DoD awards $33.7M for Tactical Tomahawk Weapon Control System to Lockheed Martin

Contract Overview

Contract Amount: $33,687,618 ($33.7M)

Contractor: Lockheed Martin Corporation

Awarding Agency: Department of Defense

Start Date: 2010-08-31

End Date: 2016-11-30

Contract Duration: 2,283 days

Daily Burn Rate: $14.8K/day

Competition Type: NOT AVAILABLE FOR COMPETITION

Number of Offers Received: 1

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: TACTICAL TOMAHAWK WEAPON CONTROL SYSTEM

Place of Performance

Location: MANASSAS, PRINCE WILLIAM County, VIRGINIA, 20110

State: Virginia Government Spending

Plain-Language Summary

Department of Defense obligated $33.7 million to LOCKHEED MARTIN CORPORATION for work described as: TACTICAL TOMAHAWK WEAPON CONTROL SYSTEM Key points: 1. Significant contract value for specialized defense equipment. 2. Sole-source award limits competitive pricing. 3. Potential for cost overruns in Cost Plus Fixed Fee contracts. 4. Focus on guided missile and space vehicle parts manufacturing.

Value Assessment

Rating: questionable

The contract value of $33.7M for the Tactical Tomahawk Weapon Control System is substantial. Without competitive bidding, it's difficult to assess if this price is optimal compared to similar systems or alternative solutions.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was awarded on a sole-source basis, indicating a lack of competition. This significantly impacts price discovery, as the government likely paid a premium without competitive pressure to drive down costs.

Taxpayer Impact: Taxpayers may have paid more than necessary due to the absence of a competitive bidding process for this critical defense system.

Public Impact

Ensures continued operation and maintenance of a key naval weapon system. Supports advanced missile guidance technology for national defense. Impacts the readiness of naval forces equipped with Tomahawk missiles.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Cost Plus Fixed Fee contract type
  • Lack of small business participation noted

Positive Signals

  • Critical defense system procurement
  • Long-term contract duration

Sector Analysis

This contract falls within the defense sector, specifically for guided missile and space vehicle parts. Spending in this area is often characterized by high R&D costs and specialized manufacturing, with significant government oversight required.

Small Business Impact

The data indicates no reported small business participation in this contract. This suggests that the prime contractor, Lockheed Martin, likely handled the entire scope of work, potentially missing opportunities to leverage smaller specialized firms.

Oversight & Accountability

As a sole-source, Cost Plus Fixed Fee contract for a critical defense system, this award warrants close oversight to ensure cost control and adherence to contract terms. The Department of the Navy is responsible for monitoring performance and expenditures.

Related Government Programs

  • Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing
  • Department of Defense Contracting
  • Department of the Navy Programs

Risk Flags

  • Sole-source procurement
  • Cost Plus Fixed Fee contract type
  • No small business participation
  • Lack of transparency in pricing due to sole-source nature

Tags

other-guided-missile-and-space-vehicle-p, department-of-defense, va, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $33.7 million to LOCKHEED MARTIN CORPORATION. TACTICAL TOMAHAWK WEAPON CONTROL SYSTEM

Who is the contractor on this award?

The obligated recipient is LOCKHEED MARTIN CORPORATION.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Navy).

What is the total obligated amount?

The obligated amount is $33.7 million.

What is the period of performance?

Start: 2010-08-31. End: 2016-11-30.

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

The justification for a sole-source award typically stems from unique capabilities, proprietary technology, or urgent needs where only one source can fulfill the requirement. Without specific documentation, it's unknown if alternatives were thoroughly explored or if the justification was solely based on the unique nature of the Tactical Tomahawk Weapon Control System.

What are the projected cost overruns or savings associated with the Cost Plus Fixed Fee structure for this contract?

Cost Plus Fixed Fee contracts aim to incentivize efficiency by allowing the contractor to retain a portion of the savings if costs are below the target. However, they also carry the risk of cost overruns if not managed tightly. Specific data on projected overruns or savings for this contract is not provided, making a precise assessment difficult.

How does the performance of this contract align with the operational effectiveness of the Tomahawk missile system?

The effective functioning of the Tactical Tomahawk Weapon Control System is crucial for the operational readiness and effectiveness of the Tomahawk missile system. While the contract was awarded and executed, its alignment with overall system effectiveness would be assessed through operational testing, deployment records, and mission success rates, which are not detailed in this data.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingOther Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing

Product/Service Code: GUIDED MISSLES

Competition & Pricing

Extent Competed: NOT AVAILABLE FOR COMPETITION

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: N0001910R0030

Offers Received: 1

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Parent Company: Lockheed Martin Corp

Address: 9500 GODWIN DR, MANASSAS, VA, 20110

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

Financial Breakdown

Contract Ceiling: $33,760,193

Exercised Options: $33,760,193

Current Obligation: $33,687,618

Subaward Activity

Number of Subawards: 10

Total Subaward Amount: $-38,088

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2010-08-31

Current End Date: 2016-11-30

Potential End Date: 2016-11-30 00:00:00

Last Modified: 2022-05-20

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