DoD Awards $4B GPS III Follow-On Contract to Lockheed Martin for Missile and Space Vehicle Manufacturing

Contract Overview

Contract Amount: $4,044,299,611 ($4.0B)

Contractor: Lockheed Martin Corp

Awarding Agency: Department of Defense

Start Date: 2018-09-26

End Date: 2037-01-31

Contract Duration: 6,702 days

Daily Burn Rate: $603.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIXED PRICE AWARD FEE

Sector: Defense

Official Description: GLOBAL POSITIONING SYSTEMS III FOLLOW-ON

Place of Performance

Location: LITTLETON, DOUGLAS County, COLORADO, 80125

State: Colorado Government Spending

Plain-Language Summary

Department of Defense obligated $4.04 billion to LOCKHEED MARTIN CORP for work described as: GLOBAL POSITIONING SYSTEMS III FOLLOW-ON Key points: 1. Significant investment in advanced satellite technology for national security. 2. Sole awardee Lockheed Martin suggests potential lack of competition or specialized capabilities. 3. Long contract duration (2018-2037) raises concerns about adaptability to future technological shifts. 4. Fixed Price Award Fee structure aims to balance cost control with performance incentives.

Value Assessment

Rating: fair

The contract value of over $4 billion is substantial. Benchmarking against similar large-scale satellite development contracts is difficult without more specific cost breakdowns, but the scale suggests significant R&D and manufacturing investment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Although advertised as full and open competition, the award to a single entity, Lockheed Martin, warrants scrutiny. This could indicate a highly specialized requirement or potential issues in the competitive process that limited bids.

Taxpayer Impact: The substantial cost of this program represents a significant allocation of taxpayer funds towards national defense and technological advancement in space-based navigation.

Public Impact

Ensures continued operation and modernization of critical GPS capabilities for military and civilian use. Supports high-tech manufacturing jobs and innovation within the aerospace sector. Potential for technological advancements in satellite communication and navigation systems.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Long-term contract duration
  • Sole awardee despite full and open competition
  • Complexity of space-based systems

Positive Signals

  • Critical national security asset
  • Potential for technological advancement
  • Fixed price award fee structure

Sector Analysis

This contract falls within the Defense sector, specifically focusing on guided missile and space vehicle manufacturing. Spending in this area is typically high due to the complexity, long development cycles, and critical national security implications of such systems.

Small Business Impact

The data indicates no specific set-aside for small businesses. Given the scale and specialized nature of GPS satellite manufacturing, it is unlikely that small businesses would be primary contractors, though they may participate as subcontractors.

Oversight & Accountability

The long duration of the contract necessitates robust oversight from the Department of the Air Force to ensure performance, manage costs, and adapt to evolving requirements. Regular reviews and milestone assessments are crucial.

Related Government Programs

  • Guided Missile and Space Vehicle Manufacturing
  • Department of Defense Contracting
  • Department of the Air Force Programs

Risk Flags

  • Potential for cost overruns due to contract complexity and long duration.
  • Risk of technological obsolescence if not managed proactively.
  • Dependence on a single contractor may limit future innovation.
  • Ensuring effective competition throughout the contract lifecycle.

Tags

guided-missile-and-space-vehicle-manufac, department-of-defense, co, definitive-contract, billion-dollar

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $4.04 billion to LOCKHEED MARTIN CORP. GLOBAL POSITIONING SYSTEMS III FOLLOW-ON

Who is the contractor on this award?

The obligated recipient is LOCKHEED MARTIN CORP.

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 $4.04 billion.

What is the period of performance?

Start: 2018-09-26. End: 2037-01-31.

What specific technological advancements does the GPS III Follow-On program aim to achieve compared to previous generations, and how are these justified by the contract value?

The GPS III Follow-On program aims to enhance signal security, accuracy, and resilience against jamming and spoofing. It also incorporates new capabilities like a civilian search and rescue payload. The substantial contract value reflects the significant R&D, advanced manufacturing, and integration required for these next-generation capabilities, ensuring continued global positioning superiority for military and civilian users.

Given the award to a single entity, what measures are in place to mitigate the risks associated with a lack of direct competition throughout the contract's lifecycle?

While awarded under full and open competition, the single awardee necessitates strong government oversight. Measures likely include detailed performance metrics, milestone-based payments tied to deliverables, and potential for contract modifications or future competitive procurements for upgrades. The fixed price award fee structure also incentivizes contractor performance and cost management.

How will the effectiveness of the GPS III Follow-On system be measured, particularly considering its long operational lifespan and the evolving threat landscape?

Effectiveness will be measured through rigorous testing, validation of performance metrics against contract requirements (accuracy, availability, resilience), and successful integration into military and civilian user systems. The long lifespan requires ongoing monitoring, periodic reviews, and potential for future upgrades or modifications to address evolving threats and technological advancements, ensuring sustained operational effectiveness.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingGuided Missile and Space Vehicle Manufacturing

Product/Service Code: AEROSPACE CRAFT AND STRUCTURAL COMPONENTS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: FA880717R0009

Offers Received: 1

Pricing Type: FIXED PRICE AWARD FEE (M)

Evaluated Preference: NONE

Contractor Details

Address: 12257 S WADSWORTH BLVD, LITTLETON, CO, 80125

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $4,202,388,794

Exercised Options: $4,151,288,274

Current Obligation: $4,044,299,611

Actual Outlays: $32,590,705

Subaward Activity

Number of Subawards: 2604

Total Subaward Amount: $7,843,028,892

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2018-09-26

Current End Date: 2037-01-31

Potential End Date: 2037-01-31 00:00:00

Last Modified: 2026-01-02

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