Navy Awards $1.22 Billion for USS Boise (SSN 764) Planning to Huntington Ingalls Inc

Contract Overview

Contract Amount: $1,218,462,083 ($1.2B)

Contractor: Huntington Ingalls Inc

Awarding Agency: Department of Defense

Start Date: 2017-10-16

End Date: 2029-09-30

Contract Duration: 4,367 days

Daily Burn Rate: $279.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: USS BOISE (SSN 764) PLANNING

Place of Performance

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

State: Virginia Government Spending

Plain-Language Summary

Department of Defense obligated $1.22 billion to HUNTINGTON INGALLS INC for work described as: USS BOISE (SSN 764) PLANNING Key points: 1. Significant investment in submarine planning, indicating long-term defense strategy. 2. Sole provider for this specific planning phase, raising questions about competition. 3. Long contract duration (2017-2029) suggests complex and extensive planning requirements. 4. High contract value highlights the substantial cost associated with naval shipbuilding.

Value Assessment

Rating: questionable

The contract value of $1.22 billion for planning is substantial. Benchmarking against similar submarine planning contracts is difficult without more specific details on the scope of work, but the overall cost warrants scrutiny.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which is positive for price discovery. However, the specific planning phase might have limited the number of actual bidders.

Taxpayer Impact: Taxpayer funds are being utilized for a critical defense asset, with the expectation of value derived from a competitive process.

Public Impact

Impacts national security through investment in submarine fleet modernization. Supports jobs in the shipbuilding and repair sector, particularly at Huntington Ingalls. Potential for technological advancements in submarine design and construction.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Potential for cost overruns in long-term planning contracts.
  • Dependence on a single contractor for critical planning phases.
  • Uncertainty in final delivery cost and timeline.

Positive Signals

  • Awarded through full and open competition.
  • Addresses a critical need for naval fleet readiness.
  • Long-term planning ensures strategic alignment.

Sector Analysis

This contract falls within the Defense sector, specifically ship building and repairing. Spending benchmarks for submarine planning are highly variable due to complexity and technological requirements, but $1.22 billion is a significant allocation.

Small Business Impact

The data does not indicate any specific subcontracting or set-asides for small businesses in this planning contract. Further analysis would be needed to determine small business participation.

Oversight & Accountability

The Department of the Navy is responsible for oversight of this contract. The long duration and high value necessitate robust oversight to ensure adherence to scope, budget, and timeline.

Related Government Programs

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

Risk Flags

  • Cost Overruns
  • Schedule Delays
  • Scope Creep
  • Contractor Performance Risk

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 $1.22 billion to HUNTINGTON INGALLS INC. USS BOISE (SSN 764) PLANNING

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 $1.22 billion.

What is the period of performance?

Start: 2017-10-16. End: 2029-09-30.

What specific planning activities are included in this $1.22 billion contract to justify the cost?

The contract likely encompasses preliminary design, engineering studies, risk assessments, and detailed planning for the construction of the USS Boise (SSN 764). This includes defining technical specifications, material procurement strategies, and construction methodologies to ensure the submarine meets operational requirements and safety standards.

What are the primary risks associated with a Cost Plus Fixed Fee contract for submarine planning?

A Cost Plus Fixed Fee (CPFF) contract carries risks of cost overruns if the contractor's actual costs exceed initial estimates, although the fixed fee provides some incentive for efficiency. The government bears the risk of cost increases, and careful monitoring is required to prevent scope creep and ensure the fixed fee remains appropriate.

How does this planning contract contribute to the overall effectiveness of the US submarine fleet?

This planning contract is crucial for the effective modernization and expansion of the US submarine fleet. It ensures that new vessels like the USS Boise are designed with the latest technological advancements, strategic requirements, and operational capabilities, thereby maintaining the nation's undersea warfare superiority and deterrence.

Industry Classification

NAICS: ManufacturingShip and Boat BuildingShip Building and Repairing

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: N0002417R4314

Offers Received: 2

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Parent Company: Huntington Ingalls Industries, Inc

Address: 4101 WASHINGTON AVE, NEWPORT NEWS, VA, 23607

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

Financial Breakdown

Contract Ceiling: $1,774,253,487

Exercised Options: $1,744,786,092

Current Obligation: $1,218,462,083

Actual Outlays: $189,917,944

Subaward Activity

Number of Subawards: 1916

Total Subaward Amount: $616,143,543

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2017-10-16

Current End Date: 2029-09-30

Potential End Date: 2029-09-30 00:00:00

Last Modified: 2026-01-08

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