Raytheon Company Awarded $63.1M for DoD Concept Demonstrator Design

Contract Overview

Contract Amount: $63,129,495 ($63.1M)

Contractor: Raytheon Company

Awarding Agency: Department of Defense

Start Date: 2010-07-13

End Date: 2013-04-12

Contract Duration: 1,004 days

Daily Burn Rate: $62.9K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 4

Pricing Type: COST PLUS FIXED FEE

Sector: R&D

Official Description: CONCEPT DEMONSTRATOR (CD) DESIGN

Place of Performance

Location: GOLETA, SANTA BARBARA County, CALIFORNIA, 93117

State: California Government Spending

Plain-Language Summary

Department of Defense obligated $63.1 million to RAYTHEON COMPANY for work described as: CONCEPT DEMONSTRATOR (CD) DESIGN Key points: 1. Contract awarded to Raytheon Company for R&D services. 2. Full and open competition was utilized. 3. Potential for cost overruns exists with Cost Plus Fixed Fee contract type. 4. Spending falls within the R&D sector, specifically physical and engineering sciences.

Value Assessment

Rating: fair

The contract type is Cost Plus Fixed Fee, which can lead to higher costs if not managed carefully. Benchmarking against similar R&D contracts is difficult without more specific cost breakdowns.

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 Cost Plus Fixed Fee structure may not incentivize the most cost-effective solution.

Taxpayer Impact: Taxpayer funds are being used for research and development, with the ultimate value dependent on the success of the concept demonstrator.

Public Impact

Investment in advanced defense technology. Potential for future technological advancements. Supports research and development sector jobs.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Cost Plus Fixed Fee contract type
  • Lack of specific performance metrics in provided data

Positive Signals

  • Full and open competition
  • Awarded to a major defense contractor

Sector Analysis

This contract falls under Research and Development in Physical, Engineering, and Life Sciences. Spending benchmarks for concept demonstrators can vary widely based on complexity and technological risk.

Small Business Impact

No indication of small business participation in this contract award.

Oversight & Accountability

Oversight is provided by the Defense Contract Management Agency. Accountability will be measured by the successful development of the concept demonstrator.

Related Government Programs

  • Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)
  • Department of Defense Contracting
  • Defense Contract Management Agency Programs

Risk Flags

  • Cost overrun potential
  • Contract type may not be cost-efficient
  • Limited insight into specific R&D outcomes
  • No small business participation noted

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $63.1 million to RAYTHEON COMPANY. CONCEPT DEMONSTRATOR (CD) DESIGN

Who is the contractor on this award?

The obligated recipient is RAYTHEON 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 $63.1 million.

What is the period of performance?

Start: 2010-07-13. End: 2013-04-12.

What specific deliverables are expected from this concept demonstrator design contract?

The provided data does not specify the exact deliverables. Typically, concept demonstrator design contracts aim to produce prototypes, detailed designs, simulations, or feasibility studies to prove the viability of a new technology or system before full-scale development.

How will the effectiveness of the research and development be measured?

Effectiveness is likely measured against predefined technical milestones and performance objectives outlined in the contract's statement of work. Successful demonstration of the concept's feasibility and potential for future application would indicate effectiveness.

What are the primary risks associated with a Cost Plus Fixed Fee contract for R&D?

The primary risks include potential cost overruns if the contractor's estimated costs are inaccurate or if unforeseen technical challenges arise. The government bears a significant portion of the cost risk, and the fixed fee may not adequately incentivize cost control.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesScientific Research and Development ServicesResearch and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: BASIC RESEARCH

Solicitation ID: N0001909R0238

Offers Received: 4

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 6380 HOLLISTER AVE, GOLETA, CA, 93117

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: $63,129,495

Exercised Options: $63,129,495

Current Obligation: $63,129,495

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2010-07-13

Current End Date: 2013-04-12

Potential End Date: 2013-04-12 00:00:00

Last Modified: 2019-07-31

More Contracts from Raytheon Company

View all Raytheon Company federal contracts →

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending