DoD awards $32.1M for M240B MG parts to Colt's Manufacturing under full and open competition

Contract Overview

Contract Amount: $32,186,095 ($32.2M)

Contractor: Colt's Manufacturing Company, LLC

Awarding Agency: Department of Defense

Start Date: 2009-09-25

End Date: 2015-09-23

Contract Duration: 2,189 days

Daily Burn Rate: $14.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: DELIVERY ORDER 0001, UNDER CONTRACT W56HZV09D0175, FOR THE M240B MG

Place of Performance

Location: WEST HARTFORD, HARTFORD County, CONNECTICUT, 06110

State: Connecticut Government Spending

Plain-Language Summary

Department of Defense obligated $32.2 million to COLT'S MANUFACTURING COMPANY, LLC for work described as: DELIVERY ORDER 0001, UNDER CONTRACT W56HZV09D0175, FOR THE M240B MG Key points: 1. Significant award for critical defense hardware. 2. Colt's Manufacturing is a known supplier in this niche. 3. Long performance period suggests sustained demand. 4. Fixed-price contract aims to control costs.

Value Assessment

Rating: good

The award amount of $32.1M over nearly 6 years for M240B MG parts appears reasonable given the specialized nature of the components and the established manufacturer. Benchmarking against similar defense hardware contracts would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a competitive bidding process. This method is expected to yield fair market prices and ensure the government receives the best value.

Taxpayer Impact: The competitive nature of the award suggests taxpayers are likely benefiting from a price discovery process that drives value.

Public Impact

Ensures continued availability of a key weapon system component for U.S. military operations. Supports a long-standing defense contractor, maintaining domestic manufacturing capabilities. The extended delivery period indicates a consistent need for these parts. Potential for follow-on orders or similar contracts for related defense equipment.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This award falls within the Defense sector, specifically related to ordnance manufacturing. Spending in this area is driven by military readiness requirements and modernization efforts. Benchmarks for similar weapon system component contracts are highly variable based on complexity and quantity.

Small Business Impact

The awardee, Colt's Manufacturing Company, LLC, is a large business. There is no indication in the provided data that small businesses were involved as subcontractors or partners in this specific delivery order.

Oversight & Accountability

The Department of Defense, through the Defense Contract Management Agency, is responsible for overseeing this contract. The firm fixed price structure provides a degree of cost control, but ongoing monitoring is crucial for performance and adherence to specifications.

Related Government Programs

Risk Flags

Tags

small-arms-ordnance-and-ordnance-accesso, department-of-defense, ct, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $32.2 million to COLT'S MANUFACTURING COMPANY, LLC. DELIVERY ORDER 0001, UNDER CONTRACT W56HZV09D0175, FOR THE M240B MG

Who is the contractor on this award?

The obligated recipient is COLT'S MANUFACTURING COMPANY, LLC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Contract Management Agency).

What is the total obligated amount?

The obligated amount is $32.2 million.

What is the period of performance?

Start: 2009-09-25. End: 2015-09-23.

What is the historical pricing trend for M240B MG parts from Colt's Manufacturing?

Analyzing historical pricing data for M240B MG parts from Colt's Manufacturing would reveal if the current award reflects competitive pricing or potential increases over time. Understanding past price adjustments, volume discounts, and the impact of inflation would provide valuable context for assessing the long-term value of this contract and identifying any potential cost overruns.

What are the specific risks associated with a long-term supply of critical weapon components from a single source?

A long-term supply from a single source, even an established one like Colt's, carries risks such as potential supply chain disruptions due to unforeseen events (natural disasters, geopolitical issues), or the contractor prioritizing other business lines. This could impact military readiness. Additionally, it may reduce leverage for future price negotiations if competition is not actively sought.

How effectively does the firm fixed price contract type mitigate cost risks for this specific award?

The firm fixed price (FFP) contract type is designed to shift cost risk to the contractor, providing budget certainty for the government. For this award, it means Colt's Manufacturing is responsible for any cost overruns. However, the effectiveness relies on the initial price being fair and competitive, and the contract terms adequately defining the scope to prevent change orders that could inflate costs.

Industry Classification

NAICS: ManufacturingOther Fabricated Metal Product ManufacturingSmall Arms, Ordnance, and Ordnance Accessories Manufacturing

Product/Service Code: WEAPONS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: European Holding Company, SE

Address: 547 NEW PARK AVE, WEST HARTFORD, CT, 06110

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: $32,186,095

Exercised Options: $32,186,095

Current Obligation: $32,186,095

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: W56HZV09D0175

IDV Type: IDC

Timeline

Start Date: 2009-09-25

Current End Date: 2015-09-23

Potential End Date: 2015-09-23 00:00:00

Last Modified: 2025-10-23

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