DoD Awards $794.6M Contract to Lockheed Martin for Aviation and Missile Command Services

Contract Overview

Contract Amount: $92,346,123 ($92.3M)

Contractor: Lockheed Martin Corporation

Awarding Agency: Department of Defense

Start Date: 2004-02-27

End Date: 2011-06-30

Contract Duration: 2,680 days

Daily Burn Rate: $34.5K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: 200405!002071!2100!W31P4Q!USA AVIATION AND MISSILE COMMAND!W31P4Q04C0076 !A!N! !Y! ! !20040227!20071231!794571448!794571448!834951691!N!LOCKHEED MARTIN CORPORATION !1701 W MARSHALL DRIVE !GRAND PRAIRIE !TX!75051!30464!113!48!GRAND PRAIRIE !DALLAS !TEXAS !+000007293574!N!N!000000000738!AD23!RDTE/SERVICES-ADV TECH DEV !S1 !SERVICES !000 !* !336414!E! !3! ! ! ! ! !99990909!B! ! !B! !D!N!J!1!001!N!1G!Z!Y!A! ! !N!C!N! ! ! !Z!A!A!A!000!A!B!Y! ! ! ! ! ! !0001! !

Place of Performance

Location: GRAND PRAIRIE, DALLAS County, TEXAS, 75051

State: Texas Government Spending

Plain-Language Summary

Department of Defense obligated $92.3 million to LOCKHEED MARTIN CORPORATION for work described as: 200405!002071!2100!W31P4Q!USA AVIATION AND MISSILE COMMAND!W31P4Q04C0076 !A!N! !Y! ! !20040227!20071231!794571448!794571448!834951691!N!LOCKHEED MARTIN CORPORATION !1701 W MARSHALL DRIVE !GRAND PRAIRIE !TX!75051!30464!113!48!GRAND PRAIRIE !DALL… Key points: 1. The contract, valued at $794.6 million, is for RDTE/Services-Advanced Tech Dev. 2. Awarded to Lockheed Martin Corporation, a major defense contractor. 3. The contract was not competed, raising potential concerns about price discovery. 4. The sector is primarily IT and Defense-related R&D services.

Value Assessment

Rating: fair

The contract value is substantial at $794.6 million. Benchmarking is difficult without more specific service details, but the duration and nature suggest a significant investment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was awarded on a sole-source basis, meaning it was not competed. This limits price discovery and may result in higher costs for taxpayers compared to a competitive process.

Taxpayer Impact: The lack of competition could lead to inflated prices, impacting taxpayer value.

Public Impact

Taxpayers may be paying a premium due to the sole-source nature of the award. The significant funding allocated to a single contractor warrants scrutiny. Advanced technology development for aviation and missiles is critical for national security.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Lack of competition
  • High contract value

Positive Signals

  • Supports critical defense technology development
  • Awarded to a known, experienced contractor

Sector Analysis

This contract falls within the Defense sector, specifically focusing on Research, Development, Test, and Evaluation (RDTE) for advanced aviation and missile technologies. Spending in this area is crucial for maintaining technological superiority but requires careful oversight.

Small Business Impact

There is no indication in the provided data that small businesses were involved in this contract, either as prime contractors or subcontractors. Further investigation would be needed to determine any small business participation.

Oversight & Accountability

The sole-source nature of this award necessitates robust oversight from the Department of Defense to ensure fair pricing and effective execution of the advanced technology development services.

Related Government Programs

  • Guided Missile and Space Vehicle Manufacturing
  • Department of Defense Contracting
  • Department of the Army Programs

Risk Flags

  • Sole-source award limits competition and price negotiation.
  • Potential for overpayment due to lack of competitive bidding.
  • Contract duration is lengthy (2004-2011), increasing risk over time.
  • Lack of detail on specific technologies developed.
  • High contract value requires significant oversight.

Tags

guided-missile-and-space-vehicle-manufac, department-of-defense, tx, dca, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $92.3 million to LOCKHEED MARTIN CORPORATION. 200405!002071!2100!W31P4Q!USA AVIATION AND MISSILE COMMAND!W31P4Q04C0076 !A!N! !Y! ! !20040227!20071231!794571448!794571448!834951691!N!LOCKHEED MARTIN CORPORATION !1701 W MARSHALL DRIVE !GRAND PRAIRIE !TX!75051!30464!113!48!GRAND PRAIRIE !DALLAS !TEXAS !+000007293574!N!N!000000000738!AD23!RDTE/SERVICES-ADV TECH DEV !S1 !SERVICES !000 !* !336414!E! !3! ! ! ! ! !999

Who is the contractor on this award?

The obligated recipient is LOCKHEED MARTIN CORPORATION.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Army).

What is the total obligated amount?

The obligated amount is $92.3 million.

What is the period of performance?

Start: 2004-02-27. End: 2011-06-30.

What specific advanced technologies are being developed under this contract, and how do they align with current and future defense needs?

The data indicates the contract is for 'RDTE/SERVICES-ADV TECH DEV' related to aviation and missiles. Specific technologies are not detailed. A thorough review would assess if the developed technologies directly address critical defense gaps, enhance existing capabilities, or provide a strategic advantage, ensuring the substantial investment aligns with evolving national security requirements and modernization goals.

What justification was provided for awarding this contract on a sole-source basis, and were alternative competitive strategies considered?

The contract was designated 'NOT COMPETED'. A detailed justification for this sole-source award is essential. This should outline why only Lockheed Martin could fulfill the requirement, such as unique capabilities, proprietary technology, or urgent need. The agency should demonstrate that competitive options were explored and deemed unsuitable or impractical before resorting to a sole-source procurement.

How will the effectiveness and value for money of the developed technologies be measured and validated throughout the contract lifecycle?

Measuring effectiveness and value requires clear performance metrics and milestones defined within the contract. The Department of Defense should implement rigorous testing, evaluation, and validation processes to ensure the advanced technologies meet performance specifications and contribute to mission objectives. Regular reviews and independent assessments will be crucial to confirm that the $794.6 million investment yields tangible defense capabilities and justifies the expenditure.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingGuided Missile and Space Vehicle Manufacturing

Product/Service Code: RESEARCH AND DEVELOPMENTDEFENSE (OTHER) R&D

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Lockheed Martin Corp (UEI: 834951691)

Address: 1701 MARSHALL DR, GRAND PRAIRIE, TX, 90

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

Contract Characteristics

Cost or Pricing Data: YES

Timeline

Start Date: 2004-02-27

Current End Date: 2011-06-30

Potential End Date: 2011-06-30 00:00:00

Last Modified: 2014-07-08

More Contracts from Lockheed Martin Corporation

View all Lockheed Martin Corporation federal contracts →

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending