DoD awards $29.19M for DMO NGTS to Lockheed Martin, with full and open competition

Contract Overview

Contract Amount: $29,188,488 ($29.2M)

Contractor: Lockheed Martin Corporation

Awarding Agency: Department of Defense

Start Date: 2022-07-07

End Date: 2026-09-30

Contract Duration: 1,546 days

Daily Burn Rate: $18.9K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: DMO NGTS

Place of Performance

Location: ORLANDO, ORANGE County, FLORIDA, 32825

State: Florida Government Spending

Plain-Language Summary

Department of Defense obligated $29.2 million to LOCKHEED MARTIN CORPORATION for work described as: DMO NGTS Key points: 1. Contract value of $29.19 million for DMO NGTS. 2. Awarded to Lockheed Martin Corporation by the Department of the Air Force. 3. Utilizes full and open competition, suggesting a competitive bidding process. 4. The contract spans from July 2022 to September 2026, indicating a long-term need. 5. The North American Industry Classification System (NAICS) code is 336413, related to aircraft parts manufacturing.

Value Assessment

Rating: good

The contract value of $29.19 million appears reasonable given the duration and the nature of aircraft parts and auxiliary equipment. Benchmarking against similar long-term supply contracts for specialized aerospace components would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which typically leads to better price discovery and potentially lower costs for the government. This method allows all responsible sources to submit bids, fostering a competitive environment.

Taxpayer Impact: The use of full and open competition is generally beneficial for taxpayers as it promotes efficiency and cost-effectiveness in government procurement.

Public Impact

Ensures continued supply of critical DMO NGTS components for the Air Force. Supports the aerospace manufacturing sector, specifically parts and auxiliary equipment. Potential for technological advancements or upgrades within the DMO NGTS system over the contract period. Impacts readiness and operational capabilities of Air Force assets relying on these components.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of specific details on the 'DMO NGTS' system.
  • No indication of small business participation.
  • The 'br' (breakdown) value of 18880 is unclear without context.

Positive Signals

  • Awarded under full and open competition.
  • Long contract duration suggests sustained requirement and potential for stable supply.
  • Awarded to a major defense contractor with established capabilities.

Sector Analysis

This contract falls within the aerospace and defense sector, specifically focusing on aircraft parts manufacturing. Spending in this sector is often driven by national security requirements and technological advancements, with significant government investment.

Small Business Impact

The data indicates that small business participation was not a factor in this contract award (ss: false, sb: false). Further analysis would be needed to determine if opportunities for small businesses were overlooked or if the nature of the requirement precluded their involvement.

Oversight & Accountability

The contract is managed by the Department of the Air Force, a component of the Department of Defense. Standard oversight mechanisms for defense contracts would apply, including performance monitoring and compliance checks.

Related Government Programs

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

Risk Flags

  • Potential for cost growth over the contract duration.
  • Dependency on a single large contractor (Lockheed Martin).
  • Lack of transparency regarding the specific technology or system (DMO NGTS).
  • No explicit mention of small business subcontracting goals.
  • Unclear meaning of the 'br' value.

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $29.2 million to LOCKHEED MARTIN CORPORATION. DMO NGTS

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 $29.2 million.

What is the period of performance?

Start: 2022-07-07. End: 2026-09-30.

What is the specific function and importance of the DMO NGTS system to Air Force operations?

The specific function and importance of the DMO NGTS system are not detailed in the provided data. Understanding its role is crucial for assessing the true value and necessity of this $29.19 million contract. It likely pertains to a critical operational or support system for Air Force aircraft, impacting readiness and mission effectiveness.

What are the key performance metrics and risk mitigation strategies for this contract?

Key performance metrics and risk mitigation strategies are not explicitly stated. Given the defense context and long duration, performance likely centers on timely delivery, quality of parts, and system integration. Risks could include supply chain disruptions, technological obsolescence, or cost overruns, requiring robust government oversight and contractor accountability.

How does the $29.19 million contract value compare to the total lifecycle cost of the DMO NGTS system?

The $29.19 million contract value represents a portion of the DMO NGTS system's lifecycle cost, likely for specific parts or support over the contract period (2022-2026). Without data on the total system cost, maintenance, upgrades, and other related expenditures, it's difficult to assess the overall financial impact or efficiency of this specific award in the broader context.

Industry Classification

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

Product/Service Code: TRAINING AIDS AND DEVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 100 GLOBAL INNOVATION CIR, ORLANDO, FL, 32825

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: $38,687,537

Exercised Options: $38,687,537

Current Obligation: $29,188,488

Subaward Activity

Number of Subawards: 7

Total Subaward Amount: $11,210,476

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: FA862115D6276

IDV Type: IDC

Timeline

Start Date: 2022-07-07

Current End Date: 2026-09-30

Potential End Date: 2027-01-29 00:00:00

Last Modified: 2026-01-14

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