DoD Awards $297M Contract for Missile Propulsion Units to Lockheed Martin, Lacking Competition

Contract Overview

Contract Amount: $296,937,471 ($296.9M)

Contractor: Lockheed Martin Corporation

Awarding Agency: Department of Defense

Start Date: 2013-12-20

End Date: 2020-05-31

Contract Duration: 2,354 days

Daily Burn Rate: $126.1K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIXED PRICE INCENTIVE

Sector: Defense

Official Description: FRP 9 UCA REQUIREMENT

Place of Performance

Location: GRAND PRAIRIE, DALLAS County, TEXAS, 75051

State: Texas Government Spending

Plain-Language Summary

Department of Defense obligated $296.9 million to LOCKHEED MARTIN CORPORATION for work described as: FRP 9 UCA REQUIREMENT Key points: 1. Significant spending on critical missile propulsion systems. 2. Sole-source award to a major defense contractor raises competition concerns. 3. Long contract duration (2013-2020) may impact price competitiveness. 4. Focus on fixed-price incentive contract type for cost control.

Value Assessment

Rating: questionable

The contract value of $297 million is substantial. Without competitive bidding, it's difficult to assess if this price represents fair market value compared to potential alternatives or previous contracts for similar propulsion units.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

The contract was not competed, indicating a sole-source award to Lockheed Martin. This lack of competition limits price discovery and potentially leads to higher costs for the government.

Taxpayer Impact: The absence of competition on a nearly $300 million contract likely results in taxpayers paying a premium compared to a competitively awarded contract.

Public Impact

Ensures continued supply of critical missile propulsion components for national defense. Potential for cost overruns due to lack of competitive pressure. Reliance on a single contractor for essential defense technology.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of competition
  • Sole-source award
  • Long contract duration

Positive Signals

  • Fixed Price Incentive contract type aims to control costs
  • Essential defense procurement

Sector Analysis

This contract falls within the defense industrial base, specifically in the manufacturing of guided missile and space vehicle propulsion units. Spending in this sector is often characterized by high technical requirements and limited contractor pools, but competition is still expected where feasible.

Small Business Impact

The data indicates this contract was awarded to Lockheed Martin Corporation, a large prime contractor. There is no indication of small business participation in this specific award, which is common for large, specialized defense contracts.

Oversight & Accountability

The 'NOT COMPETED' status suggests a waiver of standard competitive procedures. Further review would be needed to understand the justification for this sole-source award and ensure appropriate oversight was applied.

Related Government Programs

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

Risk Flags

  • Lack of competition
  • Sole-source award
  • Potential for inflated pricing
  • Limited transparency on justification
  • Long contract duration without re-evaluation

Tags

guided-missile-and-space-vehicle-propuls, department-of-defense, tx, definitive-contract, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $296.9 million to LOCKHEED MARTIN CORPORATION. FRP 9 UCA REQUIREMENT

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 $296.9 million.

What is the period of performance?

Start: 2013-12-20. End: 2020-05-31.

What was the specific justification for not competing this nearly $300 million contract for missile propulsion units?

The justification for not competing this contract is not provided in the data. Typically, sole-source awards require a documented justification, such as a lack of available sources, urgent need, or specific technical requirements that only one contractor can meet. Without this justification, it's difficult to assess the necessity of the sole-source approach.

How does the fixed-price incentive contract type mitigate the risks associated with a sole-source award?

A Fixed Price Incentive (FPI) contract aims to mitigate sole-source risks by establishing target costs, target profits, and sharing arrangements for cost overruns or underruns. While it incentivizes the contractor to control costs, the absence of competition means the initial target cost may not be as optimized as it would be in a competitive scenario.

What is the long-term strategic risk of awarding such a significant contract without competition?

The long-term strategic risk includes potential over-reliance on a single supplier, stifling innovation from other potential providers, and potentially higher sustained costs for critical defense components. It may also signal to the market that competition is not always required, reducing future competitive efforts.

Industry Classification

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

Product/Service Code: GUIDED MISSLES

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: W31P4Q13R0151

Offers Received: 1

Pricing Type: FIXED PRICE INCENTIVE (L)

Evaluated Preference: NONE

Contractor Details

Parent Company: Lockheed Martin Corp

Address: 1701 W MARSHALL DR, GRAND PRAIRIE, TX, 75051

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: $296,937,471

Exercised Options: $296,937,471

Current Obligation: $296,937,471

Actual Outlays: $-28,146

Subaward Activity

Number of Subawards: 31

Total Subaward Amount: $195,975,935

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2013-12-20

Current End Date: 2020-05-31

Potential End Date: 2020-05-31 12:05:00

Last Modified: 2022-07-27

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