DoD awards $72.3M to General Electric for aircraft engine parts, raising value and competition concerns

Contract Overview

Contract Amount: $72,291,040 ($72.3M)

Contractor: General Electric Company

Awarding Agency: Department of Defense

Start Date: 2022-06-24

End Date: 2028-03-30

Contract Duration: 2,106 days

Daily Burn Rate: $34.3K/day

Competition Type: NOT COMPETED

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: CSM - SPARES

Place of Performance

Location: LYNN, ESSEX County, MASSACHUSETTS, 01905

State: Massachusetts Government Spending

Plain-Language Summary

Department of Defense obligated $72.3 million to GENERAL ELECTRIC COMPANY for work described as: CSM - SPARES Key points: 1. Significant contract value of $72.3M for aircraft engine parts. 2. Sole-source award to General Electric limits competitive pricing. 3. Potential risk due to reliance on a single supplier for critical components. 4. Spending falls within the Aircraft Engine and Engine Parts Manufacturing sector.

Value Assessment

Rating: questionable

The contract value of $72.3M for aircraft engine parts appears high, especially given the lack of competition. Benchmarking against similar sole-source contracts for specialized aerospace components is difficult, but the absence of competitive bidding suggests potential overpricing.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was awarded on a sole-source basis, meaning only one vendor, General Electric, was solicited. This significantly limits price discovery and negotiation leverage for the government, potentially leading to higher costs than if multiple vendors had competed.

Taxpayer Impact: Taxpayers may bear a higher cost due to the lack of competitive pressure on pricing for these critical aircraft engine parts.

Public Impact

Impacts military readiness by potentially increasing the cost of maintaining aircraft fleets. Affects the aerospace manufacturing sector, particularly engine parts suppliers. Raises questions about the government's procurement strategy for specialized components.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Lack of competition
  • High contract value
  • Potential for overpricing

Positive Signals

  • Award to established prime contractor
  • Long-term contract duration

Sector Analysis

This contract falls under the Aircraft Engine and Engine Parts Manufacturing sector, a critical area for defense logistics. Spending benchmarks in this niche sector are often influenced by proprietary technology and high barriers to entry, making competitive analysis challenging.

Small Business Impact

The contract was awarded to General Electric, a large corporation, and there is no indication of small business participation. The sole-source nature of this award further limits opportunities for small businesses to compete for this specific contract.

Oversight & Accountability

The sole-source nature of this award warrants scrutiny. Further oversight is needed to ensure the Defense Logistics Agency adequately justified the lack of competition and negotiated the best possible price for taxpayers.

Related Government Programs

  • Aircraft Engine and Engine Parts Manufacturing
  • Department of Defense Contracting
  • Defense Logistics Agency Programs

Risk Flags

  • Sole-source award limits competition.
  • Potential for inflated pricing due to lack of competition.
  • Reliance on a single supplier for critical components.
  • Lack of transparency in price negotiation.
  • Limited opportunity for small business participation.

Tags

aircraft-engine-and-engine-parts-manufac, department-of-defense, ma, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $72.3 million to GENERAL ELECTRIC COMPANY. CSM - SPARES

Who is the contractor on this award?

The obligated recipient is GENERAL ELECTRIC COMPANY.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $72.3 million.

What is the period of performance?

Start: 2022-06-24. End: 2028-03-30.

What is the justification for awarding this contract on a sole-source basis, and were alternative procurement methods considered?

The justification for a sole-source award typically involves unique capabilities, proprietary technology, or the absence of adequate competition. Without specific details, it's difficult to assess if alternative methods like market research for potential competitors or phased sole-source justifications were explored. The government must demonstrate that competition was not feasible or would not be in the government's best interest.

How does the unit cost of these aircraft engine parts compare to industry benchmarks or previous contracts for similar items?

Benchmarking the unit cost is challenging without access to specific part numbers and detailed specifications. However, given the sole-source nature and the absence of competitive bids, there is a heightened risk that the unit cost may be higher than if the contract had been competed. A thorough cost analysis by the agency is crucial to validate pricing.

What is the long-term strategy for ensuring competitive sourcing of these critical aircraft engine parts to mitigate future sole-source risks?

The long-term strategy should involve proactive market research to identify potential new entrants or alternative suppliers for these parts. The agency could explore strategies like breaking down future requirements into smaller, more competitive lots, or incentivizing existing suppliers to qualify additional sources. Developing a robust sustainment strategy that prioritizes competition is key.

Industry Classification

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

Product/Service Code: ENGINES AND TURBINES AND COMPONENT

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1000 WESTERN AVE, LYNN, MA, 01905

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: $72,291,040

Exercised Options: $72,291,040

Current Obligation: $72,291,040

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NOT OBTAINED - WAIVED

Parent Contract

Parent Award PIID: SPRRA121D0029

IDV Type: IDC

Timeline

Start Date: 2022-06-24

Current End Date: 2028-03-30

Potential End Date: 2028-03-30 12:03:00

Last Modified: 2025-12-12

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