F-22 Sustainment Services Contract Awarded to Lockheed Martin for $126.6M

Contract Overview

Contract Amount: $126,568,982 ($126.6M)

Contractor: Lockheed Martin Corporation

Awarding Agency: Department of Defense

Start Date: 2018-01-01

End Date: 2024-06-21

Contract Duration: 2,363 days

Daily Burn Rate: $53.6K/day

Competition Type: NOT COMPETED

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: IGF::OT:IGF COMPREHENSIVE F-22 AIR VEHICLE SUSTAINMENT SERVICES

Place of Performance

Location: FORT WORTH, TARRANT County, TEXAS, 76108

State: Texas Government Spending

Plain-Language Summary

Department of Defense obligated $126.6 million to LOCKHEED MARTIN CORPORATION for work described as: IGF::OT:IGF COMPREHENSIVE F-22 AIR VEHICLE SUSTAINMENT SERVICES Key points: 1. Significant contract value for ongoing aircraft maintenance and support. 2. Sole-source award to Lockheed Martin, raising questions about competition. 3. Long contract duration (2363 days) suggests a critical, long-term need. 4. Aircraft Manufacturing sector, vital for national defense capabilities.

Value Assessment

Rating: fair

The contract's cost-plus-fixed-fee structure allows for cost overruns. Benchmarking against similar sole-source sustainment contracts is difficult without more data, but the total value is substantial.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award to Lockheed Martin. This limits price discovery and potentially leads to higher costs for taxpayers.

Taxpayer Impact: The lack of competition may result in higher overall spending compared to a competitively bid contract.

Public Impact

Ensures continued operational readiness of the F-22 Raptor fleet. Supports advanced aerospace manufacturing jobs. Potential for cost inefficiencies due to sole-source nature.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Cost-plus-fixed-fee pricing
  • Lack of competition

Positive Signals

  • Essential for national defense
  • Long-term sustainment plan

Sector Analysis

This contract falls within the aerospace and defense sector, specifically focusing on aircraft sustainment. Spending in this area is critical for maintaining military readiness, but often involves high costs due to specialized requirements and limited contractor options.

Small Business Impact

The data does not indicate any specific provisions or awards to small businesses within this contract. The prime contractor, Lockheed Martin, is a large corporation.

Oversight & Accountability

Oversight is crucial for cost-plus-fixed-fee contracts, especially sole-source awards. The Department of the Air Force is responsible for monitoring performance and costs to ensure value for taxpayer money.

Related Government Programs

  • Aircraft Manufacturing
  • Department of Defense Contracting
  • Department of the Air Force Programs

Risk Flags

  • Sole-source award limits competition.
  • Cost-plus-fixed-fee structure can lead to cost overruns.
  • Lack of transparency in pricing due to non-competitive nature.
  • Long contract duration may mask inefficiencies over time.

Tags

aircraft-manufacturing, department-of-defense, tx, delivery-order, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $126.6 million to LOCKHEED MARTIN CORPORATION. IGF::OT:IGF COMPREHENSIVE F-22 AIR VEHICLE SUSTAINMENT SERVICES

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 $126.6 million.

What is the period of performance?

Start: 2018-01-01. End: 2024-06-21.

What is the justification for the sole-source award, and were alternative competition strategies considered?

Sole-source awards are typically justified when only one responsible source can provide the required supplies or services. For complex systems like the F-22, the original equipment manufacturer often possesses unique knowledge and tooling. However, the government should rigorously assess if any competitive avenues, even for specific components or services, were overlooked to ensure the best possible price.

How are cost overruns managed and mitigated under this cost-plus-fixed-fee structure?

Cost-plus-fixed-fee contracts allow the contractor to recover all allowable costs plus a predetermined fixed fee. Mitigation strategies typically involve robust government oversight, detailed cost tracking, performance metrics, and negotiation of incentive clauses. Regular audits and reviews are essential to ensure costs are reasonable and allocable, and that the fixed fee remains appropriate.

What performance metrics are in place to ensure the effectiveness of the F-22 sustainment services?

Effectiveness is likely measured through metrics such as aircraft availability rates, mission capable rates, turnaround times for repairs, and adherence to maintenance schedules. The contract should clearly define these Key Performance Indicators (KPIs) and link them to potential award fees or penalties to incentivize high performance and ensure the F-22 fleet remains combat-ready.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingAircraft Manufacturing

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

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: FA820516R0001

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Parent Company: Lockheed Martin Corp

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: $126,568,982

Exercised Options: $126,568,982

Current Obligation: $126,568,982

Actual Outlays: $2,614,508

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: FA820518D0001

IDV Type: IDC

Timeline

Start Date: 2018-01-01

Current End Date: 2024-06-21

Potential End Date: 2024-06-21 00:00:00

Last Modified: 2025-04-09

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