Options: $597,285,937

Current Obligation: $580,243,224

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: HQ014712D0003

IDV Type: IDC

Timeline

Start Date: 2012-01-01

Current End Date: 2018-10-31

Potential End Date: 2018-10-31 00:00:00

Last Modified: 2025-02-06

More Contracts from Lockheed Martin Corporation

View all Lockheed Martin Corporation federal contracts →

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending