DoD Awards $59.6M for Patriot Missile Support to Lockheed Martin, Lacking Competition

Contract Overview

Contract Amount: $59,586,137 ($59.6M)

Contractor: Lockheed Martin Corporation

Awarding Agency: Department of Defense

Start Date: 2024-03-27

End Date: 2027-04-01

Contract Duration: 1,100 days

Daily Burn Rate: $54.2K/day

Competition Type: NOT COMPETED

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: ATRIOT ADVANCED CAPABILITY-3 MISSILE SUPPORT CENTER (P3MSC) LOGISTICS SUPPORT, US LAUNCHER REPAIR & RETURN (R&R), AND FOREIGN MILITARY SALES (FMS) LAUNCHER R&R

Place of Performance

Location: GRAND PRAIRIE, DALLAS County, TEXAS, 75051

State: Texas Government Spending

Plain-Language Summary

Department of Defense obligated $59.6 million to LOCKHEED MARTIN CORPORATION for work described as: ATRIOT ADVANCED CAPABILITY-3 MISSILE SUPPORT CENTER (P3MSC) LOGISTICS SUPPORT, US LAUNCHER REPAIR & RETURN (R&R), AND FOREIGN MILITARY SALES (FMS) LAUNCHER R&R Key points: 1. Significant contract value of $59.6 million for critical missile support. 2. Sole-source award to Lockheed Martin raises concerns about competitive pricing. 3. Potential for higher costs due to lack of market competition. 4. Focus on essential missile system logistics and repair services.

Value Assessment

Rating: questionable

The contract's Cost Plus Fixed Fee structure, combined with a sole-source award, makes a direct pricing comparison difficult. Without competitive bids, it's challenging to ascertain if the fixed fee accurately reflects market rates for similar logistics and repair 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. This lack of competition limits price discovery and may result in less favorable terms for the government compared to a competitive procurement.

Taxpayer Impact: The absence of competition could lead to taxpayers potentially overpaying for essential missile support services.

Public Impact

Ensures continued operational readiness of the Patriot missile defense system. Supports U.S. Army and Foreign Military Sales (FMS) launcher repair. Maintains critical logistics infrastructure for a key defense asset. Potential for increased costs impacts overall defense budget allocation.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award
  • Cost-plus contract type
  • Lack of competition

Positive Signals

  • Essential defense system support
  • Long-term contract duration

Sector Analysis

This contract falls within the defense sector, specifically focusing on guided missile and space vehicle parts and auxiliary equipment manufacturing. Spending benchmarks in this niche area are difficult to establish without comparable competitive contracts, but large sole-source awards warrant scrutiny.

Small Business Impact

The data indicates no specific set-aside for small businesses. Given the specialized nature of Patriot missile support and the sole-source award to a large prime contractor, small business participation is likely minimal or indirect.

Oversight & Accountability

The sole-source nature of this award necessitates robust oversight to ensure the fixed fee is reasonable and that Lockheed Martin is performing efficiently. The Department of the Army should actively monitor costs and performance metrics.

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 limits competition
  • Cost-plus contract type increases government risk
  • Potential for inflated pricing
  • Lack of transparency in pricing justification
  • Limited small business participation opportunities

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 $59.6 million to LOCKHEED MARTIN CORPORATION. ATRIOT ADVANCED CAPABILITY-3 MISSILE SUPPORT CENTER (P3MSC) LOGISTICS SUPPORT, US LAUNCHER REPAIR & RETURN (R&R), AND FOREIGN MILITARY SALES (FMS) LAUNCHER R&R

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 $59.6 million.

What is the period of performance?

Start: 2024-03-27. End: 2027-04-01.

What is the justification for the sole-source award, and were alternative competitive strategies considered?

The justification for a sole-source award is typically based on factors like unique capabilities, urgent need, or lack of viable alternatives. Without further details on the specific justification, it's difficult to assess if alternative competitive strategies were thoroughly explored. A detailed review of the contracting officer's determination is needed to understand the rationale and ensure it aligns with federal procurement regulations.

How does the fixed fee in this Cost Plus Fixed Fee contract compare to industry benchmarks for similar missile support services?

Assessing the reasonableness of the fixed fee requires access to detailed cost breakdowns and industry benchmark data for specialized missile logistics and repair. Given the sole-source nature, direct comparison is challenging. The government should have conducted a thorough cost analysis, potentially using historical data or independent cost estimates, to validate the fixed fee's appropriateness.

What mechanisms are in place to ensure efficient performance and prevent cost overruns under this Cost Plus Fixed Fee contract?

Under a Cost Plus Fixed Fee contract, the government bears the cost risk, making efficient performance monitoring crucial. Mechanisms should include detailed performance metrics, regular progress reviews, audits of incurred costs, and clear communication channels with the contractor. The contracting officer must actively manage the contract to ensure the fixed fee is earned through efficient and effective service delivery.

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: $59,586,137

Exercised Options: $59,586,137

Current Obligation: $59,586,137

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: W31P4Q22D0022

IDV Type: IDC

Timeline

Start Date: 2024-03-27

Current End Date: 2027-04-01

Potential End Date: 2027-04-01 12:04:00

Last Modified: 2025-05-21

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