DoD Awards $86.7M for TRIDENT II (D5) Navigation Subsystem to Lockheed Martin

Contract Overview

Contract Amount: $86,748,228 ($86.7M)

Contractor: Lockheed Martin Corporation

Awarding Agency: Department of Defense

Start Date: 2011-10-01

End Date: 2013-09-30

Contract Duration: 730 days

Daily Burn Rate: $118.8K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: US/UK TRIDENT (D5) NAVIGATION SUBSYSTEM

Place of Performance

Location: UNIONDALE, NASSAU County, NEW YORK, 11553

State: New York Government Spending

Plain-Language Summary

Department of Defense obligated $86.7 million to LOCKHEED MARTIN CORPORATION for work described as: US/UK TRIDENT (D5) NAVIGATION SUBSYSTEM Key points: 1. Significant investment in critical defense technology. 2. Sole-source award to Lockheed Martin raises competition concerns. 3. Potential for cost overruns given Cost Plus Fixed Fee contract type. 4. Engineering services sector sees substantial contract value.

Value Assessment

Rating: questionable

The contract value of $86.7M for a 2-year period for engineering services is substantial. Without competitive bidding, it's difficult to assess if this price is fair and reasonable compared to market rates for similar complex defense systems.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award. This limits price discovery and potentially leads to higher costs for taxpayers as there is no market pressure to drive down prices.

Taxpayer Impact: The lack of competition in this sole-source award means taxpayers may be paying a premium for the TRIDENT II (D5) navigation subsystem.

Public Impact

Ensures the continued operational readiness of the US and UK TRIDENT II (D5) ballistic missile submarines. Supports advanced engineering and technical services for a critical national security asset. Highlights reliance on a single contractor for specialized defense components.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Cost Plus Fixed Fee contract type
  • Lack of small business participation indicated

Positive Signals

  • Critical defense system support
  • Long-term contract for essential services

Sector Analysis

This contract falls within the Engineering Services sector, specifically supporting defense systems. Spending in this area is often high due to the specialized nature and critical requirements of military technology.

Small Business Impact

The data indicates that small business participation was not a factor in this contract award. This suggests that the prime contractor, Lockheed Martin, is handling the entire scope of work, potentially missing opportunities for small business subcontracting.

Oversight & Accountability

The Department of Defense, through the Defense Contract Management Agency, is responsible for overseeing this contract. However, the sole-source nature and cost-plus contract type warrant close scrutiny to ensure efficient use of funds and prevent potential waste.

Related Government Programs

  • Engineering Services
  • Department of Defense Contracting
  • Defense Contract Management Agency Programs

Risk Flags

  • Sole-source award limits competition and price discovery.
  • Cost Plus Fixed Fee contract type can lead to cost overruns.
  • Lack of small business participation noted.
  • High contract value warrants close oversight.
  • Potential for contractor lock-in due to specialized nature of the system.

Tags

engineering-services, department-of-defense, ny, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $86.7 million to LOCKHEED MARTIN CORPORATION. US/UK TRIDENT (D5) NAVIGATION SUBSYSTEM

Who is the contractor on this award?

The obligated recipient is LOCKHEED MARTIN CORPORATION.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $86.7 million.

What is the period of performance?

Start: 2011-10-01. End: 2013-09-30.

What is the justification for the sole-source award of this critical navigation subsystem contract?

Sole-source awards are typically justified when only one responsible source can provide the required supplies or services. For complex defense systems like the TRIDENT II (D5) navigation subsystem, this could be due to proprietary technology, unique capabilities, or existing integration with other systems that only the incumbent contractor possesses.

What are the potential risks associated with a Cost Plus Fixed Fee contract for this system?

Cost Plus Fixed Fee (CPFF) contracts carry inherent risks of cost overruns. While the contractor receives a fixed fee, they are reimbursed for actual costs incurred. This can incentivize less cost-conscious behavior, as the contractor's profit is fixed regardless of the final cost, potentially leading to higher overall expenditure for the government.

How will the effectiveness of the navigation subsystem be measured and ensured under this contract?

Effectiveness is typically measured through stringent testing, performance metrics, and adherence to technical specifications outlined in the contract. The Defense Contract Management Agency (DCMA) would likely monitor progress, conduct quality assurance checks, and ensure deliverables meet the required standards for operational readiness and reliability of the TRIDENT II (D5) system.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesArchitectural, Engineering, and Related ServicesEngineering Services

Product/Service Code: QUALITY CONTROL, TEST, INSPECTIONOTHER QUALITY, TEST, INSPECT SVCS

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Parent Company: Lockheed Martin Corp

Address: 55 CHARLES LINDBERGH BLVD, UNIONDALE, NY, 11553

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

Financial Breakdown

Contract Ceiling: $92,715,318

Exercised Options: $86,748,228

Current Obligation: $86,748,228

Subaward Activity

Number of Subawards: 6

Total Subaward Amount: $439,971

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2011-10-01

Current End Date: 2013-09-30

Potential End Date: 2013-09-30 00:00:00

Last Modified: 2023-08-24

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