DoD Awards Globe Tech $26.1M for Missile Parts Under Full and Open Competition

Contract Overview

Contract Amount: $26,140,196 ($26.1M)

Contractor: Globe Tech LLC

Awarding Agency: Department of Defense

Start Date: 2024-09-30

End Date: 2026-11-26

Contract Duration: 787 days

Daily Burn Rate: $33.2K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: FIRST DO ISSUED FROM MULTIPLE AWARD IDIQ. QTY 107 ISSUED TO GLOBE TECH.

Place of Performance

Location: DAYTON, GREENE County, OHIO, 45433

State: Ohio Government Spending

Plain-Language Summary

Department of Defense obligated $26.1 million to GLOBE TECH LLC for work described as: FIRST DO ISSUED FROM MULTIPLE AWARD IDIQ. QTY 107 ISSUED TO GLOBE TECH. Key points: 1. Significant award to Globe Tech LLC for specialized missile and space vehicle parts. 2. Competition method indicates a deliberate effort to ensure fair pricing. 3. Potential risks include supply chain disruptions for specialized components. 4. Spending aligns with the 'Other Guided Missile and Space Vehicle Parts' manufacturing sector.

Value Assessment

Rating: good

The $26.1 million award for 107 units appears reasonable given the specialized nature of guided missile and space vehicle parts. Benchmarking against similar niche defense contracts would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under 'Full and Open Competition After Exclusion of Sources,' suggesting a competitive process was initiated, but specific sources were initially excluded. This method aims for competitive pricing while potentially leveraging specialized capabilities.

Taxpayer Impact: The competitive nature of the award suggests taxpayers are likely receiving fair market value for these critical defense components.

Public Impact

Ensures supply of essential components for defense systems. Supports a specialized manufacturing sector within the US. Award contributes to the readiness of military assets.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Potential for supply chain vulnerabilities in specialized manufacturing.
  • Dependence on a single awardee for a critical component set.

Positive Signals

  • Awarded under full and open competition.
  • Long-term contract duration ensures sustained supply.
  • Firm fixed price contract provides cost certainty.

Sector Analysis

This contract falls within the 'Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing' sector. Spending in this niche area is driven by defense modernization and operational requirements, with benchmarks often tied to specific program needs and technological advancements.

Small Business Impact

The data does not indicate if Globe Tech LLC is a small business. Further analysis would be needed to determine the impact on small business participation in this contract.

Oversight & Accountability

The award is a delivery order under an IDIQ, suggesting a structured procurement process. Oversight would focus on contract performance, delivery schedules, and adherence to the firm fixed price.

Related Government Programs

  • Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing
  • Department of Defense Contracting
  • Defense Logistics Agency Programs

Risk Flags

  • Supply chain dependency
  • Technical obsolescence risk
  • Contractor performance risk
  • Geopolitical instability impacting material sourcing

Tags

other-guided-missile-and-space-vehicle-p, department-of-defense, oh, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $26.1 million to GLOBE TECH LLC. FIRST DO ISSUED FROM MULTIPLE AWARD IDIQ. QTY 107 ISSUED TO GLOBE TECH.

Who is the contractor on this award?

The obligated recipient is GLOBE TECH LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $26.1 million.

What is the period of performance?

Start: 2024-09-30. End: 2026-11-26.

What specific factors led to the exclusion of certain sources prior to the full and open competition?

The exclusion of sources prior to the full and open competition likely stemmed from specific technical requirements, existing security clearances, or unique manufacturing capabilities essential for the guided missile and space vehicle parts. This ensures that only qualified vendors capable of meeting stringent defense specifications participate, even within a broader competitive framework.

What are the primary risks associated with the supply chain for these specialized missile and space vehicle parts?

Primary risks include reliance on a limited number of raw material suppliers, potential geopolitical disruptions affecting component availability, and the specialized nature of manufacturing processes requiring highly skilled labor. Any interruption in these upstream elements could significantly impact Globe Tech's ability to fulfill the contract, affecting defense readiness.

How does the firm fixed price structure impact the government's cost control for this contract?

The firm fixed price structure provides significant cost certainty for the government, as Globe Tech assumes the risk of cost overruns. This incentivizes efficient production and cost management by the contractor. However, it could also lead to higher initial pricing if the contractor includes substantial contingency for unforeseen expenses.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingOther Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing

Product/Service Code: GUIDED MISSLES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 40300 PLYMOUTH RD, PLYMOUTH, MI, 48170

Business Categories: Category Business, Limited Liability Corporation, Manufacturer of Goods, Partnership or Limited Liability Partnership, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Financial Breakdown

Contract Ceiling: $26,140,196

Exercised Options: $26,140,196

Current Obligation: $26,140,196

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NOT OBTAINED - WAIVED

Parent Contract

Parent Award PIID: SPRRA224D0027

IDV Type: IDC

Timeline

Start Date: 2024-09-30

Current End Date: 2026-11-26

Potential End Date: 2026-11-26 12:11:00

Last Modified: 2025-09-29

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