Navy Awards Boeing $45M for F/A-18E/F Aircraft Production, Facing Limited Competition

Contract Overview

Contract Amount: $44,982,095 ($45.0M)

Contractor: THE Boeing Company

Awarding Agency: Department of Defense

Start Date: 2024-04-16

End Date: 2026-06-30

Contract Duration: 805 days

Daily Burn Rate: $55.9K/day

Competition Type: NOT COMPETED

Pricing Type: COST PLUS INCENTIVE FEE

Sector: Defense

Official Description: F/A-18E/F OP24 PPP SLM AIRCRAFT

Place of Performance

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

State: Missouri Government Spending

Plain-Language Summary

Department of Defense obligated $45.0 million to THE BOEING COMPANY for work described as: F/A-18E/F OP24 PPP SLM AIRCRAFT Key points: 1. Significant contract value for advanced fighter aircraft production. 2. Sole-source award to Boeing raises concerns about price discovery. 3. Potential for cost overruns due to Cost Plus Incentive Fee contract type. 4. Aircraft Manufacturing sector sees substantial defense spending.

Value Assessment

Rating: questionable

The $44.98 million award for F/A-18E/F aircraft production is difficult to benchmark without detailed cost breakdowns. The Cost Plus Incentive Fee structure suggests potential for costs to exceed initial estimates, especially given the lack of competition.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award to The Boeing Company. This limits price discovery and may result in higher costs for taxpayers compared to a competitive procurement process.

Taxpayer Impact: The lack of competition on this significant contract could lead to suboptimal pricing, impacting taxpayer value.

Public Impact

Ensures continued production of critical naval fighter aircraft. Supports jobs within the aerospace manufacturing sector. Potential for increased defense readiness with updated aircraft.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Cost Plus Incentive Fee contract type
  • Lack of transparency in pricing

Positive Signals

  • Supports critical defense capabilities
  • Long-term production for essential aircraft

Sector Analysis

The Department of the Navy's spending in the Aircraft Manufacturing sector is substantial, reflecting the high cost of advanced military platforms. This award aligns with typical defense procurement patterns for complex aircraft.

Small Business Impact

This contract does not appear to directly benefit small businesses, as it is a sole-source award to a large prime contractor. Subcontracting opportunities for small businesses would depend on Boeing's procurement practices.

Oversight & Accountability

The Department of Defense, specifically the Department of the Navy, is responsible for overseeing this contract. Robust oversight is crucial to manage costs and ensure performance under the Cost Plus Incentive Fee structure.

Related Government Programs

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

Risk Flags

  • Sole-source award limits price competition.
  • Cost Plus Incentive Fee contract type carries risk of cost overruns.
  • Potential for reduced taxpayer value due to lack of competition.
  • Limited transparency on total contract cost and performance metrics.

Tags

aircraft-manufacturing, department-of-defense, mo, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $45.0 million to THE BOEING COMPANY. F/A-18E/F OP24 PPP SLM AIRCRAFT

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 $45.0 million.

What is the period of performance?

Start: 2024-04-16. End: 2026-06-30.

What is the projected total cost for the full production run of F/A-18E/F aircraft under this contract type, and how does it compare to similar historical contracts?

The current award is for $44.98 million, but the total cost for the full production run is not specified. Cost Plus Incentive Fee contracts carry inherent risks of cost growth. A detailed comparison to historical contracts would require access to more granular cost data and contract terms to assess value effectively.

What are the specific risks associated with the Cost Plus Incentive Fee (CPIF) contract type for this aircraft production, and how are they being mitigated?

CPIF contracts incentivize both the contractor and the government to control costs, but they also carry risks of cost overruns if targets are not met or if the incentive structure is not well-defined. Mitigation strategies typically involve stringent oversight, clear performance metrics, and robust negotiation of target costs and fee structures.

How does the lack of competition in this sole-source award impact the government's ability to ensure cost-effectiveness and technological advancement?

Sole-source awards inherently limit price competition, potentially leading to higher costs for the government. While Boeing is a sole provider for certain aspects of the F/A-18, the lack of competition reduces pressure to innovate on cost and may limit the government's leverage in negotiating advanced features or upgrades.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingAircraft Manufacturing

Product/Service Code: AEROSPACE CRAFT AND STRUCTURAL COMPONENTS

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Pricing Type: COST PLUS INCENTIVE FEE (V)

Evaluated Preference: NONE

Contractor Details

Address: 6200 JS 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: $44,982,095

Exercised Options: $44,982,095

Current Obligation: $44,982,095

Subaward Activity

Number of Subawards: 13

Total Subaward Amount: $2,671,278

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: N0001918D0001

IDV Type: IDC

Timeline

Start Date: 2024-04-16

Current End Date: 2026-06-30

Potential End Date: 2026-06-30 00:00:00

Last Modified: 2026-01-08

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