Boeing Awarded $411M for Small Diameter Bomb Production by Air Force

Contract Overview

Contract Amount: $41,145,440 ($41.1M)

Contractor: THE Boeing Company

Awarding Agency: Department of Defense

Start Date: 2023-05-31

End Date: 2025-12-31

Contract Duration: 945 days

Daily Burn Rate: $43.5K/day

Competition Type: NOT COMPETED

Pricing Type: FIXED PRICE INCENTIVE

Sector: Defense

Official Description: SMALL DIAMETER BOMB I PRODUCTION, LOT 19 USAF

Place of Performance

Location: SAINT LOUIS, SAINT LOUIS County, MISSOURI, 63134

State: Missouri Government Spending

Plain-Language Summary

Department of Defense obligated $41.1 million to THE BOEING COMPANY for work described as: SMALL DIAMETER BOMB I PRODUCTION, LOT 19 USAF Key points: 1. Significant contract value for critical munitions. 2. Sole-source award to Boeing raises competition concerns. 3. Potential for cost overruns due to fixed-price incentive contract type. 4. Ammunition manufacturing sector is vital for national defense.

Value Assessment

Rating: fair

The contract value of $411.45 million for Lot 19 production appears substantial. Benchmarking against similar ammunition contracts is difficult without more specific data on unit quantities and specifications, but the fixed-price incentive structure suggests potential for cost growth beyond initial estimates.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award to The Boeing Company. This lack of competition limits price discovery and may result in higher costs for taxpayers compared to a fully competitive process.

Taxpayer Impact: The sole-source nature of this award means taxpayers may not be receiving the best possible price due to the absence of competitive bidding.

Public Impact

Ensures continued supply of essential munitions for the Air Force. Supports a major defense contractor and its supply chain. Potential for increased defense spending if costs escalate under the incentive contract.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award limits competition and price discovery.
  • Fixed-price incentive contract type carries risk of cost overruns.
  • No small business participation noted.

Positive Signals

  • Addresses a critical defense need for munitions.
  • Award to established prime contractor suggests reliable execution.

Sector Analysis

This contract falls within the defense manufacturing sector, specifically ammunition production. Spending in this area is driven by military readiness requirements and geopolitical factors. Benchmarks are highly dependent on the specific munition type and quantity.

Small Business Impact

There is no indication of small business participation in this contract award. Efforts to include small businesses in defense supply chains are often a priority, and their absence here warrants further review.

Oversight & Accountability

The Department of Defense's contracting processes are subject to oversight, but the sole-source nature of this award may reduce the effectiveness of competitive oversight mechanisms. Accountability for cost performance will be crucial under the incentive contract.

Related Government Programs

  • Ammunition (except Small Arms) Manufacturing
  • Department of Defense Contracting
  • Department of the Air Force Programs

Risk Flags

  • Sole-source award limits competition.
  • Fixed-price incentive contract risks cost overruns.
  • Lack of small business participation.
  • Limited transparency on justification for sole-source award.

Tags

ammunition-except-small-arms-manufacturi, department-of-defense, mo, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $41.1 million to THE BOEING COMPANY. SMALL DIAMETER BOMB I PRODUCTION, LOT 19 USAF

Who is the contractor on this award?

The obligated recipient is THE BOEING COMPANY.

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 $41.1 million.

What is the period of performance?

Start: 2023-05-31. End: 2025-12-31.

What is the unit cost of the Small Diameter Bomb under this contract, and how does it compare to previous lots or similar munitions?

The provided data does not specify the unit quantity or the resulting per-unit cost for the Small Diameter Bomb in Lot 19. A precise comparison is therefore not possible. However, the fixed-price incentive contract type suggests that the final unit cost could fluctuate based on performance against established targets, potentially exceeding initial estimates if cost efficiencies are not realized.

What is the justification for awarding this contract sole-source, and what steps were taken to ensure fair and reasonable pricing without competition?

The justification for this sole-source award is not detailed in the provided data. Typically, sole-source contracts are justified by factors such as urgency, unique capabilities, or lack of viable alternatives. Without this information, it is difficult to assess whether fair and reasonable pricing was achieved, as competitive pressure, a key driver of cost efficiency, was absent.

What are the specific performance incentives and cost-sharing mechanisms in this fixed-price incentive contract, and how do they aim to ensure effective use of taxpayer funds?

The specific details of the performance incentives and cost-sharing mechanisms within this fixed-price incentive contract are not provided. Generally, these contracts establish a target cost and target profit, with adjustments to profit based on actual costs incurred. The government and contractor share in cost savings or overruns beyond agreed-upon limits, aiming to incentivize cost control and efficient production.

Industry Classification

NAICS: ManufacturingOther Fabricated Metal Product ManufacturingAmmunition (except Small Arms) Manufacturing

Product/Service Code: AMMUNITION AND EXPLOSIVES

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Pricing Type: FIXED PRICE INCENTIVE (L)

Evaluated Preference: NONE

Contractor Details

Address: 6200 JAMES S MCDONNELL BLVD, SAINT LOUIS, MO, 63134

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: $41,145,440

Exercised Options: $41,145,440

Current Obligation: $41,145,440

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: FA867220D0001

IDV Type: IDC

Timeline

Start Date: 2023-05-31

Current End Date: 2025-12-31

Potential End Date: 2025-12-31 00:00:00

Last Modified: 2025-03-18

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