DoD awards L3 Technologies $49.4M for R&D in physical sciences, demonstrating existing tech

Contract Overview

Contract Amount: $49,444,484 ($49.4M)

Contractor: L3 Technologies, Inc.

Awarding Agency: Department of Defense

Start Date: 2018-10-25

End Date: 2020-06-24

Contract Duration: 608 days

Daily Burn Rate: $81.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 4

Pricing Type: COST PLUS FIXED FEE

Sector: R&D

Official Description: DEMONSTRATION OF EXISTING TECHNOLOGIES

Place of Performance

Location: SALT LAKE CITY, SALT LAKE County, UTAH, 84116

State: Utah Government Spending

Plain-Language Summary

Department of Defense obligated $49.4 million to L3 TECHNOLOGIES, INC. for work described as: DEMONSTRATION OF EXISTING TECHNOLOGIES Key points: 1. Contract awarded to L3 Technologies, Inc. for R&D services. 2. Full and open competition was utilized for this award. 3. The contract duration is 608 days. 4. The NAICS code indicates research and development in physical sciences. 5. This award falls under the 'Research and Development' sector.

Value Assessment

Rating: fair

The contract type is Cost Plus Fixed Fee, which can lead to cost overruns if not managed carefully. The award amount of $49.4M for a 608-day R&D project requires careful monitoring to ensure value.

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. This method generally promotes price discovery and potentially better pricing for the government.

Taxpayer Impact: Taxpayer funds are being used for research and development to demonstrate existing technologies, which could lead to future efficiencies or capabilities.

Public Impact

Funding advanced research and development to showcase existing technologies. Potential for future technological advancements and applications. Investment in the defense sector's technological capabilities.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Cost Plus Fixed Fee contract type can incentivize higher costs.
  • Demonstration of existing technologies may have limited novelty.

Positive Signals

  • Full and open competition utilized.
  • Awarded to a known entity, L3 Technologies, Inc.

Sector Analysis

This contract falls within the Research and Development sector, specifically NAICS 541715. Spending in this sector is crucial for innovation but requires rigorous oversight to ensure effective use of funds.

Small Business Impact

The data does not indicate any specific involvement or benefit to small businesses in this contract award.

Oversight & Accountability

Oversight will be crucial to ensure the demonstration of existing technologies meets objectives and stays within budget, given the Cost Plus Fixed Fee structure.

Related Government Programs

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

Risk Flags

  • Cost Plus Fixed Fee contract type
  • Demonstration of existing technologies may have limited innovation potential
  • Potential for cost overruns
  • Lack of small business participation

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $49.4 million to L3 TECHNOLOGIES, INC.. DEMONSTRATION OF EXISTING TECHNOLOGIES

Who is the contractor on this award?

The obligated recipient is L3 TECHNOLOGIES, INC..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $49.4 million.

What is the period of performance?

Start: 2018-10-25. End: 2020-06-24.

What is the expected return on investment for demonstrating existing technologies?

The return on investment for demonstrating existing technologies is often realized through improved operational efficiency, enhanced system capabilities, or reduced future development costs. Specific ROI metrics would depend on the technology's application and its potential to solve current defense challenges or create new strategic advantages.

What are the primary risks associated with demonstrating technologies that already exist?

Key risks include the technology not performing as expected in the intended operational environment, integration challenges with existing systems, and the potential for the demonstration to be less cost-effective than anticipated. There's also a risk that the 'existing' technology may require unforeseen modifications or updates, increasing costs and timelines.

How will the effectiveness of this R&D contract be measured?

Effectiveness will likely be measured against predefined technical performance metrics and successful demonstration milestones outlined in the contract. This includes verifying that the technology functions as intended, meets specified requirements, and provides a clear basis for potential future adoption or procurement decisions by the Department of Defense.

Industry Classification

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

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: N0001918R0008

Offers Received: 4

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Parent Company: L3harris Technologies, Inc (UEI: 004203337)

Address: 640 N 2200 W, SALT LAKE CITY, UT, 84116

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: $49,444,484

Exercised Options: $49,444,484

Current Obligation: $49,444,484

Subaward Activity

Number of Subawards: 34

Total Subaward Amount: $23,944,613

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2018-10-25

Current End Date: 2020-06-24

Potential End Date: 2020-06-24 00:00:00

Last Modified: 2020-06-23

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