Navy Awards Boeing $150M for F/A-18E/F SLM Aircraft Manufacturing

Contract Overview

Contract Amount: $150,033,362 ($150.0M)

Contractor: THE Boeing Company

Awarding Agency: Department of Defense

Start Date: 2025-12-15

End Date: 2028-01-31

Contract Duration: 777 days

Daily Burn Rate: $193.1K/day

Competition Type: NOT COMPETED

Pricing Type: COST PLUS INCENTIVE FEE

Sector: Defense

Official Description: F/A-18E/F SLM SAN ANTONIO AIRCRAFT

Place of Performance

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

State: Missouri Government Spending

Plain-Language Summary

Department of Defense obligated $150.0 million to THE BOEING COMPANY for work described as: F/A-18E/F SLM SAN ANTONIO AIRCRAFT Key points: 1. Significant contract value for advanced fighter jet production. 2. Sole reliance on Boeing raises competition concerns. 3. Potential for cost overruns with Cost Plus Incentive Fee contract type. 4. Aircraft Manufacturing sector sees substantial defense investment.

Value Assessment

Rating: fair

The contract value of $150M for F/A-18E/F SLM aircraft appears within a reasonable range for specialized defense manufacturing. However, without specific per-unit cost data or comparison to similar sole-source contracts, a definitive assessment of pricing efficiency is challenging.

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 lack of competition limits price discovery and may result in higher costs for taxpayers compared to a fully competitive process.

Taxpayer Impact: The absence of competition for this significant defense contract means taxpayers may not be receiving the best possible price, potentially leading to increased overall defense spending.

Public Impact

Ensures continued production of critical naval air assets. Supports advanced fighter jet capabilities for the U.S. Navy. Impacts the defense industrial base and associated employment.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of competition
  • Cost Plus Incentive Fee contract type
  • Long contract duration

Positive Signals

  • Secures essential military hardware
  • Supports a key defense contractor

Sector Analysis

The Aircraft Manufacturing sector, particularly for defense applications, is characterized by high barriers to entry and significant R&D investment. Spending benchmarks for fighter jet programs are typically in the hundreds of millions to billions, making this $150M award substantial but not exceptionally large within the context of major defense procurement.

Small Business Impact

This contract is awarded to a large prime contractor, The Boeing Company. There is no indication of subcontracting opportunities for small businesses within the provided data, suggesting limited direct impact on the small business sector for this specific award.

Oversight & Accountability

The Department of the Navy is responsible for oversight of this contract. The Cost Plus Incentive Fee structure requires careful monitoring of performance and costs to ensure value for money and prevent excessive profit.

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 inherent cost overrun risk.
  • Long contract duration increases exposure to market and technical changes.
  • Lack of transparency on per-unit cost makes value assessment difficult.

Tags

aircraft-manufacturing, department-of-defense, mo, delivery-order, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $150.0 million to THE BOEING COMPANY. F/A-18E/F SLM SAN ANTONIO 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 $150.0 million.

What is the period of performance?

Start: 2025-12-15. End: 2028-01-31.

What is the projected cost per aircraft under this contract, and how does it compare to previous F/A-18E/F procurements or similar aircraft?

The provided data does not specify the number of aircraft to be delivered, making it impossible to calculate a precise per-unit cost. Without this information, a direct comparison to previous procurements or similar aircraft is not feasible. Further analysis would require details on the quantity of aircraft included in the $150M award.

What are the specific incentive metrics and target costs associated with the Cost Plus Incentive Fee structure, and what are the potential risks of cost overruns?

The specific incentive metrics and target costs are not detailed in the provided data. The Cost Plus Incentive Fee (CPIF) structure aims to incentivize contractor efficiency by sharing cost savings or overruns. However, risks of cost overruns remain, especially in complex manufacturing, if targets are not well-defined or if unforeseen technical challenges arise.

How will the Department of the Navy ensure effective competition for future F/A-18E/F sustainment or upgrade contracts, given this sole-source award?

The Department of the Navy should explore strategies to foster future competition, such as breaking down future requirements into smaller, more competitive packages or actively seeking alternative sources for sustainment and upgrades. Proactive market research and engagement with potential new entrants could mitigate the long-term effects of this sole-source award.

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 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: $150,033,362

Exercised Options: $150,033,362

Current Obligation: $150,033,362

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N0001926D0008

IDV Type: IDC

Timeline

Start Date: 2025-12-15

Current End Date: 2028-01-31

Potential End Date: 2028-01-31 00:00:00

Last Modified: 2025-12-16

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