DoD Awards $286M to Lockheed Martin for F-22 Labs Follow-On, Raising Concerns Over Competition

Contract Overview

Contract Amount: $286,230,467 ($286.2M)

Contractor: Lockheed Martin Corporation

Awarding Agency: Department of Defense

Start Date: 2022-12-31

End Date: 2028-05-31

Contract Duration: 1,978 days

Daily Burn Rate: $144.7K/day

Competition Type: NOT COMPETED

Pricing Type: FIXED PRICE INCENTIVE

Sector: Defense

Official Description: F-22 LABS FOLLOW ON

Place of Performance

Location: FORT WORTH, TARRANT County, TEXAS, 76108

State: Texas Government Spending

Plain-Language Summary

Department of Defense obligated $286.2 million to LOCKHEED MARTIN CORPORATION for work described as: F-22 LABS FOLLOW ON Key points: 1. Significant contract value of $286.2M awarded to a single large business. 2. Sole-source award to Lockheed Martin for F-22 aircraft manufacturing. 3. Potential risk due to lack of competition and long contract duration. 4. Spending concentrated in the Aircraft Manufacturing sector.

Value Assessment

Rating: questionable

The contract value of $286.2M for F-22 Labs Follow-On is substantial. Without competitive bidding, it's difficult to assess if this price represents fair market value compared to similar aircraft manufacturing 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 Corporation. This limits price discovery and potentially leads to higher costs for taxpayers.

Taxpayer Impact: The lack of competition in this sole-source award may result in suboptimal pricing, impacting taxpayer value.

Public Impact

Taxpayers may be overpaying due to the absence of competitive bidding. The long duration of the contract (until 2028) could lock in potentially inefficient costs. Focus on a single, established contractor for critical aircraft manufacturing.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Lack of competition
  • Long contract duration

Positive Signals

  • Award to incumbent contractor with F-22 expertise

Sector Analysis

This contract falls within the Aircraft Manufacturing sector, a high-value and technologically complex industry. Benchmarks for similar follow-on contracts for advanced military aircraft are often characterized by significant R&D and specialized production costs.

Small Business Impact

The contract was awarded to Lockheed Martin Corporation, a large business. There is no indication of small business participation in this specific award, suggesting limited opportunities for small businesses.

Oversight & Accountability

The sole-source nature of this award warrants close oversight to ensure cost-effectiveness and prevent potential price gouging. Accountability for performance and cost management will be crucial given the lack of competitive pressure.

Related Government Programs

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

Risk Flags

  • Sole-source award
  • Lack of competition
  • Potential for cost overruns
  • Long contract duration
  • Limited small business participation

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 $286.2 million to LOCKHEED MARTIN CORPORATION. F-22 LABS FOLLOW ON

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 $286.2 million.

What is the period of performance?

Start: 2022-12-31. End: 2028-05-31.

What is the justification for the sole-source award, and how was the price determined to be fair and reasonable?

The justification for a sole-source award typically involves unique capabilities, proprietary technology, or the inability of other sources to meet the requirement. The contracting agency should have conducted a thorough price analysis, comparing the proposed costs to historical data, independent government estimates, or commercial price lists if applicable, to ensure the price is fair and reasonable despite the lack of competition.

What are the risks associated with a sole-source contract for advanced aircraft manufacturing over a long duration?

Sole-source contracts for advanced manufacturing over extended periods carry risks of cost escalation, reduced innovation, and potential complacency from the contractor. Without competitive pressure, there's less incentive for the contractor to find efficiencies or offer cost savings. Furthermore, reliance on a single source can create supply chain vulnerabilities and limit flexibility if requirements change.

How does this spending align with the Air Force's long-term strategy for the F-22 program and overall fleet modernization?

This spending likely supports the sustainment, modernization, or upgrade of the existing F-22 fleet. Alignment with long-term strategy depends on the F-22's projected role in the future Air Force. If the F-22 is slated for continued significant service, this follow-on work is essential. However, if it's nearing retirement, the investment's strategic value needs careful evaluation against modernization priorities.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingAircraft Manufacturing

Product/Service Code: AEROSPACE CRAFT AND STRUCTURAL COMPONENTS

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Pricing Type: FIXED PRICE INCENTIVE (L)

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: $611,016,010

Exercised Options: $305,679,889

Current Obligation: $286,230,467

Actual Outlays: $433,152

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: FA861122D0001

IDV Type: IDC

Timeline

Start Date: 2022-12-31

Current End Date: 2028-05-31

Potential End Date: 2028-05-31 00:00:00

Last Modified: 2025-12-10

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