GSA awards $31.4M for emerging tech support to Lockheed Martin, spanning over 4 years

Contract Overview

Contract Amount: $31,428,370 ($31.4M)

Contractor: Lockheed Martin Corporation

Awarding Agency: General Services Administration

Start Date: 2010-03-02

End Date: 2014-09-30

Contract Duration: 1,673 days

Daily Burn Rate: $18.8K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: LABOR HOURS

Sector: IT

Official Description: PROVIDE EMERGING TECHNOLOGY SUPPORT.

Place of Performance

Location: ARLINGTON, ARLINGTON County, VIRGINIA, 22202

State: Virginia Government Spending

Plain-Language Summary

General Services Administration obligated $31.4 million to LOCKHEED MARTIN CORPORATION for work described as: PROVIDE EMERGING TECHNOLOGY SUPPORT. Key points: 1. Contract value appears reasonable for the duration and scope of emerging technology support. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. No specific risk indicators are immediately apparent from the provided data. 4. Contract performance context is limited without further details on deliverables. 5. This contract falls within the IT services sector, specifically computer systems design. 6. The award was a BPA Call, indicating it was part of a larger pre-competed agreement.

Value Assessment

Rating: good

The contract value of $31.4 million over approximately 4.5 years averages to about $7 million annually. This appears to be a moderate investment for specialized emerging technology support. Without specific benchmarks for 'emerging technology support' services, direct comparison is difficult. However, the duration and scope suggest a potentially fair price for the services rendered, assuming successful delivery.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that all responsible sources were permitted to submit offers. This method generally promotes a wider range of potential bidders and encourages competitive pricing. The specific number of bidders is not provided, but the chosen method suggests a robust competition was intended.

Taxpayer Impact: Full and open competition is generally favorable for taxpayers as it aims to secure the best value through a broad and competitive marketplace, potentially driving down costs.

Public Impact

The General Services Administration (GSA) benefits from this contract by securing support for emerging technologies. Services delivered likely include research, development, integration, and testing of new technological solutions. The geographic impact is primarily within Virginia, where the contractor is located. Workforce implications may involve specialized IT professionals and engineers employed by Lockheed Martin.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Positive Signals

Awarded through full and open competition, indicating a broad market solicitation.
Contract duration of over 4 years suggests a stable, long-term need for the services.
The contractor, Lockheed Martin, is a large, established entity with significant experience in technology.

Sector Analysis

This contract falls within the Information Technology (IT) sector, specifically under Computer Systems Design Services. The market for emerging technology support is dynamic and growing, driven by rapid advancements in areas like AI, cloud computing, and cybersecurity. The total federal spending on IT services is substantial, and contracts like this represent a portion dedicated to innovation and future capabilities.

Small Business Impact

The data indicates this contract was not set aside for small businesses (ss: false, sb: false). Lockheed Martin Corporation is a large prime contractor. There is no information provided on subcontracting plans or their impact on the small business ecosystem for this specific award.

Oversight & Accountability

Oversight for this contract would typically fall under the purview of the General Services Administration (GSA), specifically the Federal Acquisition Service. Mechanisms would include contract performance reviews, financial audits, and adherence to the terms of the BPA Call. Transparency is generally maintained through contract databases like FPDS, where basic award information is publicly available.

Related Government Programs

IT Services
Computer Systems Design
Emerging Technologies
Research and Development Support
Information Technology Professional Services

Frequently Asked Questions

What is this federal contract paying for?

General Services Administration awarded $31.4 million to LOCKHEED MARTIN CORPORATION. PROVIDE EMERGING TECHNOLOGY SUPPORT.

Who is the contractor on this award?

The obligated recipient is LOCKHEED MARTIN CORPORATION.

Which agency awarded this contract?

Awarding agency: General Services Administration (Federal Acquisition Service).

What is the total obligated amount?

The obligated amount is $31.4 million.

What is the period of performance?

Start: 2010-03-02. End: 2014-09-30.

What specific 'emerging technologies' were supported under this contract?

The provided data does not specify the exact 'emerging technologies' that were supported under this contract. The description 'PROVIDE EMERGING TECHNOLOGY SUPPORT' is broad. Typically, this could encompass a wide range of advanced technological areas such as artificial intelligence (AI), machine learning, quantum computing, advanced cybersecurity solutions, data analytics platforms, cloud-native architectures, or novel communication systems. To understand the specific focus, one would need to review the detailed Statement of Work (SOW) or contract line item numbers (CLINs) associated with this BPA Call award.

How does the $31.4 million award compare to similar 'emerging technology support' contracts?

Comparing the $31.4 million award for 'emerging technology support' requires context on the scope, duration, and specific technologies involved. This contract ran for approximately 4.5 years, averaging around $7 million annually. Federal spending on IT services, including specialized support, can vary widely. Larger, more complex R&D initiatives or system integrations could cost hundreds of millions or even billions. Smaller, targeted support contracts might be in the low millions. Without knowing the precise deliverables and the maturity of the 'emerging technologies' supported, a direct benchmark is challenging. However, for a multi-year support contract with a major prime contractor, this value appears within a plausible range for specialized IT services.

What is Lockheed Martin Corporation's track record with GSA for IT support services?

Lockheed Martin Corporation is a major defense contractor with extensive experience across various government agencies, including the GSA. While this specific award is for 'emerging technology support,' the company has a broad portfolio of IT and professional services contracts. Their track record with GSA likely includes numerous awards across different services and agencies. Given their size and established presence, they are a frequent recipient of large federal contracts. Performance history on specific contracts would need to be assessed through contract performance reports (CPARS) or other agency-specific evaluations, which are not detailed in the provided summary data.

What were the key performance indicators (KPIs) or success metrics for this contract?

The provided data summary does not include specific Key Performance Indicators (KPIs) or success metrics for this contract. For a contract focused on 'emerging technology support,' KPIs would likely be tied to milestones in research and development, successful integration of new technologies, performance improvements achieved by implemented solutions, timely delivery of technical reports, or the successful prototyping of new systems. These metrics are typically detailed in the contract's Statement of Work (SOW) and are used to evaluate the contractor's performance throughout the contract period.

What is the historical spending trend for 'emerging technology support' by the GSA?

The provided data is for a single contract award from 2010-2014. To assess historical spending trends for 'emerging technology support' by GSA, a broader dataset encompassing multiple years and contract awards would be necessary. GSA's overall IT spending has generally increased over time, reflecting the government's growing reliance on technology. Spending on 'emerging technologies' specifically is likely a subset of this, and its trend would depend on evolving technological landscapes and agency priorities. Analyzing trends would require aggregating data on similar contract actions over a longer period.

Were there any specific challenges or risks identified during the solicitation or performance of this contract?

The provided data summary does not explicitly list any challenges or risks identified during the solicitation or performance of this contract. However, contracts involving 'emerging technologies' inherently carry risks related to technological feasibility, rapid obsolescence, integration complexities, and the potential for cost overruns if development paths are uncertain. The fact that it was awarded under full and open competition might suggest that GSA sought to mitigate risks by leveraging market competition. Without access to contract performance reports or agency risk assessments, specific challenges remain unknown.

Industry Classification

NAICS: Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Computer Systems Design Services

Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONS › ADP AND TELECOMMUNICATIONS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Pricing Type: LABOR HOURS (Z)

Contractor Details

Parent Company: Lockheed Martin Corp (UEI: 834951691)

Address: 230 MALL BLVD, KING OF PRUSSIA, PA, 19406

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

Financial Breakdown

Contract Ceiling: $47,343,661

Exercised Options: $31,428,370

Current Obligation: $31,428,370

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: GSTFMGBPA090001

IDV Type: BPA

Timeline