Air Force awards $143M for Modular Missile Systems to Boeing, with 5 delivery orders

Contract Overview

Contract Amount: $143,411,958 ($143.4M)

Contractor: THE Boeing Company

Awarding Agency: Department of Defense

Start Date: 2023-08-21

End Date: 2026-06-24

Contract Duration: 1,038 days

Daily Burn Rate: $138.2K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 5

Pricing Type: FIXED PRICE INCENTIVE

Sector: Defense

Official Description: DISRUPTIVE FUTURES MODULAR MISSILE

Place of Performance

Location: EGLIN AFB, OKALOOSA County, FLORIDA, 32542

State: Florida Government Spending

Plain-Language Summary

Department of Defense obligated $143.4 million to THE BOEING COMPANY for work described as: DISRUPTIVE FUTURES MODULAR MISSILE Key points: 1. Boeing secured a significant contract for advanced missile systems. 2. The contract value is substantial, indicating a critical need for these systems. 3. Full and open competition was utilized, suggesting a robust price discovery process. 4. The sector is defense, a high-spending area with complex procurement needs.

Value Assessment

Rating: good

The contract value of $143.4M for modular missile systems appears reasonable given the specialized nature of the technology and the prime contractor's expertise. Benchmarking against similar advanced weapon system procurements 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 generally promotes competitive pricing and ensures the government receives the best value. The use of fixed-price incentive contracts aims to balance cost control with contractor performance.

Taxpayer Impact: Taxpayer funds are being allocated to enhance national defense capabilities through advanced missile technology, with competition expected to optimize cost-effectiveness.

Public Impact

Enhances U.S. Air Force's strategic deterrence capabilities. Supports advanced defense manufacturing and technological innovation. Potential for job creation in the aerospace and defense sector. Contributes to national security by modernizing weapon systems.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Fixed Price Incentive contract type can lead to cost overruns if not managed carefully.
  • Long contract duration (over 3 years) increases exposure to market volatility and changing requirements.
  • Sole reliance on Boeing may limit future competition if modularity is not standardized.
  • Lack of small business participation noted.

Positive Signals

  • Awarded under full and open competition.
  • Focus on modularity suggests potential for future upgrades and cost savings.
  • Contract supports critical defense modernization efforts.

Sector Analysis

This contract falls within the defense sector, specifically focusing on ammunition and missile manufacturing. Defense spending is a significant portion of the federal budget, with advanced weapon systems representing a key area of investment for national security.

Small Business Impact

The data indicates that small businesses were not directly involved in this prime contract award. Efforts to ensure subcontracting opportunities for small businesses will be crucial to broaden the economic impact of this significant defense expenditure.

Oversight & Accountability

The Department of the Air Force is responsible for overseeing this contract. Robust oversight will be necessary to manage the fixed-price incentive structure, ensure timely delivery, and verify performance against contract requirements to safeguard taxpayer funds.

Related Government Programs

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

Risk Flags

  • Potential for cost overruns due to FPI contract type.
  • Long-term sustainment and upgrade costs are not fully detailed.
  • Limited visibility into small business subcontracting opportunities.
  • Dependence on a single large contractor for a critical system.
  • Technological obsolescence risk over the system's lifespan.

Tags

ammunition-except-small-arms-manufacturi, department-of-defense, fl, delivery-order, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $143.4 million to THE BOEING COMPANY. DISRUPTIVE FUTURES MODULAR MISSILE

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 $143.4 million.

What is the period of performance?

Start: 2023-08-21. End: 2026-06-24.

What is the projected lifecycle cost of these modular missile systems, considering potential upgrades and sustainment?

The provided data focuses on the initial procurement value. A comprehensive lifecycle cost analysis would need to incorporate projected sustainment, maintenance, upgrades, and potential obsolescence management over the system's operational lifespan. This analysis is critical for understanding the true long-term investment and ensuring fiscal responsibility beyond the initial acquisition.

How will the modular design be leveraged to ensure interoperability and reduce future development costs?

The modular design aims to allow for easier upgrades, component replacements, and adaptation to new threats without requiring a complete system redesign. This approach is intended to streamline future development, reduce long-term sustainment costs, and enhance the system's relevance over time. Successful implementation depends on standardized interfaces and rigorous testing.

What performance metrics are tied to the incentive portion of the contract, and how are they measured?

The contract utilizes a Fixed Price Incentive (FPI) structure. Specific performance metrics tied to the incentive portion are not detailed in the provided data but typically relate to factors like delivery schedule adherence, system performance specifications (e.g., range, accuracy, reliability), and potentially cost-sharing targets. The Air Force will monitor these metrics closely to ensure contractor performance and manage cost outcomes.

Industry Classification

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

Product/Service Code: GUIDED MISSLES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: FA865823RA003

Offers Received: 5

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: $143,411,958

Exercised Options: $143,411,958

Current Obligation: $143,411,958

Subaward Activity

Number of Subawards: 27

Total Subaward Amount: $8,947,737

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: FA865621DA041

IDV Type: IDC

Timeline

Start Date: 2023-08-21

Current End Date: 2026-06-24

Potential End Date: 2026-06-24 00:00:00

Last Modified: 2026-01-13

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