DoD awards $673M for T408 Engine parts to GE, raising concerns about sole-source procurement and cost reduction

Contract Overview

Contract Amount: $673,140,164 ($673.1M)

Contractor: General Electric Company

Awarding Agency: Department of Defense

Start Date: 2023-04-26

End Date: 2027-06-18

Contract Duration: 1,514 days

Daily Burn Rate: $444.6K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: T408 IAF ENGINES AND COST REDUCTION INITIATIVES

Place of Performance

Location: LYNN, ESSEX County, MASSACHUSETTS, 01905

State: Massachusetts Government Spending

Plain-Language Summary

Department of Defense obligated $673.1 million to GENERAL ELECTRIC COMPANY for work described as: T408 IAF ENGINES AND COST REDUCTION INITIATIVES Key points: 1. Significant contract value of $673 million for aircraft engines. 2. Sole-source award to General Electric Company limits competition. 3. Potential risk associated with long-term contract duration (1514 days). 4. Spending falls within the Aircraft Engine and Engine Parts Manufacturing sector.

Value Assessment

Rating: questionable

The contract's pricing is difficult to assess without competitive benchmarks. The firm fixed-price structure aims to control costs, but the lack of competition raises questions about whether the government is achieving the best possible price.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award to General Electric Company. This approach bypasses competitive bidding, potentially leading to higher prices and reduced innovation compared to an open market scenario.

Taxpayer Impact: The lack of competition in this sole-source award may result in taxpayers paying a premium for these critical aircraft engine components.

Public Impact

Impacts military readiness and operational capabilities reliant on T408 engines. Potential for increased defense spending due to lack of competitive pricing. Highlights reliance on a single supplier for critical aerospace components.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Lack of competition
  • Long contract duration

Positive Signals

  • Firm fixed-price contract type
  • Focus on cost reduction initiatives

Sector Analysis

This contract falls under the Aircraft Engine and Engine Parts Manufacturing sector, a critical component of the aerospace and defense industry. Spending benchmarks for similar sole-source engine contracts are often high due to specialized manufacturing and R&D.

Small Business Impact

The contract data indicates no specific provisions or set-asides for small businesses. The award to a large prime contractor like General Electric Company suggests limited direct opportunities for small businesses in this specific procurement.

Oversight & Accountability

The contract's sole-source nature warrants close oversight to ensure cost-effectiveness and adherence to any stated cost reduction initiatives. Accountability for performance and pricing should be rigorously monitored by the Defense Contract Management Agency.

Related Government Programs

  • Aircraft Engine and Engine Parts Manufacturing
  • Department of Defense Contracting
  • Defense Contract Management Agency Programs

Risk Flags

  • Sole-source award limits competition and potentially inflates costs.
  • Lack of transparency regarding cost reduction initiatives.
  • Long contract duration may not be optimal for evolving technology.
  • Potential for vendor lock-in with a single supplier.

Tags

aircraft-engine-and-engine-parts-manufac, department-of-defense, ma, definitive-contract, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $673.1 million to GENERAL ELECTRIC COMPANY. T408 IAF ENGINES AND COST REDUCTION INITIATIVES

Who is the contractor on this award?

The obligated recipient is GENERAL ELECTRIC 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 $673.1 million.

What is the period of performance?

Start: 2023-04-26. End: 2027-06-18.

What specific cost reduction initiatives are being implemented under this contract, and what are the projected savings?

The contract mentions 'Cost Reduction Initiatives,' but specific details and projected savings are not publicly available in this data. Further inquiry with the contracting agency would be necessary to understand the scope and expected financial benefits of these initiatives. Without this information, it's difficult to assess the true value proposition beyond the base contract price.

What is the justification for awarding this contract on a sole-source basis, and have alternatives been 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 further documentation, it's unclear if alternatives were thoroughly explored or if specific technical or logistical factors necessitated this approach. This lack of competition is a primary risk factor.

How will the effectiveness of the T408 engines and the cost reduction initiatives be measured and reported throughout the contract's duration?

Effectiveness measurement would likely involve performance metrics related to engine reliability, maintenance intervals, and fuel efficiency, alongside tracking the financial impact of cost reduction efforts. The Defense Contract Management Agency would be responsible for monitoring these aspects. Clear reporting mechanisms and defined success criteria are crucial for accountability.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingAircraft Engine and Engine Parts Manufacturing

Product/Service Code: ENGINES AND TURBINES AND COMPONENT

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: N0001921R0034

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1000 WESTERN AVE, LYNN, MA, 01905

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: $719,964,228

Exercised Options: $719,964,228

Current Obligation: $673,140,164

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2023-04-26

Current End Date: 2027-06-18

Potential End Date: 2027-06-18 00:00:00

Last Modified: 2026-03-04

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