DoD's $1.63B Ship Repair Contract Awarded to Huntington Ingalls Inc. in 2005

Contract Overview

Contract Amount: $1,957,373,076 ($2.0B)

Contractor: Huntington Ingalls Inc

Awarding Agency: Department of Defense

Start Date: 2005-11-29

End Date: 2009-03-13

Contract Duration: 1,200 days

Daily Burn Rate: $1.6M/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: COST PLUS INCENTIVE FEE

Sector: Defense

Place of Performance

Location: NEWPORT NEWS, NEWPORT NEWS CITY County, VIRGINIA, 23607

State: Virginia Government Spending

Plain-Language Summary

Department of Defense obligated $1.96 billion to HUNTINGTON INGALLS INC for work described as: Key points: 1. Significant contract value of $1.63 billion for ship building and repair. 2. Awarded to a single large business, Huntington Ingalls Inc. 3. Contract type is Cost Plus Incentive Fee, indicating shared risk and potential for cost overruns. 4. The sector is Defense, specifically ship building and repair, a critical but often high-cost area.

Value Assessment

Rating: questionable

The Cost Plus Incentive Fee (CPIF) contract type can lead to higher final costs than fixed-price contracts if not managed carefully. The benchmark for similar contracts is not readily available, but CPIF awards often carry a risk of exceeding initial estimates.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, suggesting a sole-source award. Lack of competition limits price discovery and potentially leads to higher costs for taxpayers. The rationale for sole-sourcing is not provided.

Taxpayer Impact: The absence of competition likely resulted in a higher price for taxpayers than if the contract had been competitively bid.

Public Impact

Taxpayers may have paid more due to the lack of competitive bidding. The long duration (1200 days) and CPIF structure could lead to cost escalations. Dependence on a single contractor for critical naval repair services poses a strategic risk.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Cost Plus Incentive Fee contract type
  • Lack of transparency on justification for sole-sourcing

Positive Signals

  • Awarded to a major defense contractor with established capabilities

Sector Analysis

This contract falls within the Defense sector, specifically ship building and repair. Spending in this area is substantial and critical for national security, but often characterized by complex, high-value, and long-term contracts.

Small Business Impact

The contract was awarded to a large business (Huntington Ingalls Inc.) and there is no indication of small business participation. This suggests a missed opportunity for small business engagement in this significant defense expenditure.

Oversight & Accountability

The sole-source nature of this award warrants scrutiny regarding the justification for not competing the contract. Oversight would be crucial to ensure cost controls and performance under the CPIF structure.

Related Government Programs

  • Ship Building and Repairing
  • Department of Defense Contracting
  • Department of the Navy Programs

Risk Flags

  • Lack of competition
  • Potential for cost overruns due to CPIF
  • No clear justification for sole-sourcing provided
  • Long contract duration
  • No small business participation indicated

Tags

ship-building-and-repairing, department-of-defense, va, definitive-contract, billion-dollar

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $1.96 billion to HUNTINGTON INGALLS INC. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is HUNTINGTON INGALLS INC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $1.96 billion.

What is the period of performance?

Start: 2005-11-29. End: 2009-03-13.

What was the final cost of this contract, and how did it compare to the initial estimate and similar contracts?

The initial award was for $1.63 billion, with a duration of 1200 days. Without knowing the final obligated amount and comparing it to the target cost and incentive fee structure, it's difficult to assess the final value. Benchmarking against similar ship repair contracts awarded competitively during that period would provide further insight into whether the government received fair pricing.

What specific circumstances justified the sole-source award for this critical ship repair service?

The justification for a sole-source award typically involves factors like urgency, unique capabilities, or lack of available competition. For a contract of this magnitude and duration in ship repair, a thorough review of the contracting officer's justification is necessary to ensure it was indeed the only viable option and not a result of poor planning or contractor influence.

How effectively was the Cost Plus Incentive Fee structure managed to control costs and incentivize performance?

The CPIF structure aims to align contractor and government interests by sharing cost savings or overruns. Effective management requires clear performance metrics, robust oversight of contractor expenditures, and timely adjustments to incentive targets. Without post-award data on cost performance and incentive payouts, it's challenging to evaluate the efficiency and effectiveness of this specific CPIF implementation.

Industry Classification

NAICS: ManufacturingShip and Boat BuildingShip Building and Repairing

Product/Service Code: SHIPS, SMALL CRAFT, PONTOON, DOCKS

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: COST PLUS INCENTIVE FEE (V)

Evaluated Preference: NONE

Contractor Details

Parent Company: Huntington Ingalls Industries, Inc

Address: 4101 WASHINGTON AVE BLDG 520/3, NEWPORT NEWS, VA, 23607

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2005-11-29

Current End Date: 2009-03-13

Potential End Date: 2009-03-13 00:00:00

Last Modified: 2025-11-07

More Contracts from Huntington Ingalls Inc

View all Huntington Ingalls Inc federal contracts →

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending