DoD Awards $92M Lockheed Martin Contract for Fire Control Systems Support

Contract Overview

Contract Amount: $92,136,298 ($92.1M)

Contractor: Lockheed Martin Corporation

Awarding Agency: Department of Defense

Start Date: 2020-02-13

End Date: 2023-03-31

Contract Duration: 1,142 days

Daily Burn Rate: $80.7K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: PROVIDES FIELD AND DEPOT LEVEL SUPPORT FOR THE FIRE CONTROL SYSTEMS (FCS) AND LAUNCHER MODULES TO INCLUDE: - TRAINING, ASSET MANAGEMENT, TECHNICAL MANAGEMENT, PROGRAM MANAGEMENT

Place of Performance

Location: GRAND PRAIRIE, DALLAS County, TEXAS, 75051

State: Texas Government Spending

Plain-Language Summary

Department of Defense obligated $92.1 million to LOCKHEED MARTIN CORPORATION for work described as: PROVIDES FIELD AND DEPOT LEVEL SUPPORT FOR THE FIRE CONTROL SYSTEMS (FCS) AND LAUNCHER MODULES TO INCLUDE: - TRAINING, ASSET MANAGEMENT, TECHNICAL MANAGEMENT, PROGRAM MANAGEMENT Key points: 1. Contract focuses on critical fire control systems and launcher modules. 2. Lockheed Martin is the sole provider for this specialized support. 3. High contract value suggests significant reliance on incumbent. 4. Engineering services sector sees substantial government investment.

Value Assessment

Rating: fair

The contract's cost-plus-fixed-fee structure allows for cost overruns, potentially impacting value. Benchmarking against similar complex engineering support contracts is difficult without more detailed cost breakdowns.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award. This limits price discovery and potentially leads to higher costs for taxpayers as competition is absent.

Taxpayer Impact: The lack of competition for this significant contract raises concerns about optimal taxpayer value and potential for inflated pricing.

Public Impact

Ensures readiness of critical defense systems. Supports advanced military technology maintenance. Impacts operational capabilities of the Army.

Waste & Efficiency Indicators

Waste Risk Score: 80 / 10

Warning Flags

  • Sole-source award limits competition.
  • Cost-plus-fixed-fee can lead to cost overruns.
  • Lack of transparency in pricing.

Positive Signals

  • Provides essential support for critical systems.
  • Leverages specialized expertise of Lockheed Martin.

Sector Analysis

This contract falls within the Engineering Services sector, which is crucial for maintaining and developing complex defense technologies. Spending in this area is often driven by national security needs and technological advancements.

Small Business Impact

The data indicates no specific set-aside for small businesses. This contract, awarded to a large corporation, likely offers limited direct opportunities for small businesses unless through subcontracting.

Oversight & Accountability

The sole-source nature of this award warrants close oversight to ensure fair pricing and effective service delivery. Accountability for performance and cost management is critical.

Related Government Programs

  • Engineering Services
  • Department of Defense Contracting
  • Department of the Army Programs

Risk Flags

  • Sole-source award
  • Cost-plus-fixed-fee contract type
  • Lack of competition
  • Potential for cost overruns
  • Limited small business participation

Tags

engineering-services, department-of-defense, tx, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $92.1 million to LOCKHEED MARTIN CORPORATION. PROVIDES FIELD AND DEPOT LEVEL SUPPORT FOR THE FIRE CONTROL SYSTEMS (FCS) AND LAUNCHER MODULES TO INCLUDE: - TRAINING, ASSET MANAGEMENT, TECHNICAL MANAGEMENT, PROGRAM MANAGEMENT

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 $92.1 million.

What is the period of performance?

Start: 2020-02-13. End: 2023-03-31.

What is the justification for the sole-source award and has an alternatives analysis been conducted?

The justification for a sole-source award typically stems from unique capabilities, proprietary technology, or urgent needs where only one source can fulfill the requirement. An alternatives analysis is crucial to confirm that no other capable sources exist or could be developed within a reasonable timeframe, ensuring the government has explored all viable options before foregoing competition.

How are cost overruns managed and mitigated under this cost-plus-fixed-fee contract?

Cost-plus-fixed-fee contracts require robust government oversight to manage and mitigate cost overruns. This involves detailed monitoring of expenditures, regular audits, and strict adherence to the contract's scope. The fixed fee provides an incentive for the contractor to control costs, but the government must actively manage the 'cost' portion to prevent excessive spending.

What performance metrics are in place to ensure the effectiveness of the support provided?

Effectiveness is ensured through clearly defined performance metrics and service level agreements (SLAs) within the contract. These metrics might include response times for technical support, system uptime percentages, training completion rates, and successful system maintenance outcomes. Regular performance reviews and contractor evaluations are essential to track progress and address any deficiencies.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesArchitectural, Engineering, and Related ServicesEngineering Services

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)MANAGEMENT SUPPORT SERVICES

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: W31P4Q18R0140

Offers Received: 1

Pricing Type: COST PLUS FIXED FEE (U)

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: $112,749,062

Exercised Options: $93,163,768

Current Obligation: $92,136,298

Actual Outlays: $9,535,142

Subaward Activity

Number of Subawards: 289

Total Subaward Amount: $43,254,365

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2020-02-13

Current End Date: 2023-03-31

Potential End Date: 2023-03-31 00:00:00

Last Modified: 2025-09-26

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