DoD's $48M Missile Trainer Contract Awarded to Lockheed Martin Amidst Limited Competition

Contract Overview

Contract Amount: $48,212,446 ($48.2M)

Contractor: Lockheed Martin Corporation

Awarding Agency: Department of Defense

Start Date: 2014-12-03

End Date: 2017-02-28

Contract Duration: 818 days

Daily Burn Rate: $58.9K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIXED PRICE INCENTIVE

Sector: Defense

Official Description: MISSILE ROUND TRAINERS, EMPTY ROUND TRAINERS

Place of Performance

Location: GRAND PRAIRIE, DALLAS County, TEXAS, 75051

State: Texas Government Spending

Plain-Language Summary

Department of Defense obligated $48.2 million to LOCKHEED MARTIN CORPORATION for work described as: MISSILE ROUND TRAINERS, EMPTY ROUND TRAINERS Key points: 1. Significant contract value of $48.2 million for missile trainers. 2. Sole-source award to Lockheed Martin Corporation raises questions about competition. 3. Contract duration of 818 days suggests a substantial project timeline. 4. The sector is Guided Missile and Space Vehicle Manufacturing, a critical defense area.

Value Assessment

Rating: fair

The contract's fixed-price incentive structure aims to control costs, but without competitive bidding, it's difficult to assess if the $48.2 million represents a fair market price. Benchmarking against similar trainer systems would be necessary for a definitive valuation.

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 taxpayers.

Taxpayer Impact: The absence of competition may result in taxpayers paying a premium for these missile trainers.

Public Impact

Ensures readiness for missile systems by providing essential training equipment. Supports a major defense contractor, potentially impacting jobs and the defense industrial base. Highlights the reliance on specific manufacturers for specialized defense components.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of competition
  • Sole-source award
  • Potential for cost overruns without competitive pressure

Positive Signals

  • Provides critical training equipment for missile systems
  • Supports national defense objectives

Sector Analysis

This contract falls within the Guided Missile and Space Vehicle Manufacturing sector, a highly specialized and critical area of defense spending. Benchmarks for similar trainer systems are often difficult to obtain due to the proprietary nature of defense technology and limited competition.

Small Business Impact

The data indicates this contract was awarded to Lockheed Martin Corporation, a large prime contractor. There is no direct indication of small business participation in this specific award, suggesting potential exclusion or limited subcontracting opportunities for SMBs.

Oversight & Accountability

The sole-source nature of this award warrants scrutiny from oversight bodies to ensure the price paid is reasonable and that future procurements explore competitive options where feasible.

Related Government Programs

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

Risk Flags

  • Sole-source award limits price competition.
  • Potential for higher costs due to lack of competitive bidding.
  • Lack of transparency in cost justification.
  • Limited opportunity for innovation and efficiency improvements.
  • No clear indication of small business participation.

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $48.2 million to LOCKHEED MARTIN CORPORATION. MISSILE ROUND TRAINERS, EMPTY ROUND TRAINERS

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 $48.2 million.

What is the period of performance?

Start: 2014-12-03. End: 2017-02-28.

What is the justification for awarding this contract on a sole-source basis instead of seeking competitive bids?

The justification for a sole-source award typically involves factors such as unique capabilities, proprietary technology, or urgent needs where only one source can fulfill the requirement. Without specific documentation, it's presumed the Department of the Army determined Lockheed Martin was the only viable option, potentially due to specialized design or existing system integration.

What are the potential risks associated with a sole-source contract for specialized defense equipment like missile trainers?

The primary risks include inflated pricing due to the absence of competitive pressure, reduced innovation as the contractor faces no market incentive to improve efficiency or technology, and a potential lack of transparency in cost justification. This can lead to suboptimal value for taxpayer dollars and a missed opportunity to foster broader industry capabilities.

How does this contract contribute to the overall effectiveness of missile system training and readiness?

This contract directly contributes to the effectiveness of missile system training by providing the necessary trainer equipment. Ensuring that soldiers have access to realistic and functional training tools is crucial for maintaining operational readiness and proficiency with complex missile systems, ultimately enhancing the military's overall capability.

Industry Classification

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

Product/Service Code: FIRE CONTROL EQPT.

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: FIXED PRICE INCENTIVE (L)

Evaluated Preference: NONE

Contractor Details

Parent Company: Lockheed Martin Corp (UEI: 834951691)

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: $48,212,446

Exercised Options: $48,212,446

Current Obligation: $48,212,446

Subaward Activity

Number of Subawards: 11

Total Subaward Amount: $1,385,599

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2014-12-03

Current End Date: 2017-02-28

Potential End Date: 2017-02-28 12:02:00

Last Modified: 2019-03-14

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