DoD Awards $40M+ for PAC-3 Missile Support, Sole-Sourced to Lockheed Martin

Contract Overview

Contract Amount: $40,036,383 ($40.0M)

Contractor: Lockheed Martin Corporation

Awarding Agency: Department of Defense

Start Date: 2021-05-01

End Date: 2027-12-31

Contract Duration: 2,435 days

Daily Burn Rate: $16.4K/day

Competition Type: NOT COMPETED

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: THIS CONTRACT IS FOR PATRIOT ADVANCED CAPABILITY-3 (PAC-3) MISSILE SUPPORT CENTER (P3MSC) FOR THE US AND FOREIGN MILITARY SALES (FMS) CUSTOMERS.

Place of Performance

Location: GRAND PRAIRIE, DALLAS County, TEXAS, 75051

State: Texas Government Spending

Plain-Language Summary

Department of Defense obligated $40.0 million to LOCKHEED MARTIN CORPORATION for work described as: THIS CONTRACT IS FOR PATRIOT ADVANCED CAPABILITY-3 (PAC-3) MISSILE SUPPORT CENTER (P3MSC) FOR THE US AND FOREIGN MILITARY SALES (FMS) CUSTOMERS. Key points: 1. Significant contract value for critical missile defense system. 2. Sole-source award raises questions about competition and pricing. 3. Long-term support contract (2021-2027) indicates ongoing need. 4. Focus on PAC-3 missile system highlights strategic defense investment.

Value Assessment

Rating: questionable

The contract value of $40M+ for PAC-3 missile support is substantial. Without competitive bidding, it's difficult to assess if this price is optimal compared to potential alternatives or previous contracts for similar support services.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award to Lockheed Martin Corporation. This limits price discovery and potentially leads to higher costs for the government and FMS customers.

Taxpayer Impact: The lack of competition may result in taxpayers bearing a higher cost for essential missile defense support.

Public Impact

Ensures continued operational readiness of the PAC-3 missile defense system. Supports both U.S. and allied military capabilities through FMS. Potential for increased costs due to sole-source nature. Long-term commitment to a key defense asset.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Lack of competition
  • Potential for cost overruns

Positive Signals

  • Critical defense system support
  • Long-term contract duration
  • Supports FMS customers

Sector Analysis

This contract falls within the defense sector, specifically focusing on missile systems. Spending benchmarks for specialized defense support services can vary widely, but sole-source awards often deviate from competitive norms.

Small Business Impact

This contract does not appear to involve small business participation, as indicated by the 'sb': false field. The prime contractor is a large corporation, and there's no information on subcontracting to small businesses.

Oversight & Accountability

The sole-source nature of this award warrants close oversight to ensure fair pricing and efficient use of funds. Accountability for performance and cost management is crucial given the lack of competitive pressure.

Related Government Programs

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

Risk Flags

  • Sole-source award
  • Lack of competitive bidding
  • Potential for inflated pricing
  • Limited transparency in cost justification
  • Long-term reliance on a single vendor

Tags

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

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $40.0 million to LOCKHEED MARTIN CORPORATION. THIS CONTRACT IS FOR PATRIOT ADVANCED CAPABILITY-3 (PAC-3) MISSILE SUPPORT CENTER (P3MSC) FOR THE US AND FOREIGN MILITARY SALES (FMS) CUSTOMERS.

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 $40.0 million.

What is the period of performance?

Start: 2021-05-01. End: 2027-12-31.

What is the justification for the sole-source award of the PAC-3 missile support contract?

The justification for a sole-source award typically involves factors such as unique capabilities, proprietary technology, or urgent requirements where only one source can fulfill the need. Without specific documentation, it's presumed that Lockheed Martin is the only entity capable of providing the specialized support required for the PAC-3 system.

How does the lack of competition impact the overall cost-effectiveness of this contract?

A sole-source contract inherently reduces competitive pressure, which can lead to higher prices than if multiple bidders were involved. The government may not achieve the best possible value, and taxpayers could bear increased costs. Robust negotiation and oversight are critical to mitigate this.

What are the risks associated with relying on a single provider for critical missile defense support?

The primary risks include potential price gouging, reduced incentive for innovation, and supply chain vulnerabilities if the sole provider faces operational issues. Dependence on one company can also limit flexibility in adapting to evolving threats or technological advancements.

Industry Classification

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

Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENTMAINT, REPAIR, REBUILD OF EQUIPMENT

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

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: $40,036,383

Exercised Options: $40,036,383

Current Obligation: $40,036,383

Subaward Activity

Number of Subawards: 7

Total Subaward Amount: $8,009,611

Contract Characteristics

Multi-Year Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: W31P4Q17D0026

IDV Type: IDC

Timeline

Start Date: 2021-05-01

Current End Date: 2027-12-31

Potential End Date: 2027-12-31 12:12:00

Last Modified: 2025-11-19

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