DoD Awards $402M Ammunition Contract to Global Military Products Inc

Contract Overview

Contract Amount: $401,956,810 ($402.0M)

Contractor: Global Military Products Inc

Awarding Agency: Department of Defense

Start Date: 2023-01-30

End Date: 2024-05-31

Contract Duration: 487 days

Daily Burn Rate: $825.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: SAWS RFP 07 155MM HE COMPLETE REQUIREMENTS

Place of Performance

Location: TAMPA, HILLSBOROUGH County, FLORIDA, 33607

State: Florida Government Spending

Plain-Language Summary

Department of Defense obligated $402.0 million to GLOBAL MILITARY PRODUCTS INC for work described as: SAWS RFP 07 155MM HE COMPLETE REQUIREMENTS Key points: 1. Contract value of $401,956,810 for ammunition. 2. Awarded to Global Military Products Inc. 3. Full and open competition was utilized. 4. Sector is Defense (Ammunition Manufacturing).

Value Assessment

Rating: good

The contract value of $401,956,810 appears reasonable for the scope of ammunition manufacturing. Benchmarking against similar large-scale defense contracts for specialized munitions would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, suggesting a robust price discovery process. This method typically leads to more competitive pricing as multiple vendors can bid.

Taxpayer Impact: Taxpayer funds are being utilized efficiently through a competitive bidding process, aiming to secure necessary ammunition at the best possible price.

Public Impact

Ensures supply of critical ammunition for defense operations. Supports the defense industrial base and manufacturing capabilities. Potential for job creation within the defense sector.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Dependence on a single contractor for a critical supply.
  • Potential for cost overruns if not managed closely.
  • Geopolitical factors impacting supply chain stability.

Positive Signals

  • Awarded through full and open competition.
  • Firm fixed price contract type limits cost risk.
  • Contract duration allows for sustained supply.

Sector Analysis

This contract falls within the defense sector, specifically ammunition manufacturing. Spending in this area is driven by military readiness requirements and geopolitical events, with significant government investment.

Small Business Impact

The data indicates this contract was not awarded to small businesses, as indicated by 'sb': false. Further analysis would be needed to determine if subcontracting opportunities exist for small businesses.

Oversight & Accountability

The Department of the Army is the contracting agency, implying established oversight mechanisms. However, the duration and value necessitate continuous monitoring for performance and financial accountability.

Related Government Programs

  • Ammunition (except Small Arms) Manufacturing
  • Department of Defense Contracting
  • Department of the Army Programs

Risk Flags

  • Contract awarded to a single entity.
  • Long contract duration (487 days).
  • Potential for supply chain disruptions.
  • Reliance on specific manufacturing capabilities.

Tags

ammunition-except-small-arms-manufacturi, department-of-defense, fl, delivery-order, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $402.0 million to GLOBAL MILITARY PRODUCTS INC. SAWS RFP 07 155MM HE COMPLETE REQUIREMENTS

Who is the contractor on this award?

The obligated recipient is GLOBAL MILITARY PRODUCTS INC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Army).

What is the total obligated amount?

The obligated amount is $402.0 million.

What is the period of performance?

Start: 2023-01-30. End: 2024-05-31.

What is the specific type and quantity of ammunition being procured under this contract?

The provided data specifies the North American Industry Classification System (NAICS) code 332993 for Ammunition (except Small Arms) Manufacturing. However, it does not detail the exact types or quantities of ammunition. This information is crucial for understanding the specific military needs being met and for a more granular cost-effectiveness analysis.

How does the awarded price compare to historical pricing for similar ammunition procurements?

Benchmarking the awarded price of $401,956,810 against historical data for similar ammunition contracts is essential. Without this comparison, it's difficult to definitively assess if the price represents good value. Factors like inflation, material costs, and specific technical requirements influence price fluctuations over time.

What are the key performance indicators (KPIs) and quality assurance measures in place for this contract?

Effective oversight requires clearly defined KPIs and robust quality assurance measures. These should include specifications for defect rates, delivery timelines, and adherence to safety standards. The contract's success hinges on the agency's ability to monitor and enforce these measures throughout the contract period.

Industry Classification

NAICS: ManufacturingOther Fabricated Metal Product ManufacturingAmmunition (except Small Arms) Manufacturing

Product/Service Code: AMMUNITION AND EXPLOSIVES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 2701 N ROCKY POINT DR STE 1070, TAMPA, FL, 33607

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Hispanic American Owned Business, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $401,956,810

Exercised Options: $401,956,810

Current Obligation: $401,956,810

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: W52P1J22D0007

IDV Type: IDC

Timeline

Start Date: 2023-01-30

Current End Date: 2024-05-31

Potential End Date: 2024-05-31 12:05:00

Last Modified: 2024-05-31

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