DoD's $68.4M Nanotechnology R&D Contract with Lockheed Martin Under Full and Open Competition

Contract Overview

Contract Amount: $68,355,745 ($68.4M)

Contractor: Lockheed Martin Corp

Awarding Agency: Department of Defense

Start Date: 2017-10-05

End Date: 2021-06-30

Contract Duration: 1,364 days

Daily Burn Rate: $50.1K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 3

Pricing Type: COST PLUS FIXED FEE

Sector: R&D

Official Description: IGF::CT::IGF BASELINE ENGINEERING

Place of Performance

Location: SUNNYVALE, SANTA CLARA County, CALIFORNIA, 94089

State: California Government Spending

Plain-Language Summary

Department of Defense obligated $68.4 million to LOCKHEED MARTIN CORP for work described as: IGF::CT::IGF BASELINE ENGINEERING Key points: 1. Significant investment in advanced nanotechnology research and development. 2. Awarded to a major defense contractor, indicating potential for specialized capabilities. 3. Full and open competition suggests a robust price discovery process. 4. Contract duration of over three years implies a complex, long-term project.

Value Assessment

Rating: fair

The contract value of $68.4 million over approximately 3.7 years is substantial for R&D. Benchmarking against similar nanotechnology R&D contracts is difficult due to the specialized nature of the work and the specific contractor involved.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which is a positive sign for achieving competitive pricing. This method allows multiple bidders to propose solutions, driving down costs and fostering innovation.

Taxpayer Impact: Full and open competition generally leads to better value for taxpayers by ensuring the government receives the most advantageous offer.

Public Impact

Advancement in critical nanotechnology for defense applications. Potential for technological breakthroughs with dual-use civilian applications. Job creation and economic impact in the aerospace and defense sector.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of specific performance metrics in provided data.
  • Potential for cost overruns in complex R&D projects.
  • Dependence on a single contractor for critical technology development.

Positive Signals

  • Awarded through full and open competition.
  • Significant investment in a strategically important R&D area.
  • Contract awarded to a reputable and experienced defense contractor.

Sector Analysis

This contract falls under Research and Development (R&D) within the IT/Defense sector, specifically focusing on nanotechnology. Spending in this area is crucial for maintaining technological superiority but can be highly variable and subject to rapid obsolescence.

Small Business Impact

The data indicates the prime contractor is Lockheed Martin Corp. There is no information provided on subcontracting opportunities for small businesses, which is a common area for improvement in large defense contracts.

Oversight & Accountability

Oversight would typically involve regular progress reports, milestone reviews, and potentially independent technical reviews to ensure the R&D is on track and within budget. The effectiveness of oversight depends on the agency's diligence.

Related Government Programs

  • Research and Development in Nanotechnology
  • Department of Defense Contracting
  • Missile Defense Agency Programs

Risk Flags

  • Complexity of R&D projects leading to potential schedule delays.
  • Risk of technological obsolescence in a rapidly evolving field.
  • Potential for cost overruns if research proves more challenging than anticipated.
  • Dependence on a single prime contractor for critical advancements.

Tags

research-and-development-in-nanotechnolo, department-of-defense, ca, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $68.4 million to LOCKHEED MARTIN CORP. IGF::CT::IGF BASELINE ENGINEERING

Who is the contractor on this award?

The obligated recipient is LOCKHEED MARTIN CORP.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $68.4 million.

What is the period of performance?

Start: 2017-10-05. End: 2021-06-30.

What specific nanotechnology advancements are being pursued, and what are their projected defense applications?

The provided data does not specify the exact nanotechnology advancements. However, given the Missile Defense Agency's mission, it likely involves materials science, miniaturization, or novel sensor technologies for missile defense systems. These could range from advanced coatings for stealth and heat resistance to new types of sensors for target detection and tracking.

What are the key performance indicators (KPIs) for this contract, and how is progress being measured?

Key performance indicators are not detailed in the provided data. For R&D contracts, KPIs often include achieving specific technical milestones, demonstrating proof-of-concept, successful prototype development, and adherence to research timelines. The Missile Defense Agency would typically establish these metrics and monitor them through regular reporting and reviews.

What is the potential for technology transfer or dual-use applications stemming from this R&D effort?

Nanotechnology research often has significant potential for dual-use applications due to its fundamental nature. While the primary focus is defense, advancements in areas like materials, energy, or computing could find applications in civilian sectors such as medicine, electronics, or manufacturing, potentially leading to future commercialization opportunities.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesScientific Research and Development ServicesResearch and Development in Nanotechnology

Product/Service Code: RESEARCH AND DEVELOPMENTC – National Defense R&D Services

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: HQ014715S0001

Offers Received: 3

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 1111 LOCKHEED MARTIN WAY, SUNNYVALE, CA, 94089

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

Financial Breakdown

Contract Ceiling: $68,355,745

Exercised Options: $68,355,745

Current Obligation: $68,355,745

Subaward Activity

Number of Subawards: 96

Total Subaward Amount: $145,204,279

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2017-10-05

Current End Date: 2021-06-30

Potential End Date: 2021-06-30 00:00:00

Last Modified: 2021-07-28

More Contracts from Lockheed Martin Corp

View all Lockheed Martin Corp federal contracts →

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending