DoD's $19.7M Contract for Aircraft Parts with Meggitt Aircraft Braking Systems Corporation Under Scrutiny

Contract Overview

Contract Amount: $19,711,979 ($19.7M)

Contractor: Meggitt Aircraft Braking Systems Corporation

Awarding Agency: Department of Defense

Start Date: 2011-07-08

End Date: 2020-06-30

Contract Duration: 3,280 days

Daily Burn Rate: $6.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: B1WBSI

Place of Performance

Location: AKRON, SUMMIT County, OHIO, 44306

State: Ohio Government Spending

Plain-Language Summary

Department of Defense obligated $19.7 million to MEGGITT AIRCRAFT BRAKING SYSTEMS CORPORATION for work described as: B1WBSI Key points: 1. Significant contract value of $19.7 million awarded to a single vendor. 2. Competition method was 'Full and Open', suggesting potential for broader vendor participation. 3. Contract duration spans nearly 9 years, raising questions about long-term pricing and obsolescence. 4. Sector is 'Other Aircraft Parts and Auxiliary Equipment Manufacturing', a critical defense component.

Value Assessment

Rating: fair

The contract's fixed price nature provides some cost certainty. However, the long duration and lack of specific unit cost data make a precise value assessment challenging without further details on the scope of work and delivery schedules.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which theoretically allows for the best price discovery. However, the long duration and the specific nature of aircraft parts may limit the number of truly competitive bids.

Taxpayer Impact: Taxpayer funds are utilized for critical defense logistics. The long-term nature of the contract necessitates careful monitoring to ensure continued value for money.

Public Impact

Ensures availability of critical aircraft braking system parts for military operations. Supports a key manufacturing sector within the defense industrial base. Potential for long-term supply chain stability for essential components.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Long contract duration (9 years) increases risk of price escalation and obsolescence.
  • Lack of specific per-unit cost data hinders detailed value analysis.
  • Sole awardee for a significant value contract warrants closer review of competition effectiveness.

Positive Signals

  • Awarded under full and open competition.
  • Firm fixed price contract type offers cost predictability.
  • Supports critical defense readiness.

Sector Analysis

This contract falls within the 'Other Aircraft Parts and Auxiliary Equipment Manufacturing' sector, which is vital for maintaining military aviation readiness. Spending in this area is often characterized by specialized requirements and long product lifecycles.

Small Business Impact

The data indicates this contract was not awarded to a small business. Further analysis would be needed to determine if opportunities for small business subcontracting were adequately explored or mandated.

Oversight & Accountability

The long duration of this contract suggests a need for ongoing oversight to ensure performance, manage potential cost overruns, and address any changes in technology or requirements.

Related Government Programs

  • Other Aircraft Parts and Auxiliary Equipment Manufacturing
  • Department of Defense Contracting
  • Defense Logistics Agency Programs

Risk Flags

  • Long contract duration.
  • Lack of detailed cost breakdown.
  • Potential for obsolescence of parts over the contract term.
  • Limited visibility into specific performance metrics.

Tags

other-aircraft-parts-and-auxiliary-equip, department-of-defense, oh, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $19.7 million to MEGGITT AIRCRAFT BRAKING SYSTEMS CORPORATION. B1WBSI

Who is the contractor on this award?

The obligated recipient is MEGGITT AIRCRAFT BRAKING SYSTEMS CORPORATION.

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Logistics Agency).

What is the total obligated amount?

The obligated amount is $19.7 million.

What is the period of performance?

Start: 2011-07-08. End: 2020-06-30.

What specific aircraft systems does this contract support, and how critical are these parts to overall fleet readiness?

The contract supports 'Other Aircraft Parts and Auxiliary Equipment Manufacturing', specifically for aircraft braking systems. These parts are critical for the safe and effective operation of military aircraft. Ensuring a consistent and reliable supply chain for such components is paramount to maintaining the operational readiness of the Air Force and other branches that rely on these aircraft.

Given the 9-year duration, what mechanisms are in place to mitigate the risk of price increases due to inflation or material cost fluctuations?

The contract is a 'Firm Fixed Price' type, which generally shifts the risk of cost increases to the contractor. However, the long duration necessitates careful contract management. Mechanisms like periodic price reviews, economic price adjustment clauses (if included), or options for renegotiation at specific milestones could be in place to manage these risks.

How effectively did the 'Full and Open Competition' process ensure the best possible pricing and value for these specialized aircraft parts?

While 'Full and Open Competition' is designed to maximize value, the specialized nature of aircraft braking systems might limit the pool of qualified bidders. The effectiveness hinges on the clarity of the solicitation, the competitiveness of the bids received, and the government's negotiation strategy. A thorough review of the bidding process and awarded price against market benchmarks is needed.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingOther Aircraft Parts and Auxiliary Equipment Manufacturing

Product/Service Code: AEROSPACE CRAFT COMPONENTS AND ACCESSORIES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Meggitt Aircraft Braking Systems Kentucky Corporation (UEI: 216242784)

Address: 1204 MASSILLON RD, AKRON, OH, 44306

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

Financial Breakdown

Contract Ceiling: $24,009,238

Exercised Options: $19,711,979

Current Obligation: $19,711,979

Contract Characteristics

Commercial Item: COMMERCIAL ITEM

Cost or Pricing Data: NOT OBTAINED - WAIVED

Timeline

Start Date: 2011-07-08

Current End Date: 2020-06-30

Potential End Date: 2020-06-30 00:00:00

Last Modified: 2019-02-08

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