DoD awards $18.4M F-22 sustainment contract to Lockheed Martin, extending through 2025

Contract Overview

Contract Amount: $18,425,271 ($18.4M)

Contractor: Lockheed Martin Corporation

Awarding Agency: Department of Defense

Start Date: 2018-07-17

End Date: 2025-03-12

Contract Duration: 2,430 days

Daily Burn Rate: $7.6K/day

Competition Type: NOT COMPETED

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: F-22 SUSTAINMENT FOR RELIABILITY AVAILABILITY MAINTAINABILITY PROGRAM 2018 APPROVED SOLUTION IDENTIFICATION INDIVIDUAL PROJECTS (SERVICE)

Place of Performance

Location: FORT WORTH, TARRANT County, TEXAS, 76108

State: Texas Government Spending

Plain-Language Summary

Department of Defense obligated $18.4 million to LOCKHEED MARTIN CORPORATION for work described as: F-22 SUSTAINMENT FOR RELIABILITY AVAILABILITY MAINTAINABILITY PROGRAM 2018 APPROVED SOLUTION IDENTIFICATION INDIVIDUAL PROJECTS (SERVICE) Key points: 1. High value contract for critical aircraft sustainment. 2. Sole-source award to incumbent contractor raises competition concerns. 3. Long-term contract duration may limit future price negotiation. 4. Focus on reliability, availability, and maintainability is key for operational readiness.

Value Assessment

Rating: fair

The contract's cost-plus-fixed-fee structure allows for cost reimbursement plus a predetermined profit. Without competitive bidding, it's difficult to assess if this pricing is optimal compared to market rates for similar sustainment services.

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 than if multiple vendors had bid.

Taxpayer Impact: Taxpayers may be paying a premium due to the lack of competition for essential F-22 sustainment services.

Public Impact

Ensures continued operational readiness of the F-22 fleet. Supports advanced aerospace manufacturing and maintenance capabilities. Potential for cost overruns due to sole-source nature.

Waste & Efficiency Indicators

Waste Risk Score: 75 / 10

Warning Flags

  • Lack of competition
  • Cost-plus contract type

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 benchmarks for such long-term, sole-source sustainment contracts can vary widely, but often represent significant investments.

Small Business Impact

The provided data does not indicate any specific provisions or benefits for small businesses in this sole-source contract award.

Oversight & Accountability

The Department of the Air Force is responsible for overseeing this contract. Robust oversight is crucial to manage costs and ensure performance given the sole-source nature.

Related Government Programs

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

Risk Flags

  • Sole-source award limits competitive pricing.
  • Cost-plus contract type can incentivize higher spending.
  • Long contract duration may not reflect current market conditions.
  • Lack of small business participation noted.

Tags

aircraft-manufacturing, department-of-defense, tx, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $18.4 million to LOCKHEED MARTIN CORPORATION. F-22 SUSTAINMENT FOR RELIABILITY AVAILABILITY MAINTAINABILITY PROGRAM 2018 APPROVED SOLUTION IDENTIFICATION INDIVIDUAL PROJECTS (SERVICE)

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 $18.4 million.

What is the period of performance?

Start: 2018-07-17. End: 2025-03-12.

What is the projected cost-effectiveness of this sole-source contract over its full duration?

Assessing cost-effectiveness is challenging without competitive benchmarks. The cost-plus-fixed-fee structure, combined with a sole-source award, suggests potential for costs to exceed what might be achieved through competition. Future reviews should focus on performance metrics and cost trends.

What are the risks associated with relying solely on Lockheed Martin for F-22 sustainment?

The primary risk is vendor lock-in, potentially leading to escalating costs and reduced flexibility. Dependence on a single supplier can also impact innovation and responsiveness to evolving maintenance needs. Mitigation strategies might include exploring future competition or alternative sustainment approaches.

How does this contract contribute to the overall readiness and effectiveness of the F-22 program?

This contract is critical for ensuring the F-22 fleet remains reliable, available, and maintainable, directly supporting its combat readiness. Sustained investment in these areas is essential for the aircraft's long-term operational effectiveness and its role in national security.

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

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: $18,425,271

Exercised Options: $18,425,271

Current Obligation: $18,425,271

Actual Outlays: $312,493

Subaward Activity

Number of Subawards: 1

Total Subaward Amount: $-46,262

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: 2018-07-17

Current End Date: 2025-03-12

Potential End Date: 2028-06-30 00:00:00

Last Modified: 2025-03-12

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