Navy Awards $1.72B Contract to Metro Machine Corp for CVN 76 UCA Delivery Order

Contract Overview

Contract Amount: $171,850,685 ($171.9M)

Contractor: Metro Machine Corp

Awarding Agency: Department of Defense

Start Date: 2025-01-17

End Date: 2026-08-30

Contract Duration: 590 days

Daily Burn Rate: $291.3K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: COST PLUS INCENTIVE FEE

Sector: Defense

Official Description: CVN 76 FY 25 DPIA UCA DELIVERY ORDER

Place of Performance

Location: BREMERTON, KITSAP County, WASHINGTON, 98314

State: Washington Government Spending

Plain-Language Summary

Department of Defense obligated $171.9 million to METRO MACHINE CORP for work described as: CVN 76 FY 25 DPIA UCA DELIVERY ORDER Key points: 1. Significant contract value of $1.72 billion for a critical naval asset. 2. Full and open competition indicates a potentially competitive bidding process. 3. Cost Plus Incentive Fee contract type introduces performance-based incentives and cost risks. 4. Ship Building and Repairing sector is vital for national defense capabilities.

Value Assessment

Rating: good

The Cost Plus Incentive Fee (CPIF) structure allows for shared savings and cost overruns, which can incentivize efficiency but also carries inherent risk. Benchmarking against similar complex shipbuilding contracts is necessary to fully assess value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting multiple bidders participated. This method generally promotes price discovery and competitive pricing, though the CPIF structure requires careful monitoring.

Taxpayer Impact: The competitive nature of the award is positive for taxpayers, aiming to secure the best possible price for this significant naval procurement.

Public Impact

Ensures continued operational readiness and maintenance for a key aircraft carrier. Supports jobs within the shipbuilding and repair industry. Impacts the strategic naval power projection capabilities of the U.S.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • CPIF contract type can lead to cost overruns if not managed tightly.
  • Long duration of the contract (590 days) increases exposure to market fluctuations.
  • Potential for scope creep in complex shipbuilding projects.

Positive Signals

  • Awarded under full and open competition.
  • Supports critical defense infrastructure.
  • Includes incentive fees to encourage performance.

Sector Analysis

This contract falls within the Ship Building and Repairing sector, a critical component of the defense industrial base. Spending in this area is often substantial due to the complexity and scale of naval vessels.

Small Business Impact

The data does not indicate any specific set-asides for small businesses. Metro Machine Corp is likely a large business, and further analysis would be needed to determine if small businesses are subcontracting opportunities.

Oversight & Accountability

The Department of the Navy is responsible for oversight. The CPIF contract type necessitates robust monitoring of costs and performance to ensure accountability and prevent undue expenses.

Related Government Programs

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

Risk Flags

  • Cost Overruns Risk (CPIF)
  • Schedule Delays Risk
  • Scope Creep Risk
  • Contractor Performance Risk
  • Market Fluctuation Risk

Tags

ship-building-and-repairing, department-of-defense, wa, delivery-order, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $171.9 million to METRO MACHINE CORP. CVN 76 FY 25 DPIA UCA DELIVERY ORDER

Who is the contractor on this award?

The obligated recipient is METRO MACHINE CORP.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $171.9 million.

What is the period of performance?

Start: 2025-01-17. End: 2026-08-30.

What is the historical cost performance of Metro Machine Corp on similar CPIF contracts?

Analyzing Metro Machine Corp's past performance on Cost Plus Incentive Fee contracts is crucial. This includes examining their ability to meet cost targets, achieve performance incentives, and manage project scope effectively. Understanding their track record will provide insight into the likelihood of this contract delivering good value and avoiding significant cost overruns.

How does the awarded price compare to independent cost estimates for this type of work?

Comparing the awarded amount to independent government or third-party cost estimates is essential for assessing value. Significant deviations could indicate either an exceptionally good deal or potential issues with the bidding process or cost realism. This comparison helps determine if taxpayers are receiving a fair price for the services rendered.

What are the specific performance metrics tied to the incentive fee structure?

Understanding the precise performance metrics linked to the incentive fee is vital for evaluating effectiveness. These metrics should align with key project objectives such as schedule adherence, quality standards, and cost control. Clear, measurable, and achievable incentives ensure the contractor is motivated to deliver optimal results for the Navy.

Industry Classification

NAICS: ManufacturingShip and Boat BuildingShip Building and Repairing

Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENTNON-NUCLEAR SHIP REPAIR

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: N0002418R4300

Pricing Type: COST PLUS INCENTIVE FEE (V)

Evaluated Preference: NONE

Contractor Details

Parent Company: Wico Limited

Address: 423 PACIFIC AVE STE 200, BREMERTON, WA, 98337

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

Financial Breakdown

Contract Ceiling: $174,524,332

Exercised Options: $174,524,332

Current Obligation: $171,850,685

Subaward Activity

Number of Subawards: 20

Total Subaward Amount: $66,299,373

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: N0002419D4310

IDV Type: IDC

Timeline

Start Date: 2025-01-17

Current End Date: 2026-08-30

Potential End Date: 2026-08-30 00:00:00

Last Modified: 2026-01-15

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