DoD's $22.4M Aircraft Support Contract Awarded to Lockheed Martin Under Full and Open Competition

Contract Overview

Contract Amount: $22,359,973 ($22.4M)

Contractor: Lockheed Martin Corporation

Awarding Agency: Department of Defense

Start Date: 2020-03-30

End Date: 2021-03-31

Contract Duration: 366 days

Daily Burn Rate: $61.1K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: USASOAC AIRCRAFT SUPPORT - BASE

Place of Performance

Location: LEXINGTON, FAYETTE County, KENTUCKY, 40516

State: Kentucky Government Spending

Plain-Language Summary

Department of Defense obligated $22.4 million to LOCKHEED MARTIN CORPORATION for work described as: USASOAC AIRCRAFT SUPPORT - BASE Key points: 1. The contract value is $22.4 million for aircraft support services. 2. Lockheed Martin Corporation is the sole awardee. 3. The contract was awarded under full and open competition. 4. The period of performance is 366 days, ending March 31, 2021.

Value Assessment

Rating: good

The contract type is Cost Plus Fixed Fee, which can lead to higher costs if not managed carefully. However, the award was made under full and open competition, suggesting a competitive pricing process.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, indicating multiple bidders likely participated. This method generally promotes competitive pricing and ensures the government receives fair value.

Taxpayer Impact: The competitive nature of the award suggests taxpayers are likely receiving a fair price for the aircraft support services.

Public Impact

Ensures continued operational readiness for U.S. Special Operations Command aircraft. Supports critical aviation maintenance and logistics functions. Benefits from competitive pricing due to the award method.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Cost Plus Fixed Fee contract type can incentivize contractor to increase costs.
  • Limited duration of the contract may require future re-competition and associated administrative costs.

Positive Signals

  • Awarded under full and open competition.
  • Supports critical Special Operations Command mission.
  • Experienced contractor (Lockheed Martin) likely to provide reliable service.

Sector Analysis

This contract falls under support services for aviation, a critical component of defense spending. Benchmarks for similar support contracts vary widely based on aircraft type and service scope.

Small Business Impact

The awardee is Lockheed Martin Corporation, a large business. There is no indication that small businesses were involved as subcontractors in this specific award.

Oversight & Accountability

The contract was awarded by the U.S. Special Operations Command, a component of the Department of Defense, which has established oversight mechanisms for contract performance and financial management.

Related Government Programs

  • All Other Support Services
  • Department of Defense Contracting
  • U.S. Special Operations Command Programs

Risk Flags

  • Cost Plus Fixed Fee contract type.
  • Lack of specific aircraft type detail.
  • Limited contract duration.
  • No small business participation indicated.

Tags

all-other-support-services, department-of-defense, ky, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $22.4 million to LOCKHEED MARTIN CORPORATION. USASOAC AIRCRAFT SUPPORT - BASE

Who is the contractor on this award?

The obligated recipient is LOCKHEED MARTIN CORPORATION.

Which agency awarded this contract?

Awarding agency: Department of Defense (U.S. Special Operations Command).

What is the total obligated amount?

The obligated amount is $22.4 million.

What is the period of performance?

Start: 2020-03-30. End: 2021-03-31.

What specific aircraft types are covered under this support contract?

The provided data does not specify the exact aircraft types covered by the 'USASOAC AIRCRAFT SUPPORT - BASE' contract. This information would be crucial for a more detailed analysis of the contract's scope and potential value for money, as support needs can vary significantly between different aircraft platforms.

How does the $61,093 benchmark cost per day compare to similar contracts?

The benchmark cost of $61,093 per day (calculated from total award value and duration) needs comparison against historical data for similar aircraft support services. Without specific details on the services rendered and aircraft types, it's difficult to definitively assess if this rate is competitive. Further analysis would require comparing it to contracts with comparable scope and complexity.

What are the key performance indicators (KPIs) for this contract?

Key performance indicators for this contract are not detailed in the provided data. Effective oversight would typically involve tracking metrics such as aircraft availability, turnaround time for maintenance, parts availability, and adherence to safety standards. These KPIs are essential for ensuring the contractor meets performance expectations and delivers value.

Industry Classification

NAICS: Administrative and Support and Waste Management and Remediation ServicesOther Support ServicesAll Other Support Services

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)MANAGEMENT SUPPORT SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: H9225416R0001

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 5749 BRIAR HILL RD, LEXINGTON, KY, 40516

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: $22,613,617

Exercised Options: $22,359,973

Current Obligation: $22,359,973

Subaward Activity

Number of Subawards: 12

Total Subaward Amount: $19,680,947

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: H9225417D0001

IDV Type: IDC

Timeline

Start Date: 2020-03-30

Current End Date: 2021-03-31

Potential End Date: 2021-03-31 00:00:00

Last Modified: 2025-09-23

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