DoD Awards $40.4M for KC-10 Engine Contractor Logistics Support to Lockheed Martin

Contract Overview

Contract Amount: $40,416,040 ($40.4M)

Contractor: Lockheed Martin Corporation

Awarding Agency: Department of Defense

Start Date: 2019-04-01

End Date: 2021-12-28

Contract Duration: 1,002 days

Daily Burn Rate: $40.3K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: KC-10 ENGINE CONTRACTOR LOGISTICS SUPPORT

Place of Performance

Location: FORT WORTH, TARRANT County, TEXAS, 76108

State: Texas Government Spending

Plain-Language Summary

Department of Defense obligated $40.4 million to LOCKHEED MARTIN CORPORATION for work described as: KC-10 ENGINE CONTRACTOR LOGISTICS SUPPORT Key points: 1. Significant contract value for specialized aircraft support. 2. Lockheed Martin is a major defense contractor, indicating potential market concentration. 3. Risk of sole-source reliance for unique aircraft parts. 4. Spending falls within the 'Other Aircraft Parts' manufacturing sector.

Value Assessment

Rating: good

The contract value of $40.4M over approximately 3 years appears reasonable for specialized contractor logistics support for a major aircraft platform like the KC-10. Benchmarking against similar long-term sustainment contracts for aging aircraft would provide further context.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a competitive bidding process that should have driven price discovery. The award type is a delivery order against a larger contract vehicle.

Taxpayer Impact: Full and open competition generally leads to better value for taxpayers by fostering a competitive environment.

Public Impact

Ensures continued operational readiness of the KC-10 fleet. Supports critical logistics and maintenance for a vital military asset. Impacts the aerospace and defense manufacturing sector through sustained demand.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Potential for future sole-source modifications if competition is not maintained.
  • Dependence on a single contractor for critical parts could lead to price increases.

Positive Signals

  • Awarded through full and open competition.
  • Supports a critical national defense asset.
  • Firm fixed price contract provides cost certainty.

Sector Analysis

This contract falls under the 'Other Aircraft Parts and Auxiliary Equipment Manufacturing' sector. Spending in this area is crucial for maintaining aging military fleets and ensuring operational readiness. Benchmarks for similar sustainment contracts are often high due to specialized nature and limited competition.

Small Business Impact

The data indicates the awardee is Lockheed Martin Corporation, a large prime contractor. There is no specific information provided regarding small business participation in this particular delivery order, but prime contractors are often required to subcontract portions to small businesses.

Oversight & Accountability

The Department of the Air Force, under the Department of Defense, is responsible for overseeing this contract. Oversight would focus on ensuring timely delivery, adherence to specifications, and proper cost management throughout the contract period.

Related Government Programs

  • Other Aircraft Parts and Auxiliary Equipment Manufacturing
  • Department of Defense Contracting
  • Department of the Air Force Programs

Risk Flags

  • Potential for price creep on follow-on contracts.
  • Dependence on specific technical expertise held by the contractor.
  • Aging aircraft platform may require increasingly specialized and costly support.
  • Limited visibility into contractor's internal cost structure.

Tags

other-aircraft-parts-and-auxiliary-equip, department-of-defense, tx, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $40.4 million to LOCKHEED MARTIN CORPORATION. KC-10 ENGINE CONTRACTOR LOGISTICS SUPPORT

Who is the contractor on this award?

The obligated recipient is LOCKHEED MARTIN CORPORATION.

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 $40.4 million.

What is the period of performance?

Start: 2019-04-01. End: 2021-12-28.

What is the total lifecycle cost of supporting the KC-10 fleet, and how does this contract contribute to it?

The total lifecycle cost for the KC-10 fleet's support is substantial, encompassing maintenance, spare parts, and contractor logistics. This $40.4M contract represents a significant portion of that cost for the specified period. Understanding the full lifecycle cost is crucial for long-term budget planning and identifying potential efficiencies or areas for cost reduction in future sustainment strategies.

What are the risks associated with relying on a single contractor for specialized aircraft parts and support?

Relying on a single contractor, even if initially awarded competitively, carries risks such as potential price escalation over time, reduced incentive for innovation, and vulnerability to supply chain disruptions if the contractor faces issues. It can also limit the government's ability to leverage alternative solutions or technologies that may emerge.

How effectively does the firm fixed price contract structure ensure value for taxpayer money in this context?

A firm fixed price contract is generally effective in ensuring value by shifting cost overrun risk to the contractor. For this KC-10 support, it provides budget certainty for the government. However, the contractor must accurately estimate costs upfront; if their estimates are too low, they may cut corners, impacting quality, or if too high, taxpayers may overpay.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingOther Aircraft Parts and Auxiliary Equipment Manufacturing

Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENTMAINT, REPAIR, REBUILD OF EQUIPMENT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Lockheed Martin Corp (UEI: 834951691)

Address: 1 LOCKHEED BLVD BLDG 10, FORT WORTH, TX, 76108

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: $40,416,040

Exercised Options: $40,416,040

Current Obligation: $40,416,040

Actual Outlays: $77,514

Subaward Activity

Number of Subawards: 1

Total Subaward Amount: $-24,396

Contract Characteristics

Commercial Item: COMMERCIAL ITEM

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: FA810517D0002

IDV Type: IDC

Timeline

Start Date: 2019-04-01

Current End Date: 2021-12-28

Potential End Date: 2021-12-28 00:00:00

Last Modified: 2021-03-22

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