DoD awards Raytheon $1.01B for SM-3 Block IA recertification, impacting guided missile manufacturing

Contract Overview

Contract Amount: $1,010,959,343 ($1.0B)

Contractor: Raytheon Company

Awarding Agency: Department of Defense

Start Date: 2013-03-26

End Date: 2020-09-30

Contract Duration: 2,745 days

Daily Burn Rate: $368.3K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: SM-3 BLOCK IA RECERTIFICATION FY13

Place of Performance

Location: TUCSON, PIMA County, ARIZONA, 85756

State: Arizona Government Spending

Plain-Language Summary

Department of Defense obligated $1.01 billion to RAYTHEON COMPANY for work described as: SM-3 BLOCK IA RECERTIFICATION FY13 Key points: 1. Significant contract value of over $1 billion for missile defense system recertification. 2. Sole-source award to Raytheon Company, indicating limited competition. 3. Potential risk associated with a large, sole-source contract for critical defense technology. 4. Spending falls within the Defense sector, specifically missile manufacturing.

Value Assessment

Rating: questionable

The contract value of $1.01 billion is substantial. Without competitive bidding, it's difficult to assess if this price is optimal compared to potential alternatives or previous iterations of the SM-3 system.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award to Raytheon Company. This limits price discovery and potentially leads to higher costs for the government.

Taxpayer Impact: Taxpayer funds are committed to a single provider without competitive pressure, potentially increasing the overall cost of missile defense.

Public Impact

Ensures continued operational capability of the SM-3 Block IA missile defense system. Supports advanced missile defense technology development and sustainment. Impacts national security by maintaining a critical component of the U.S. missile defense shield.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award limits competition and price negotiation.
  • Long contract duration (2013-2020) may not reflect current market conditions.
  • Cost-plus-fixed-fee contract type can incentivize cost overruns.

Positive Signals

  • Ensures availability of a critical defense asset.
  • Leverages Raytheon's specialized expertise in this technology.

Sector Analysis

This contract falls under the Defense sector, specifically within guided missile and space vehicle manufacturing. Spending benchmarks for such specialized defense systems are often high due to R&D and unique requirements.

Small Business Impact

The data does not indicate any subcontracting to small businesses. The primary awardee is a large defense contractor, suggesting limited direct opportunities for small businesses on this specific contract.

Oversight & Accountability

The contract was awarded by the Department of Defense's Missile Defense Agency. Oversight would focus on ensuring performance, cost control, and adherence to contract terms, especially given the sole-source nature.

Related Government Programs

  • Guided Missile and Space Vehicle Manufacturing
  • Department of Defense Contracting
  • Missile Defense Agency Programs

Risk Flags

  • Sole-source award
  • Cost-plus-fixed-fee contract type
  • Long contract duration
  • Lack of transparency on cost justification

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $1.01 billion to RAYTHEON COMPANY. SM-3 BLOCK IA RECERTIFICATION FY13

Who is the contractor on this award?

The obligated recipient is RAYTHEON COMPANY.

Which agency awarded this contract?

Awarding agency: Department of Defense (Missile Defense Agency).

What is the total obligated amount?

The obligated amount is $1.01 billion.

What is the period of performance?

Start: 2013-03-26. End: 2020-09-30.

What was the justification for the sole-source award, and were alternatives considered?

The justification for a sole-source award typically involves unique capabilities, proprietary technology, or urgent need where only one source can fulfill the requirement. For the SM-3 Block IA recertification, it's likely related to Raytheon's sole development and manufacturing expertise. A thorough review would assess if any competitive alternatives were genuinely explored or if the sole-source path was chosen for expediency.

How does the cost per unit or total cost compare to similar missile defense systems or previous contracts?

Benchmarking this $1.01 billion contract against similar missile defense systems or previous SM-3 contracts is challenging without more detailed cost breakdowns. Given it's a sole-source, cost-plus-fixed-fee award, there's a risk of inflated costs. A comparative analysis would require access to classified or proprietary cost data to determine true value for money.

What is the long-term strategy for ensuring competitive sourcing for future missile defense system upgrades and maintenance?

The long-term strategy should involve fostering competition for future iterations or alternative missile defense solutions. This could include encouraging R&D from other potential contractors, breaking down the system into components that could be sourced competitively, or setting clear timelines for transitioning sole-source contracts to competitive ones as technology matures.

Industry Classification

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

Product/Service Code: GUIDED MISSLES

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: HQ027612R0002

Offers Received: 1

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Parent Company: RTX Corp

Address: 1151 E HERMANS RD, TUCSON, AZ, 85756

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: $1,046,492,498

Exercised Options: $1,046,492,498

Current Obligation: $1,010,959,343

Actual Outlays: $537,992

Subaward Activity

Number of Subawards: 1743

Total Subaward Amount: $2,936,651,007

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2013-03-26

Current End Date: 2020-09-30

Potential End Date: 2020-09-30 00:00:00

Last Modified: 2023-06-28

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