DoD awards $129M for LPD 26 electronics, a sole-source contract with Raytheon Company

Contract Overview

Contract Amount: $128,916,860 ($128.9M)

Contractor: Raytheon Company

Awarding Agency: Department of Defense

Start Date: 2010-10-29

End Date: 2018-12-31

Contract Duration: 2,985 days

Daily Burn Rate: $43.2K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: LONG-LEAD-TIME MATERIAL FOR LPD 26 INTEGRATED SHIPBOARD ELECTRONICS

Place of Performance

Location: SAN DIEGO, SAN DIEGO County, CALIFORNIA, 92123

State: California Government Spending

Plain-Language Summary

Department of Defense obligated $128.9 million to RAYTHEON COMPANY for work described as: LONG-LEAD-TIME MATERIAL FOR LPD 26 INTEGRATED SHIPBOARD ELECTRONICS Key points: 1. Significant investment in critical naval technology. 2. Sole-source award raises questions about price discovery. 3. Long lead-time material suggests complex, extended project. 4. Focus on shipbuilding and repair sector.

Value Assessment

Rating: questionable

The contract value of $128.9M for long-lead-time material is substantial. Without competitive bidding, it's difficult to assess if this price is optimal compared to potential alternatives or historical benchmarks for similar integrated shipboard electronics.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award to Raytheon Company. 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 for this significant award means taxpayers may be paying a premium for the required materials, as alternative suppliers or pricing structures were not explored.

Public Impact

Ensures continued development of naval capabilities. Potential for cost overruns due to sole-source nature. Impacts the defense industrial base and supply chain. Supports jobs in shipbuilding and electronics manufacturing.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Cost-plus contract type
  • Long contract duration

Positive Signals

  • Critical defense procurement
  • Supports advanced naval technology

Sector Analysis

This contract falls within the shipbuilding and repairing sector, specifically for integrated shipboard electronics. Spending benchmarks in this specialized area are hard to establish without competitive data, but large sole-source awards warrant scrutiny.

Small Business Impact

The data does not indicate any specific provisions or benefits for small businesses in this sole-source award. Further analysis would be needed to determine if subcontracting opportunities exist for small businesses.

Oversight & Accountability

The Department of Defense, through the Defense Contract Management Agency, is responsible for overseeing this contract. The sole-source nature necessitates robust oversight to ensure cost reasonableness and performance.

Related Government Programs

  • Ship Building and Repairing
  • Department of Defense Contracting
  • Defense Contract Management Agency Programs

Risk Flags

  • Sole-source award limits price competition.
  • Cost-plus contract type can lead to cost overruns.
  • Long contract duration increases risk exposure.
  • Lack of small business participation noted.

Tags

ship-building-and-repairing, department-of-defense, ca, definitive-contract, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $128.9 million to RAYTHEON COMPANY. LONG-LEAD-TIME MATERIAL FOR LPD 26 INTEGRATED SHIPBOARD ELECTRONICS

Who is the contractor on this award?

The obligated recipient is RAYTHEON COMPANY.

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Contract Management Agency).

What is the total obligated amount?

The obligated amount is $128.9 million.

What is the period of performance?

Start: 2010-10-29. End: 2018-12-31.

What is the justification for the sole-source award, and were alternative procurement strategies considered?

The justification for a sole-source award typically stems from unique capabilities, proprietary technology, or urgent needs where only one source can fulfill the requirement. Without specific documentation, it's presumed the DoD determined Raytheon was the only viable option for this specialized long-lead-time material for LPD 26.

How will the cost-plus fixed fee structure be managed to ensure taxpayer value given the lack of competition?

Cost-plus fixed fee contracts require stringent oversight to control costs. The DoD must meticulously audit incurred costs and ensure the fixed fee remains reasonable. Robust performance metrics and regular reviews are crucial to mitigate risks associated with cost overruns and ensure the final price reflects fair value.

What are the projected risks and mitigation strategies for delivering this long-lead-time material on schedule and within budget?

Key risks include supply chain disruptions, technological obsolescence, and cost escalation. Mitigation strategies involve proactive supplier management, contingency planning for material shortages, and rigorous schedule adherence. The long duration necessitates continuous monitoring and adaptive management to address unforeseen challenges.

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

Solicitation ID: N0002410R2237

Offers Received: 1

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Parent Company: RTX Corp

Address: 8680 BALBOA AVE, SAN DIEGO, CA, 92123

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: $133,779,064

Exercised Options: $133,493,564

Current Obligation: $128,916,860

Actual Outlays: $129

Subaward Activity

Number of Subawards: 290

Total Subaward Amount: $43,519,410

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2010-10-29

Current End Date: 2018-12-31

Potential End Date: 2018-12-31 00:00:00

Last Modified: 2022-09-14

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