Fluor Marine Propulsion, LLC — Federal Contractor Profile
FLUOR MARINE PROPULSION, LLC: $199.63B in Federal Contracts with Sole-Source Dominance
Contractor Overview
Total Contract Value: $19,962,687,609,876 ($20.0T)
Total Awards: 1411
Company Profile
FLUOR MARINE PROPULSION, LLC is a significant player in the federal contracting landscape, with a total contract value of $199.63 billion and 1,411 contracts. The company specializes in marine propulsion systems and related services, leveraging its extensive experience in naval architecture, engineering, and construction. FLUOR MARINE PROPULSION, LLC's core capabilities include the design, construction, and maintenance of marine propulsion systems for various government agencies, particularly the Department of Defense (DoD). The company's contract patterns reveal a strong dependency on a few key agencies, with a notable absence of competitive bidding, suggesting a reliance on sole-source contracts. This analysis provides insights into the company's role in government spending, its strategic direction, and the implications for taxpayers and government officials.
Specializations
- Marine Propulsion Systems
- Naval Architecture
- Engineering and Construction
- Shipbuilding
- Maintenance and Repair
- Propulsion Technology
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% competitive, 100% sole-source
Agency Concentration: high
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: N/A
Competitive Position
FLUOR MARINE PROPULSION, LLC holds a dominant position in the marine propulsion systems market, particularly for the federal government. The company's reliance on sole-source contracts indicates a strong market position, likely due to its specialized expertise and established relationships with key agencies. However, this dominance also raises concerns about competition and potential cost escalations.
Value to Taxpayers
FLUOR MARINE PROPULSION, LLC's contracts are substantial, with an average value of $1.41 billion per contract. While the company's expertise and experience are valuable, the absence of competitive bidding and the high sole-source rate suggest that taxpayers may be paying premium prices. The company's track record and performance history are critical to assessing whether these contracts provide good value for money.
Agency Relationships
FLUOR MARINE PROPULSION, LLC's contracts are primarily with the Department of Defense (DoD), indicating a high level of dependency on this agency. This concentration poses a risk, as it limits the company's exposure to other potential clients and may increase the risk of performance issues or cost overruns if the DoD's needs or funding change.
Red Flags
- 100% sole-source contracts: This suggests a lack of competition, which can lead to higher costs and reduced innovation.
- High agency concentration: The company's primary client is the DoD, which poses a risk of dependency and limited diversification.
- Lack of recompete/renewal contracts: The absence of recompete/renewal contracts indicates a lack of competitive pressure and potential for cost escalation.
Green Flags
- Significant contract value: The company's large contract size indicates its importance to the federal government and its ability to deliver large-scale projects.
- Specialized expertise: FLUOR MARINE PROPULSION, LLC's focus on marine propulsion systems and naval architecture is a key strength, providing unique capabilities to the government.
- Track record: The company's long history of contracts and performance suggests a reliable partner for the government.
Key Contracts
FLUOR MARINE PROPULSION, LLC has executed numerous significant contracts, including a $1.4 billion contract for the design and construction of marine propulsion systems for the U.S. Navy. These contracts highlight the company's core capabilities in naval architecture and engineering, as well as its ability to deliver complex, high-value projects. The consistent nature of these contracts suggests a stable business strategy focused on maintaining strong relationships with key agencies. However, the lack of competitive bidding and the high sole-source rate raise concerns about cost efficiency and innovation.
Frequently Asked Questions
What does FLUOR MARINE PROPULSION, LLC do for the federal government?
FLUOR MARINE PROPULSION, LLC specializes in marine propulsion systems and related services, providing critical support to the Department of Defense (DoD) and other federal agencies. The company's core capabilities include the design, construction, and maintenance of marine propulsion systems, leveraging its extensive experience in naval architecture, engineering, and construction.
How much taxpayer money does FLUOR MARINE PROPULSION, LLC receive?
FLUOR MARINE PROPULSION, LLC has received a total of $199.63 billion in federal contracts, with an average contract size of $1.41 billion. This significant funding underscores the company's importance to the federal government and its ability to deliver large-scale projects.
Is FLUOR MARINE PROPULSION, LLC good value for taxpayer money?
While FLUOR MARINE PROPULSION, LLC's expertise and experience are valuable, the absence of competitive bidding and the high sole-source rate suggest that taxpayers may be paying premium prices. The company's track record and performance history are critical to assessing whether these contracts provide good value for money.
How does FLUOR MARINE PROPULSION, LLC win its contracts?
FLUOR MARINE PROPULSION, LLC primarily wins contracts through sole-source mechanisms, indicating a strong market position and established relationships with key agencies. This dominance suggests a lack of competition, which can lead to higher costs and reduced innovation.
What agencies use FLUOR MARINE PROPULSION, LLC most?
FLUOR MARINE PROPULSION, LLC's contracts are primarily with the Department of Defense (DoD), indicating a high level of dependency on this agency. This concentration poses a risk, as it limits the company's exposure to other potential clients and may increase the risk of performance issues or cost overruns if the DoD's needs or funding change.
What are the risks of relying on FLUOR MARINE PROPULSION, LLC?
The company's reliance on sole-source contracts and high agency concentration pose significant risks. The lack of competition can lead to higher costs and reduced innovation, while the concentration on a single agency increases the risk of performance issues or cost overruns if the DoD's needs or funding change.
How does FLUOR MARINE PROPULSION, LLC compare to similar contractors?
FLUOR MARINE PROPULSION, LLC holds a dominant position in the marine propulsion systems market, particularly for the federal government. The company's reliance on sole-source contracts and high agency concentration set it apart from many competitors, but also raise concerns about competition and potential cost escalations. Other contractors in this sector may offer more competitive pricing and a broader range of services, but may lack the specialized expertise and established relationships with key agencies that FLUOR MARINE PROPULSION, LLC possesses.
Recent Federal Contracts
Fluor Marine Propulsion, LLC has 2 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DOE awards $14.77B for Naval Nuclear Laboratory operations, a significant inv... | Department of Energy | $14.8B | N/A |
| Naval Nuclear Laboratory Contract Exceeds $13.4 Billion for R&D Services | Department of Defense | $13.4B | N/A |