DoD Awards $6.3M for TAPO LCSM Support to Lockheed Martin, Ending July 2025
Contract Overview
Contract Amount: $6,309,460 ($6.3M)
Contractor: Lockheed Martin Corporation
Awarding Agency: Department of Defense
Start Date: 2024-08-31
End Date: 2025-07-31
Contract Duration: 334 days
Daily Burn Rate: $18.9K/day
Competition Type: FULL AND OPEN COMPETITION
Pricing Type: COST PLUS FIXED FEE
Sector: Other
Official Description: TAPO LCSM SUPPORT FY24-25
Place of Performance
Location: LEXINGTON, FAYETTE County, KENTUCKY, 40516
State: Kentucky Government Spending
Plain-Language Summary
Department of Defense obligated $6.3 million to LOCKHEED MARTIN CORPORATION for work described as: TAPO LCSM SUPPORT FY24-25 Key points: 1. Contract value of $6.3 million for FY24-25. 2. Lockheed Martin Corporation is the awardee. 3. Awarded by the U.S. Special Operations Command. 4. Service category is 'All Other Support Services'.
Value Assessment
Rating: fair
The contract type is Cost Plus Fixed Fee, which can lead to cost overruns if not managed carefully. The award amount is moderate for specialized support services.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, suggesting a competitive bidding process. However, the specific pricing mechanisms and discovery of fair value are not detailed.
Taxpayer Impact: Taxpayer funds are being used for specialized support services, with the value determined through a competitive process.
Public Impact
Supports U.S. Special Operations Command's critical missions. Ensures continued operational readiness through specialized support. Potential for technology integration and modernization within SOCOM.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Cost Plus Fixed Fee contract type can incentivize higher costs.
- Limited detail on performance metrics and success criteria.
Positive Signals
- Awarded through full and open competition.
- Supports critical national security operations.
Sector Analysis
This contract falls under 'All Other Support Services' for the Department of Defense. Benchmarks for this broad category vary significantly based on the specific services provided.
Small Business Impact
The awardee is Lockheed Martin Corporation, a large business. There is no indication of small business participation in this specific award.
Oversight & Accountability
Oversight will be crucial to ensure cost control and effective service delivery under the Cost Plus Fixed Fee structure, especially given the specialized nature of the support.
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.
- Broad service category lacks specific detail.
- Potential for cost escalation without stringent oversight.
- No explicit small business participation noted.
Tags
all-other-support-services, department-of-defense, ky, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $6.3 million to LOCKHEED MARTIN CORPORATION. TAPO LCSM SUPPORT FY24-25
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 $6.3 million.
What is the period of performance?
Start: 2024-08-31. End: 2025-07-31.
What specific services are included under 'TAPO LCSM Support' and how do they contribute to operational effectiveness?
TAPO LCSM Support likely refers to services related to Logistics, Command, Control, Communications, Computers, and Intelligence (C4I) Systems Management for Tactical Aviation Platforms. These services are critical for ensuring the operational readiness and effectiveness of specialized aircraft used by U.S. Special Operations Command, enabling mission success in complex environments.
What are the potential risks associated with a Cost Plus Fixed Fee contract for these specialized support services?
A Cost Plus Fixed Fee (CPFF) contract carries the risk of cost overruns, as the contractor is reimbursed for allowable costs plus a fixed fee. If costs escalate beyond initial projections, the government may end up paying more than anticipated. Effective oversight is crucial to manage contractor performance and control expenses.
How does the full and open competition process ensure the best value for taxpayer dollars in this context?
Full and open competition allows all responsible sources to submit bids, fostering a competitive environment that theoretically drives down prices and encourages innovation. For specialized support services, it aims to identify the contractor offering the optimal balance of technical capability, past performance, and price, ensuring taxpayer funds are used efficiently.
Industry Classification
NAICS: Administrative and Support and Waste Management and Remediation Services › Other Support Services › All 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: $6,309,460
Exercised Options: $6,309,460
Current Obligation: $6,309,460
Subaward Activity
Number of Subawards: 4
Total Subaward Amount: $658,548
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: 2024-08-31
Current End Date: 2025-07-31
Potential End Date: 2025-07-31 00:00:00
Last Modified: 2026-01-07
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