DoD's $53.5M Aircraft Engine Contract with RTX Corporation: A Deep Dive into Value and Competition

Contract Overview

Contract Amount: $53,476,223 ($53.5M)

Contractor: RTX Corporation

Awarding Agency: Department of Defense

Start Date: 2007-09-24

End Date: 2014-12-31

Contract Duration: 2,655 days

Daily Burn Rate: $20.1K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: CONTROL UNIT,SUPERV

Place of Performance

Location: EAST HARTFORD, HARTFORD County, CONNECTICUT, 06108

State: Connecticut Government Spending

Plain-Language Summary

Department of Defense obligated $53.5 million to RTX CORPORATION for work described as: CONTROL UNIT,SUPERV Key points: 1. Significant contract value of $53.5M awarded to RTX Corporation. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. Potential risks include long contract duration and reliance on a single manufacturer. 4. Spending falls within the Aircraft Engine and Engine Parts Manufacturing sector.

Value Assessment

Rating: good

The contract value of $53.5M for aircraft engines appears reasonable given the duration and the nature of the goods. Benchmarking against similar long-term defense contracts for specialized engine parts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating that multiple bidders had the opportunity to compete. This method generally promotes price discovery and can lead to more favorable pricing for the government.

Taxpayer Impact: The competitive nature of the award suggests taxpayers likely benefited from a fair market price for these critical aircraft engine components.

Public Impact

Ensures continued operational readiness for Air Force aircraft through a steady supply of essential engine parts. Supports a major defense contractor, contributing to jobs and technological advancement in the aerospace industry. Long-term nature of the contract provides stability for both the government's supply chain and the contractor's production.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Long contract duration (2655 days) could lead to price escalation or obsolescence.
  • Sole reliance on RTX Corporation for these specific parts may limit future negotiation leverage.
  • Firm Fixed Price contract offers limited flexibility if unforeseen cost increases occur.

Positive Signals

  • Awarded through full and open competition, indicating a robust bidding process.
  • Contract supports critical defense needs for the Department of the Air Force.
  • Clear end dates (2014) suggest the contract is likely completed or in its final stages.

Sector Analysis

This contract falls within the Aircraft Engine and Engine Parts Manufacturing sector, a critical component of the aerospace and defense industry. Spending in this area is often characterized by high R&D costs, long product lifecycles, and significant government oversight due to national security implications.

Small Business Impact

The data does not indicate any specific provisions or awards made to small businesses under this contract. Further analysis would be needed to determine if small business participation was encouraged or achieved.

Oversight & Accountability

The contract was awarded by the Department of the Air Force, implying oversight from relevant defense contracting and auditing agencies. The firm fixed price structure suggests a focus on cost control from the outset.

Related Government Programs

  • Aircraft Engine and Engine Parts Manufacturing
  • Department of Defense Contracting
  • Department of the Air Force Programs

Risk Flags

  • Long contract duration
  • Potential for price escalation over time
  • Reliance on a single contractor for specific parts
  • Lack of explicit small business participation data

Tags

aircraft-engine-and-engine-parts-manufac, department-of-defense, ct, do, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $53.5 million to RTX CORPORATION. CONTROL UNIT,SUPERV

Who is the contractor on this award?

The obligated recipient is RTX CORPORATION.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Air Force).

What is the total obligated amount?

The obligated amount is $53.5 million.

What is the period of performance?

Start: 2007-09-24. End: 2014-12-31.

What was the specific impact of the firm fixed price contract on the final cost to the government, especially considering the long duration?

A firm fixed price contract aims to transfer risk to the contractor, locking in costs. However, for a long duration like 2655 days, the initial price might not reflect later market fluctuations or unforeseen production challenges. The government's benefit depends on the accuracy of the initial cost estimation by RTX and the contractor's ability to manage risks effectively without compromising quality or delivery.

How did the 'full and open competition' process ensure the best value was achieved for taxpayers, given the specialized nature of aircraft engines?

Full and open competition allows multiple qualified vendors to bid, fostering a competitive environment that typically drives down prices and encourages innovation. For specialized items like aircraft engines, the challenge lies in defining clear specifications that allow for meaningful comparison between bidders while ensuring technical requirements are met. The success of this method hinges on the thoroughness of the solicitation and the evaluation criteria used.

What are the long-term implications for the Air Force's supply chain and maintenance capabilities stemming from this specific contract?

This contract likely ensured a stable supply of critical engine parts for a defined period, supporting aircraft readiness. However, the long duration and potential reliance on a single supplier could pose risks for future supply chain flexibility and potentially higher costs if new, more efficient technologies emerge. Diversification strategies might be considered for subsequent contracts to mitigate these long-term risks.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingAircraft Engine and Engine Parts Manufacturing

Product/Service Code: ENGINE ACCESSORIES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: RTX Corp (UEI: 001344142)

Address: 400 MAIN STREET, EAST HARTFORD, FL

Business Categories: Category Business, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $53,477,423

Exercised Options: $53,477,423

Current Obligation: $53,476,223

Contract Characteristics

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: F3365798D0018

IDV Type: IDC

Timeline

Start Date: 2007-09-24

Current End Date: 2014-12-31

Potential End Date: 2014-12-31 00:00:00

Last Modified: 2014-11-04

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