DoD awards Vertex Aerospace $48.4M for aircraft maintenance and logistics support in Mississippi

Contract Overview

Contract Amount: $48,363,977 ($48.4M)

Contractor: Vertex Aerospace LLC

Awarding Agency: Department of Defense

Start Date: 2021-10-01

End Date: 2021-12-31

Contract Duration: 91 days

Daily Burn Rate: $531.5K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: COST NO FEE

Sector: Defense

Official Description: IGF T-45 U.S.N. AIRCRAFT MAINTENANCE AND LOGISTICS SUPPORT (CLS)

Place of Performance

Location: MADISON, MADISON County, MISSISSIPPI, 39110

State: Mississippi Government Spending

Plain-Language Summary

Department of Defense obligated $48.4 million to VERTEX AEROSPACE LLC for work described as: IGF T-45 U.S.N. AIRCRAFT MAINTENANCE AND LOGISTICS SUPPORT (CLS) Key points: 1. Significant contract value for specialized aviation support services. 2. Vertex Aerospace is a key player in aerospace logistics. 3. Potential risks include performance variability and supply chain disruptions. 4. Spending concentrated in the Defense sector, specifically aviation support.

Value Assessment

Rating: good

The contract value of $48.4M for a 91-day period suggests a high per-diem rate. Benchmarking against similar, longer-term contracts would be necessary for a precise assessment, but the value is substantial for the duration.

Cost Per Unit: $531,472

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a competitive bidding process. This method generally promotes price discovery and potentially better value for the government.

Taxpayer Impact: The competitive award process aims to ensure taxpayer funds are used efficiently for critical defense support services.

Public Impact

Ensures operational readiness of U.S. Navy aircraft. Supports critical logistics and maintenance functions for aviation assets. Impacts personnel and resources at naval air stations. Contributes to the defense industrial base in Mississippi.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Short contract duration may lead to follow-on contract uncertainty.
  • Reliance on a single awardee for critical support.
  • Potential for cost overruns if unforeseen maintenance issues arise.

Positive Signals

  • Awarded through full and open competition.
  • Addresses essential aircraft maintenance and logistics needs.
  • Supports a key defense contractor.

Sector Analysis

This contract falls within the Defense sector, specifically focusing on aircraft maintenance and logistics. Spending benchmarks for similar support contracts can vary widely based on aircraft type, scope of work, and contract duration.

Small Business Impact

The data indicates the prime contractor is Vertex Aerospace LLC, a large business. There is no explicit information on small business subcontracting participation in this award notice.

Oversight & Accountability

The Department of Defense, through the Defense Contract Management Agency, is responsible for overseeing this contract. Standard oversight mechanisms for contract performance and financial management are expected to be in place.

Related Government Programs

  • Other Support Activities for Air Transportation
  • Department of Defense Contracting
  • Defense Contract Management Agency Programs

Risk Flags

  • High per-unit cost.
  • Short contract duration.
  • Potential for sole-source follow-on.
  • Lack of small business participation noted.

Tags

other-support-activities-for-air-transpo, department-of-defense, ms, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $48.4 million to VERTEX AEROSPACE LLC. IGF T-45 U.S.N. AIRCRAFT MAINTENANCE AND LOGISTICS SUPPORT (CLS)

Who is the contractor on this award?

The obligated recipient is VERTEX AEROSPACE 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 $48.4 million.

What is the period of performance?

Start: 2021-10-01. End: 2021-12-31.

What is the historical performance of Vertex Aerospace LLC on similar contracts?

Assessing Vertex Aerospace's past performance on comparable aircraft maintenance and logistics contracts is crucial. Reviewing past CPARS (Contractor Performance Assessment Reporting System) reports and any documented issues or successes would provide insight into their reliability, quality of service, and ability to meet deadlines and budget constraints.

How does the per-unit cost benchmark compare to industry standards for similar aircraft maintenance?

The provided per-unit cost benchmark of $531,472 needs context. Comparing this figure against industry averages for maintaining similar types of U.S. Navy aircraft, considering the specific services included (maintenance, logistics, parts), is essential to determine if it represents fair and reasonable pricing.

What are the potential risks associated with the short 91-day duration of this contract?

The short 91-day duration presents risks such as potential disruption if a follow-on contract is delayed, increased administrative costs for frequent re-procurement, and potentially less incentive for the contractor to invest in long-term efficiency improvements. It may also limit the ability to fully assess contractor performance.

Industry Classification

NAICS: Transportation and WarehousingSupport Activities for Air TransportationOther Support Activities for Air Transportation

Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENTMAINT, REPAIR, REBUILD OF EQUIPMENT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: N0001912R0001

Pricing Type: COST NO FEE (S)

Evaluated Preference: NONE

Contractor Details

Parent Company: Vertex Aerospace Services Corp.

Address: 555 INDUSTRIAL DR S, MADISON, MS, 39110

Business Categories: Category Business, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $48,363,977

Exercised Options: $48,363,977

Current Obligation: $48,363,977

Subaward Activity

Number of Subawards: 1

Total Subaward Amount: $26,655

Contract Characteristics

Consolidated Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N0001914D0011

IDV Type: IDC

Timeline

Start Date: 2021-10-01

Current End Date: 2021-12-31

Potential End Date: 2021-12-31 00:00:00

Last Modified: 2022-08-12

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