DoD awards Boeing $460M for Aircraft Manufacturing under sole-source contract

Contract Overview

Contract Amount: $460,167,266 ($460.2M)

Contractor: THE Boeing Company

Awarding Agency: Department of Defense

Start Date: 2006-03-22

End Date: 2013-05-31

Contract Duration: 2,627 days

Daily Burn Rate: $175.2K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Place of Performance

Location: SAINT LOUIS, SAINT LOUIS County, MISSOURI, 63134

State: Missouri Government Spending

Plain-Language Summary

Department of Defense obligated $460.2 million to THE BOEING COMPANY for work described as: Key points: 1. Significant award to a major defense contractor. 2. Lack of competition raises concerns about price. 3. Long contract duration may indicate complex needs. 4. Potential for cost overruns due to fixed-price structure.

Value Assessment

Rating: questionable

The contract's large value and lack of competition make it difficult to assess value for money without further data. Benchmarking against similar sole-source aircraft manufacturing contracts would be necessary.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award. This limits price discovery and potentially leads to higher costs for taxpayers as competitive pressures are absent.

Taxpayer Impact: The absence of competition suggests taxpayers may not be receiving the best possible price for these aircraft.

Public Impact

Taxpayers may be overpaying due to lack of competition. Potential impact on the defense industrial base if Boeing is the only viable supplier. Long-term commitment to a single provider.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Lack of competition
  • Long contract duration
  • Potential for cost escalation

Positive Signals

  • Firm fixed price contract type
  • Award to established prime contractor

Sector Analysis

This award falls within the Aircraft Manufacturing sector, a critical component of the defense industrial base. Spending in this sector is often characterized by high R&D costs and long production cycles.

Small Business Impact

No indication of small business participation is provided in the data. Large sole-source contracts often have limited direct subcontracting opportunities for small businesses.

Oversight & Accountability

The 'NOT COMPETED' status suggests a potential lack of robust oversight in ensuring competitive sourcing. Further review of the justification for sole-source award is warranted.

Related Government Programs

  • Aircraft Manufacturing
  • Department of Defense Contracting
  • Defense Contract Management Agency Programs

Risk Flags

  • Sole-source award
  • Lack of competition
  • Long contract duration
  • Potential for cost overruns
  • Limited transparency on justification

Tags

aircraft-manufacturing, department-of-defense, mo, definitive-contract, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $460.2 million to THE BOEING COMPANY. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is THE BOEING COMPANY.

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Contract Management Agency).

What is the total obligated amount?

The obligated amount is $460.2 million.

What is the period of performance?

Start: 2006-03-22. End: 2013-05-31.

What was the justification for awarding this contract on a sole-source basis?

The justification for a sole-source award typically involves unique capabilities, proprietary technology, or the absence of other responsible sources. Without specific documentation, it's impossible to determine the exact reason, but it implies that competitive alternatives were not available or feasible at the time of procurement.

What are the risks associated with a sole-source contract of this magnitude and duration?

The primary risks include inflated pricing due to lack of competition, reduced innovation incentives for the contractor, and potential vendor lock-in. There's also a risk that the government's needs might evolve, making the fixed terms of the contract less suitable over its long duration.

How can the government ensure value for money on this contract despite it being sole-source?

The government can employ robust contract management, including detailed cost analysis, performance monitoring, and negotiation of favorable terms. Exercising options judiciously and seeking competitive bids for future, similar requirements can also help mitigate the risks of sole-source awards.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingAircraft Manufacturing

Product/Service Code: AEROSPACE CRAFT AND STRUCTURAL COMPONENTS

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 6200 JS MCDONNELL BLVD, SAINT LOUIS, MO, 63134

Business Categories: Category Business, Not Designated a Small Business

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2006-03-22

Current End Date: 2013-05-31

Potential End Date: 2013-05-31 00:00:00

Last Modified: 2021-04-15

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