DoD's $67.5M Contract for Aircraft Parts Awarded to Sikorsky Aircraft Corporation

Contract Overview

Contract Amount: $67,533,575 ($67.5M)

Contractor: Sikorsky Aircraft Corporation

Awarding Agency: Department of Defense

Start Date: 2024-09-28

End Date: 2026-10-30

Contract Duration: 762 days

Daily Burn Rate: $88.6K/day

Competition Type: NOT COMPETED

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: SPARES

Place of Performance

Location: STRATFORD, FAIRFIELD County, CONNECTICUT, 06614

State: Connecticut Government Spending

Plain-Language Summary

Department of Defense obligated $67.5 million to SIKORSKY AIRCRAFT CORPORATION for work described as: SPARES Key points: 1. Significant contract value of $67.5 million for aircraft parts. 2. Sole-source award to Sikorsky Aircraft Corporation raises competition concerns. 3. Potential for higher costs due to lack of competitive bidding. 4. Spending falls within the 'Other Aircraft Parts' manufacturing sector.

Value Assessment

Rating: fair

The contract value of $67.5 million for aircraft parts needs benchmarking against similar sole-source awards. Without competition, it's difficult to ascertain if the pricing is optimal or inflated compared to market rates for comparable components.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award. This method limits price discovery and may result in less favorable pricing for the government compared to a competitive process.

Taxpayer Impact: The lack of competition could lead to taxpayers potentially overpaying for these aircraft parts.

Public Impact

Ensures continued availability of critical aircraft parts for defense operations. Supports a major defense contractor, potentially impacting jobs and supply chains. Highlights reliance on specific manufacturers for specialized defense components.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of competition
  • Potential for cost overruns
  • Sole-source award

Positive Signals

  • Ensures supply of critical parts
  • Supports established defense supplier

Sector Analysis

This contract falls under the 'Other Aircraft Parts and Auxiliary Equipment Manufacturing' sector. Spending in this area is crucial for maintaining military aviation readiness, but often involves specialized components where competition can be limited.

Small Business Impact

The data does not indicate any specific provisions or benefits for small businesses in this sole-source award to Sikorsky Aircraft Corporation.

Oversight & Accountability

Oversight is needed to ensure the justification for the sole-source award is robust and that pricing is scrutinized to mitigate potential overspending.

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 price escalation
  • Limited transparency in pricing

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $67.5 million to SIKORSKY AIRCRAFT CORPORATION. SPARES

Who is the contractor on this award?

The obligated recipient is SIKORSKY AIRCRAFT CORPORATION.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $67.5 million.

What is the period of performance?

Start: 2024-09-28. End: 2026-10-30.

What is the justification for awarding this contract on a sole-source basis?

The justification for a sole-source award typically stems from unique capabilities, proprietary technology, or the unavailability of alternative sources. For aircraft parts, this could be due to specific design requirements, long-term support agreements, or the need for parts compatible with existing, specialized platforms, necessitating a single, qualified supplier.

What are the potential risks associated with a sole-source contract for aircraft parts?

Sole-source contracts carry risks of inflated pricing due to the absence of competitive pressure, potential for complacency from the supplier regarding quality or delivery, and a lack of innovation. Taxpayers may bear higher costs, and the government's negotiating power is significantly reduced, potentially impacting long-term sustainment costs for the aircraft.

How does this contract contribute to the overall effectiveness of the Department of Defense's aviation assets?

This contract is essential for ensuring the operational readiness and effectiveness of specific DoD aviation assets by providing necessary spare parts. Consistent and timely access to these components prevents aircraft downtime, supports maintenance schedules, and ultimately ensures that critical air capabilities are available when needed for national security missions.

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: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Lockheed Martin Corp

Address: 6900 MAIN ST, STRATFORD, CT, 06614

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

Financial Breakdown

Contract Ceiling: $67,533,575

Exercised Options: $67,533,575

Current Obligation: $67,533,575

Subaward Activity

Number of Subawards: 2

Total Subaward Amount: $449,544

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: SPE4AX15D9423

IDV Type: IDC

Timeline

Start Date: 2024-09-28

Current End Date: 2026-10-30

Potential End Date: 2026-10-30 12:10:00

Last Modified: 2025-07-10

More Contracts from Sikorsky Aircraft Corporation

View all Sikorsky Aircraft Corporation federal contracts →

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending