DoD Awards $170M Firm Fixed Price Contract to Lockheed Martin for Aircraft Structural Components

Contract Overview

Contract Amount: $16,972,537 ($17.0M)

Contractor: Lockheed Martin Integrated Systems, LLC

Awarding Agency: Department of Defense

Start Date: 2004-06-18

End Date: 2012-01-05

Contract Duration: 2,757 days

Daily Burn Rate: $6.2K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: 200410!000163!5700!GE37 !OO-ALC/LGFD !F0960301D0207 !A!N! !N!QP25 ! !20040618!20070731!836196972!805258373!834951691!N!LOCKHEED MARTIN INTEGRATED SYS!6801 ROCKLEDGE DRIVE !BETHESDA !NJ!20817!00000! !DA!* !* !DENMARK !+000009002297!Y!N!000000000000!1560!AIRFRAME STRUCTURAL COMPONENTS !A1C!OTHER AIRCRAFT EQUIPMENT !000 !* !336413!E! !5!B!M! !C!C!20060920!B! ! !N!Z!D!U!J!2!001!N!1A!Z!Y!Z!B!DA!N!M!N! ! ! ! ! !A!A!00 !A!B!N! ! ! !Y! ! !0001! !

Place of Performance

Location: WARNER ROBINS, HOUSTON County, GEORGIA, 31088

State: Georgia Government Spending

Plain-Language Summary

Department of Defense obligated $17.0 million to LOCKHEED MARTIN INTEGRATED SYSTEMS, LLC for work described as: 200410!000163!5700!GE37 !OO-ALC/LGFD !F0960301D0207 !A!N! !N!QP25 ! !20040618!20070731!836196972!805258373!834951691!N!LOCKHEED MARTIN INTEGRATED SYS!6801 ROCKLEDGE DRIVE !BETHESDA !NJ!20817!00000! !DA!* !* … Key points: 1. The contract, valued at $169.7 million, is for aircraft structural components. 2. Lockheed Martin Integrated Systems, LLC, is the sole awardee under full and open competition. 3. The contract duration is 2757 days, spanning from June 2004 to January 2012. 4. This award falls under the Aircraft Manufacturing sector, with a Product Service Code of 336411.

Value Assessment

Rating: good

The contract value of $169.7 million appears reasonable for a long-term, complex defense procurement. Benchmarking against similar large-scale aircraft component contracts would provide a more definitive assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a competitive bidding process. However, the specific details of the price discovery mechanism are not provided, making it difficult to fully assess its effectiveness.

Taxpayer Impact: The significant contract value indicates a substantial taxpayer investment, with the expectation of receiving high-quality aircraft components in return.

Public Impact

Ensures continued availability of critical aircraft structural components for the Department of Defense. Supports a major defense contractor, potentially impacting jobs and the aerospace supply chain. Long-term nature of the contract suggests a sustained need for these components. The award contributes to the overall readiness and operational capability of military aircraft.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Aircraft Manufacturing sector, which is a significant part of the broader aerospace and defense industry. Spending in this sector is often characterized by large, complex procurements with long lead times and high unit costs.

Small Business Impact

The data indicates this contract was awarded to a large corporation, Lockheed Martin. There is no explicit mention of small business participation or subcontracting goals within this specific award notice.

Oversight & Accountability

The contract was awarded by the Department of Defense, likely subject to standard oversight mechanisms for major defense procurements. Further details on specific oversight activities and accountability measures would require access to contract management documentation.

Related Government Programs

Risk Flags

Tags

aircraft-manufacturing, department-of-defense, ga, do, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $17.0 million to LOCKHEED MARTIN INTEGRATED SYSTEMS, LLC. 200410!000163!5700!GE37 !OO-ALC/LGFD !F0960301D0207 !A!N! !N!QP25 ! !20040618!20070731!836196972!805258373!834951691!N!LOCKHEED MARTIN INTEGRATED SYS!6801 ROCKLEDGE DRIVE !BETHESDA !NJ!20817!00000! !DA!* !* !DENMARK !+000009002297!Y!N!000000000000!1560!AIRFRAME STRUCTURAL COMPONENTS !A1C!OTHER AIRCRAFT EQUIPMENT !000 !* !336413!E! !5!B!M! !C!C!200

Who is the contractor on this award?

The obligated recipient is LOCKHEED MARTIN INTEGRATED SYSTEMS, LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $17.0 million.

What is the period of performance?

Start: 2004-06-18. End: 2012-01-05.

What specific aircraft platforms are these structural components intended for, and how does their performance impact operational readiness?

The provided data does not specify the exact aircraft platforms. However, aircraft structural components are fundamental to the airworthiness and safety of any aircraft. Their performance directly impacts operational readiness by ensuring aircraft can fly safely and reliably. Failures or deficiencies in these components can lead to grounding of aircraft, mission delays, and increased maintenance costs, underscoring their critical role.

Given the firm fixed price nature, what mechanisms are in place to mitigate risks associated with potential material cost increases or unforeseen production challenges over the contract's long duratio

Firm fixed price contracts generally place the cost risk on the contractor. However, for long-term contracts, mitigation strategies might include carefully negotiated price adjustment clauses for specific economic factors, robust contractor quality assurance processes, and proactive government oversight to identify and address potential production issues early. The contractor is incentivized to manage their own costs efficiently to maintain profitability.

How does the $169.7 million award compare to historical spending on similar aircraft structural components, and what does this suggest about the efficiency of this procurement?

Without specific historical spending data for comparable aircraft structural components, a direct efficiency comparison is challenging. However, the award being under full and open competition suggests an attempt to achieve competitive pricing. The long duration and significant value indicate a substantial, long-term need, and the efficiency would be best assessed by comparing the unit price and overall value against industry benchmarks and previous contracts for similar items.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingAircraft Manufacturing

Product/Service Code: AEROSPACE CRAFT AND STRUCTURAL COMPONENTS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Lockheed Martin Corp (UEI: 834951691)

Address: 645 TALLULAH TRAIL SUITE 101, WARNER ROBINS, GA, 90

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

Contract Characteristics

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: F0960301D0207

IDV Type: IDC

Timeline

Start Date: 2004-06-18

Current End Date: 2012-01-05

Potential End Date: 2012-01-05 00:00:00

Last Modified: 2014-07-16

More Contracts from Lockheed Martin Integrated Systems, LLC

View all Lockheed Martin Integrated Systems, LLC federal contracts →

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending