DoD Awards $2.8B Contract for Aircraft Engine Parts to RTX Corporation, Raising Competition Concerns

Contract Overview

Contract Amount: $2,803,077,022 ($2.8B)

Contractor: RTX Corporation

Awarding Agency: Department of Defense

Start Date: 2023-09-28

End Date: 2028-12-31

Contract Duration: 1,921 days

Daily Burn Rate: $1.5M/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: COST PLUS INCENTIVE FEE

Sector: Defense

Official Description: LOT 18 PNR/TOOLING

Place of Performance

Location: EAST HARTFORD, HARTFORD County, CONNECTICUT, 06108

State: Connecticut Government Spending

Plain-Language Summary

Department of Defense obligated $2.80 billion to RTX CORPORATION for work described as: LOT 18 PNR/TOOLING Key points: 1. Significant award to a single large corporation, RTX Corporation, for critical aircraft engine parts. 2. The contract's 'NOT COMPETED' status raises questions about potential price inflation and lack of market testing. 3. Long contract duration (1921 days) suggests a substantial, ongoing need for these specialized parts. 4. The sector is Aircraft Engine and Engine Parts Manufacturing, a key area for defense readiness.

Value Assessment

Rating: questionable

The contract value of $2.8 billion is substantial. Without competitive bidding, it's difficult to assess if this price is optimal compared to market alternatives. Benchmarking against similar sole-source contracts for specialized aerospace components 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 method limits price discovery and may lead to higher costs for taxpayers as there is no direct competition to drive down prices.

Taxpayer Impact: The lack of competition on this large contract could result in taxpayers paying a premium for aircraft engine parts, potentially diverting funds from other critical defense needs.

Public Impact

Taxpayers may be overpaying for essential aircraft engine components due to the absence of competitive bidding. The long-term nature of the contract could lock the government into potentially suboptimal pricing for years. Dependence on a single supplier for critical parts can create supply chain vulnerabilities. The defense sector's reliance on specialized, high-cost components is highlighted by this award.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

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

Positive Signals

  • Essential defense procurement
  • Award to established manufacturer

Sector Analysis

This contract falls within the Aircraft Engine and Engine Parts Manufacturing sector, a critical component of the aerospace and defense industry. Spending in this area is often characterized by high R&D costs, specialized manufacturing, and significant government reliance, sometimes leading to less competitive environments.

Small Business Impact

The contract was awarded to RTX Corporation, a large prime contractor. There is no indication of subcontracting opportunities for small businesses within the provided data, suggesting limited direct small business participation in this specific award.

Oversight & Accountability

The 'NOT COMPETED' status warrants scrutiny from oversight bodies to ensure the price is fair and reasonable and that competition was appropriately waived. Regular reviews of sole-source contracts are crucial for accountability.

Related Government Programs

  • Aircraft Engine and Engine Parts Manufacturing
  • Department of Defense Contracting
  • Department of the Navy Programs

Risk Flags

  • Lack of competition
  • Potential for inflated pricing
  • Long-term commitment without market validation
  • Sole-source dependency
  • Significant taxpayer expenditure

Tags

aircraft-engine-and-engine-parts-manufac, department-of-defense, ct, definitive-contract, billion-dollar

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $2.80 billion to RTX CORPORATION. LOT 18 PNR/TOOLING

Who is the contractor on this award?

The obligated recipient is RTX 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 $2.80 billion.

What is the period of performance?

Start: 2023-09-28. End: 2028-12-31.

What is the justification for not competing this contract, and what steps were taken to ensure a fair and reasonable price?

The justification for not competing this contract is not provided in the data. Typically, sole-source awards are made when only one responsible source can provide the required supplies or services. Agencies must conduct market research and document the rationale for sole-sourcing. To ensure a fair and reasonable price, the government usually relies on cost and price analysis techniques, including reviewing the contractor's cost data and comparing it to historical prices or independent cost estimates.

What are the potential risks associated with a sole-source award of this magnitude for critical defense components?

The primary risk is paying an inflated price due to the lack of competitive pressure. There's also a risk of reduced innovation and complacency from the sole supplier. Furthermore, dependence on a single source can create supply chain vulnerabilities, especially if the supplier faces production issues or geopolitical challenges. This could impact defense readiness and operational capabilities.

How does this contract's structure (Cost Plus Incentive Fee) impact overall value and contractor performance?

A Cost Plus Incentive Fee (CPIF) contract aims to incentivize the contractor to control costs by sharing in savings or cost overruns based on performance targets. This structure can provide better value than a simple cost-plus contract by encouraging efficiency. However, the effectiveness depends heavily on the realism of the target costs and the clarity of the incentive metrics. It still carries inherent risks of cost growth if targets are not met or are poorly defined.

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: N0001923R0652

Offers Received: 1

Pricing Type: COST PLUS INCENTIVE FEE (V)

Evaluated Preference: NONE

Contractor Details

Parent Company: RTX Corp

Address: 400 MAIN ST, EAST HARTFORD, CT, 06118

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: $3,467,339,126

Exercised Options: $3,467,339,126

Current Obligation: $2,803,077,022

Subaward Activity

Number of Subawards: 23

Total Subaward Amount: $21,107,288

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2023-09-28

Current End Date: 2028-12-31

Potential End Date: 2028-12-31 00:00:00

Last Modified: 2025-12-11

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