DoD's Raytheon Company Awarded $25.2M for Guided Missile Manufacturing in FY09

Contract Overview

Contract Amount: $25,228,715 ($25.2M)

Contractor: Raytheon Company

Awarding Agency: Department of Defense

Start Date: 2009-03-24

End Date: 2014-06-30

Contract Duration: 1,924 days

Daily Burn Rate: $13.1K/day

Competition Type: NOT AVAILABLE FOR COMPETITION

Number of Offers Received: 1

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: FY09 ENGR TECH SVCS

Place of Performance

Location: PORTSMOUTH, NEWPORT County, RHODE ISLAND, 02871

State: Rhode Island Government Spending

Plain-Language Summary

Department of Defense obligated $25.2 million to RAYTHEON COMPANY for work described as: FY09 ENGR TECH SVCS Key points: 1. Significant contract value of $25.2M awarded to a major defense contractor. 2. Limited competition due to the specialized nature of guided missile manufacturing. 3. Potential risk associated with cost-plus contracts requiring robust oversight. 4. Spending concentrated in the Defense sector, specifically missile manufacturing.

Value Assessment

Rating: fair

The contract type is Cost Plus Fixed Fee, which can lead to higher costs if not managed carefully. Without specific benchmarks for similar guided missile manufacturing contracts, it's difficult to definitively assess pricing efficiency.

Cost Per Unit: N/A

Competition Analysis

Competition Level: limited

The contract was not available for competition, suggesting a limited or sole-source award. This lack of competition may have impacted price discovery and potentially led to higher costs for the government.

Taxpayer Impact: The $25.2M awarded represents taxpayer funds allocated to defense procurement. The lack of competition raises concerns about whether the best possible price was achieved.

Public Impact

Taxpayers fund critical defense capabilities, including guided missile production. The contract supports advanced manufacturing and technological development in the defense industry. Award to a large corporation highlights the role of major defense contractors in national security.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Cost Plus Fixed Fee contract type
  • Limited competition
  • Lack of specific unit cost data

Positive Signals

  • Supports critical defense manufacturing
  • Award to established contractor

Sector Analysis

This contract falls within the Defense sector, specifically focusing on guided missile and space vehicle manufacturing. Spending in this area is driven by national security needs and technological advancements, often involving large, specialized contracts.

Small Business Impact

The data indicates this contract was awarded to Raytheon Company, a large corporation. There is no indication of small business participation in this specific award, suggesting opportunities may be limited for smaller entities in this specialized defense manufacturing area.

Oversight & Accountability

The contract type (Cost Plus Fixed Fee) necessitates strong government oversight to ensure costs are reasonable and the fixed fee is justified. Monitoring performance and expenditures is crucial for accountability.

Related Government Programs

  • Guided Missile and Space Vehicle Manufacturing
  • Department of Defense Contracting
  • Department of the Navy Programs

Risk Flags

  • Cost Plus Fixed Fee contract type can incentivize higher spending.
  • Limited competition may result in suboptimal pricing.
  • Lack of transparency on specific performance metrics.
  • Long contract duration (1924 days) increases oversight burden.

Tags

guided-missile-and-space-vehicle-manufac, department-of-defense, ri, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $25.2 million to RAYTHEON COMPANY. FY09 ENGR TECH SVCS

Who is the contractor on this award?

The obligated recipient is RAYTHEON 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 $25.2 million.

What is the period of performance?

Start: 2009-03-24. End: 2014-06-30.

What is the typical profit margin for Cost Plus Fixed Fee contracts in guided missile manufacturing, and how does Raytheon's fee compare?

Profit margins for Cost Plus Fixed Fee contracts in specialized defense manufacturing can vary significantly based on contract complexity, risk, and market conditions. Without specific data on Raytheon's fee for this contract and industry-wide benchmarks, a direct comparison is not possible. However, agencies typically aim for fees that reflect the contractor's performance and the level of risk assumed.

What were the specific reasons for the limited competition on this guided missile manufacturing contract?

Limited competition often arises in defense contracts due to the highly specialized nature of the technology, proprietary manufacturing processes, or the need for specific expertise possessed by only a few contractors. For guided missile manufacturing, unique technical requirements, existing infrastructure, or prior development investments by a specific company could necessitate a limited or sole-source award.

How does the $25.2M contract value compare to other similar guided missile manufacturing contracts awarded by the Department of Defense around FY09?

Comparing this $25.2M contract requires access to historical spending data for similar guided missile manufacturing efforts. The value could be considered moderate to large depending on the specific type and quantity of missiles. Factors like technological sophistication, production volume, and contract duration would influence its relative size within the DoD's overall missile procurement budget.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingGuided Missile and Space Vehicle Manufacturing

Product/Service Code: GUIDED MISSLES

Competition & Pricing

Extent Competed: NOT AVAILABLE FOR COMPETITION

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: N0002408R5405

Offers Received: 1

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Parent Company: Rockwell Collins Australia PTY Limited

Address: 1847 W MAIN RD, PORTSMOUTH, RI, 02871

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $25,962,040

Exercised Options: $25,516,002

Current Obligation: $25,228,715

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2009-03-24

Current End Date: 2014-06-30

Potential End Date: 2014-06-30 00:00:00

Last Modified: 2024-09-17

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