Boeing Awarded $6.9M for FMS ISS Support by Navy, No Competition

Contract Overview

Contract Amount: $6,939,456 ($6.9M)

Contractor: THE Boeing Company

Awarding Agency: Department of Defense

Start Date: 2024-02-01

End Date: 2026-01-31

Contract Duration: 730 days

Daily Burn Rate: $9.5K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: FMS ISS SUPPORT

Place of Performance

Location: SAINT LOUIS, SAINT LOUIS County, MISSOURI, 63134

State: Missouri Government Spending

Plain-Language Summary

Department of Defense obligated $6.9 million to THE BOEING COMPANY for work described as: FMS ISS SUPPORT Key points: 1. Contract awarded to The Boeing Company for FMS ISS Support. 2. Significant contract value of $6.94 million. 3. No competition was involved in this award. 4. The contract falls under Aircraft Manufacturing sector.

Value Assessment

Rating: questionable

The contract type is Cost Plus Fixed Fee, which can lead to cost overruns if not managed carefully. Without competitive bidding, it's difficult to assess if the fixed fee is reasonable.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award. This limits price discovery and potentially leads to higher costs for taxpayers as there is no market pressure to offer the best price.

Taxpayer Impact: The lack of competition may result in the government paying more than necessary for these services, impacting taxpayer funds.

Public Impact

Taxpayers may be overpaying due to the absence of competitive bidding. Potential for cost escalation under the Cost Plus Fixed Fee contract type. Lack of transparency in the procurement process. Dependence on a single contractor for critical support services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Cost-plus contract type
  • Lack of transparency

Positive Signals

  • Award to established contractor
  • Clear contract duration

Sector Analysis

This contract is within the Aircraft Manufacturing sector, which often involves complex and specialized services. Benchmarks for similar support contracts are difficult to ascertain without competitive data.

Small Business Impact

The contract was awarded to The Boeing Company, a large business. There is no indication that small businesses were involved in this procurement, either as prime contractors or subcontractors.

Oversight & Accountability

Oversight is crucial for Cost Plus Fixed Fee contracts to ensure costs are reasonable and the contractor is performing effectively. The sole-source nature necessitates robust government monitoring.

Related Government Programs

  • Aircraft Manufacturing
  • Department of Defense Contracting
  • Department of the Navy Programs

Risk Flags

  • Lack of competition
  • Potential for cost overruns
  • Limited transparency
  • No small business participation

Tags

aircraft-manufacturing, department-of-defense, mo, definitive-contract, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $6.9 million to THE BOEING COMPANY. FMS ISS SUPPORT

Who is the contractor on this award?

The obligated recipient is THE BOEING COMPANY.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $6.9 million.

What is the period of performance?

Start: 2024-02-01. End: 2026-01-31.

What is the justification for the sole-source award, and how was the fixed fee determined to be fair and reasonable?

The justification for a sole-source award typically involves unique capabilities or urgent needs. Without a competitive process, the government must independently verify the fairness and reasonableness of the fixed fee through cost analysis and market research. This ensures that the price reflects the value of the services provided and prevents potential overpayment.

What are the specific risks associated with a Cost Plus Fixed Fee contract in this context, and how are they being mitigated?

The primary risk of a Cost Plus Fixed Fee contract is that the contractor may have less incentive to control costs, as the government bears most of the expense. Mitigation strategies include rigorous oversight, detailed cost tracking, performance metrics, and clear contract clauses that penalize inefficiencies or reward cost savings. Effective management is key to preventing cost overruns.

How does this contract contribute to the overall effectiveness of the Department of the Navy's FMS ISS program?

The effectiveness of this contract hinges on the contractor's ability to deliver the specified FMS ISS support reliably and efficiently. Its contribution to the program's overall success depends on the criticality of the support provided, the contractor's expertise, and the alignment of the contract's objectives with the Navy's mission requirements. Performance monitoring is essential to gauge its true impact.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingAircraft Manufacturing

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 6200 JAMES S MCDONNELL BLVD, SAINT LOUIS, MO, 63134

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: $20,353,861

Exercised Options: $7,915,740

Current Obligation: $6,939,456

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2024-02-01

Current End Date: 2026-01-31

Potential End Date: 2029-01-31 00:00:00

Last Modified: 2025-12-09

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