Boeing Awarded $79.8M for PBL Material, Raising Concerns Over Sole-Source Procurement

Contract Overview

Contract Amount: $79,818,411 ($79.8M)

Contractor: THE Boeing Company

Awarding Agency: Department of Defense

Start Date: 2024-05-17

End Date: 2025-07-18

Contract Duration: 427 days

Daily Burn Rate: $186.9K/day

Competition Type: NOT COMPETED

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: 8510628667!PBL MATERIAL BOEING

Place of Performance

Location: SAINT LOUIS, SAINT LOUIS County, MISSOURI, 63134

State: Missouri Government Spending

Plain-Language Summary

Department of Defense obligated $79.8 million to THE BOEING COMPANY for work described as: 8510628667!PBL MATERIAL BOEING Key points: 1. Significant contract value awarded to a single large business. 2. Lack of competition raises questions about price reasonableness. 3. Potential for taxpayer overpayment due to sole-source award. 4. Defense sector spending on aircraft parts continues to be substantial.

Value Assessment

Rating: questionable

The contract value of $79.8M for PBL material is substantial. Without competitive bidding, it is difficult to assess if this price is reasonable compared to market rates for similar aircraft parts.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was awarded on a sole-source basis, indicating no competition. This limits price discovery and may lead to higher costs for the government.

Taxpayer Impact: The sole-source nature of this award means taxpayers may be paying a premium for these aircraft parts, as competitive pressures were absent.

Public Impact

Taxpayers may be overpaying for essential aircraft parts due to lack of competition. The Department of Defense relies on a single supplier, potentially creating supply chain vulnerabilities. Oversight is needed to ensure the quality and necessity of the materials procured.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source procurement
  • Lack of competition
  • Potential for overpricing

Positive Signals

  • Essential material for defense operations
  • Contract with a major aerospace manufacturer

Sector Analysis

This contract falls within the Defense sector, specifically for aircraft parts manufacturing. Spending in this area is critical for military readiness, but often involves complex supply chains and significant investment.

Small Business Impact

This contract was awarded to The Boeing Company, a large business. There is no indication of small business participation in this specific award.

Oversight & Accountability

The sole-source nature of this award warrants close oversight to ensure fair pricing and prevent potential waste, fraud, or abuse. The Defense Logistics Agency should justify the lack of competition.

Related Government Programs

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

Risk Flags

  • Sole-source award
  • Lack of competitive bidding
  • Potential for inflated pricing
  • Limited transparency on price justification
  • Reliance on a single large business

Tags

other-aircraft-parts-and-auxiliary-equip, department-of-defense, mo, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $79.8 million to THE BOEING COMPANY. 8510628667!PBL MATERIAL BOEING

Who is the contractor on this award?

The obligated recipient is THE BOEING COMPANY.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $79.8 million.

What is the period of performance?

Start: 2024-05-17. End: 2025-07-18.

What is the justification for awarding this contract on a sole-source basis, and what steps are being taken to ensure price reasonableness?

The justification for a sole-source award typically involves unique capabilities or circumstances where only one source can fulfill the requirement. The Defense Logistics Agency should provide documentation supporting this determination. Price reasonableness is often assessed through historical pricing, comparison to similar items, or independent government cost estimates, though these are less effective without competition.

What are the potential risks associated with relying on a sole-source supplier for critical aircraft parts, particularly in terms of long-term availability and cost escalation?

Sole-source reliance creates significant risks, including vulnerability to supply chain disruptions if the sole supplier faces issues. It also removes competitive pressure, potentially leading to escalating prices over time as the government has limited leverage. This can impact long-term budget predictability and operational readiness.

How does this contract contribute to the overall effectiveness and readiness of the Department of Defense's aircraft fleet?

This contract is for 'PBL Material,' likely referring to Performance-Based Logistics material, which is crucial for maintaining aircraft readiness and operational effectiveness. Ensuring a steady supply of necessary parts through such contracts is vital for minimizing downtime and maximizing the availability of critical defense assets.

Industry Classification

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

Product/Service Code: AEROSPACE CRAFT AND STRUCTURAL COMPONENTS

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 6200 JS MCDONNELL BLVD, SAINT LOUIS, MO, 63134

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: $79,818,411

Exercised Options: $79,818,411

Current Obligation: $79,818,411

Subaward Activity

Number of Subawards: 106

Total Subaward Amount: $21,302,029

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: SPRPA114D002U

IDV Type: IDC

Timeline

Start Date: 2024-05-17

Current End Date: 2025-07-18

Potential End Date: 2025-07-18 00:00:00

Last Modified: 2025-10-22

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