Raydon Corporation awarded $60.8M for operational training devices, with a 2004 start date

Contract Overview

Contract Amount: $17,315,333 ($17.3M)

Contractor: Raydon Corporation

Awarding Agency: Department of Defense

Start Date: 2004-06-25

End Date: 2006-12-15

Contract Duration: 903 days

Daily Burn Rate: $19.2K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 2

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: 200411!000192!1700!A8302 !NAVAL AIR WARFARE CENTER TRAININ!N6133901D0723 !A!N! !N!0004 ! !20040625!20050825!608073896!608073896!608073896!N!RAYDON CORPORATION !210 FENTRESS BLVD !DAYTONA BEACH !FL!32114!16525!127!12!DAYTONA BEACH !VOLUSIA !FLORIDA !+000005632980!N!N!000000000000!6930!OPERATIONAL TRAINING DEVICES !C9E!ALL OTHER SUPPLIES AND EQUIPMENT !000 !* !541330!A!A!5!B!M! !B! !99990909!B! ! !A! !A!N!J!2!002!N!2A!Z!N!Z! ! !N!B!N!N! ! !A! !A!A!00 !A!B!N! ! ! ! ! ! !0001! !

Place of Performance

Location: PORT ORANGE, VOLUSIA County, FLORIDA, 32128

State: Florida Government Spending

Plain-Language Summary

Department of Defense obligated $17.3 million to RAYDON CORPORATION for work described as: 200411!000192!1700!A8302 !NAVAL AIR WARFARE CENTER TRAININ!N6133901D0723 !A!N! !N!0004 ! !20040625!20050825!608073896!608073896!608073896!N!RAYDON CORPORATION !210 FENTRESS BLVD !DAYTONA BEACH !FL!32114!16525!127!12!DAYTONA BEACH !VOLU… Key points: 1. Contract value of $60.8M for operational training devices. 2. Awarded by the Naval Air Warfare Center Training. 3. Contract duration of 903 days. 4. Firm Fixed Price contract type. 5. Raydon Corporation is the sole awardee. 6. Located in Daytona Beach, Florida.

Value Assessment

Rating: fair

The contract value of $60.8M for operational training devices appears to be within a reasonable range for specialized training equipment. However, without specific details on the scope and complexity of the devices, a precise value-for-money assessment is challenging. Benchmarking against similar contracts for advanced simulation and training systems would provide a clearer picture of whether the pricing reflects competitive market rates for the capabilities delivered.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

This contract was awarded under full and open competition after exclusion of sources, indicating that multiple vendors were likely considered. The presence of two bids suggests a degree of competition, which is generally positive for price discovery. However, the 'exclusion of sources' clause warrants further investigation to understand if any potential bidders were preemptively disqualified and why.

Taxpayer Impact: The competitive bidding process, even with exclusions, aims to secure the best possible price for taxpayers. A limited number of bidders can sometimes lead to higher prices if competition is not robust.

Public Impact

Naval personnel benefit from enhanced operational training capabilities. Services delivered include the provision of operational training devices. Geographic impact is primarily within naval training facilities. Workforce implications may involve specialized technicians for device maintenance and operation.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the broader defense sector, specifically related to training and simulation technologies. The market for such systems is driven by defense spending and the need for realistic training environments. Comparable spending benchmarks would involve analyzing other contracts for flight simulators, virtual reality training systems, and other advanced instructional equipment used by military branches.

Small Business Impact

Information regarding small business set-asides or subcontracting plans is not explicitly detailed in the provided data. Without this information, it's difficult to assess the impact on the small business ecosystem. Typically, larger contracts may include provisions for small business participation, but this contract does not indicate such a focus.

Oversight & Accountability

Oversight for this contract would likely fall under the purview of the Naval Air Warfare Center Training and the Defense Contract Management Agency. Accountability measures would be tied to the delivery of specified training devices and adherence to the firm fixed-price terms. Transparency is generally facilitated through contract databases, though detailed performance reports may not always be publicly accessible.

Related Government Programs

Risk Flags

Tags

defense, department-of-defense, naval-air-warfare-center-training, raydon-corporation, firm-fixed-price, full-and-open-competition, operational-training-devices, simulation-and-training, florida, medium-value-contract

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $17.3 million to RAYDON CORPORATION. 200411!000192!1700!A8302 !NAVAL AIR WARFARE CENTER TRAININ!N6133901D0723 !A!N! !N!0004 ! !20040625!20050825!608073896!608073896!608073896!N!RAYDON CORPORATION !210 FENTRESS BLVD !DAYTONA BEACH !FL!32114!16525!127!12!DAYTONA BEACH !VOLUSIA !FLORIDA !+000005632980!N!N!000000000000!6930!OPERATIONAL TRAINING DEVICES !C9E!ALL OTHER SUPPLIES AND EQUIPMENT !000 !* !541330!A!A!5!B!M! !B! !999

Who is the contractor on this award?

The obligated recipient is RAYDON CORPORATION.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $17.3 million.

What is the period of performance?

Start: 2004-06-25. End: 2006-12-15.

What specific types of operational training devices were procured under this contract?

The provided data indicates the contract was for 'OPERATIONAL TRAINING DEVICES' and falls under the Product Service Code (PSC) of '6930' which covers Training Aids. While the specific nature of these devices is not detailed, PSC 6930 often includes simulators, mock-ups, and other equipment designed to replicate real-world operational environments for training purposes. Given the awardee is Raydon Corporation, known for simulation and training solutions, it is likely these devices are sophisticated systems, potentially including flight simulators, virtual reality trainers, or other immersive training platforms critical for naval aviation or other operational roles.

How does the $60.8M contract value compare to similar training device procurements?

Benchmarking the $60.8M contract value requires comparing it to similar procurements for advanced operational training devices. Contracts for complex simulators, such as full-flight simulators for aircraft or sophisticated combat training systems, can range from tens to hundreds of millions of dollars depending on customization, technology, and scope. Without knowing the exact specifications of the devices procured for Raydon Corporation, a precise comparison is difficult. However, the value suggests a significant procurement, likely involving advanced technology and substantial development or manufacturing effort, consistent with major defense training system contracts.

What is the significance of the 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES' award type?

The award type 'FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES' (often abbreviated as FBOAES) indicates that the solicitation was initially intended for full and open competition. However, certain sources or categories of sources were excluded from consideration during the process. This exclusion must be justified by the agency, often due to specific technical requirements, national security concerns, or other unique circumstances that limit the pool of eligible contractors. While it still involves competition, the exclusion means not all potential offerors were considered, which could impact the breadth of competition and potentially the final price compared to a truly unrestricted full and open competition.

What is Raydon Corporation's track record with similar defense training contracts?

Raydon Corporation has a history of providing training and simulation solutions to the U.S. military. While this specific contract is for $60.8 million, the company has been involved in various defense contracts for training systems, including simulators and virtual training environments. Their expertise typically lies in developing and manufacturing these specialized devices. A deeper dive into their contract history would reveal the scale and complexity of previous projects, their performance ratings on those contracts, and their ability to meet delivery schedules and technical specifications, providing further context for this award.

What are the potential risks associated with a Firm Fixed Price (FFP) contract for training devices?

Firm Fixed Price (FFP) contracts, like the one awarded to Raydon Corporation, place the primary risk of cost overruns on the contractor. This can incentivize efficiency and cost control. However, for complex, developmental, or technologically uncertain procurements like advanced training devices, an FFP contract can lead to higher initial pricing as the contractor builds in a contingency for unforeseen issues. If the scope of work is not perfectly defined, or if significant technical challenges arise, the contractor may struggle to deliver within the fixed price, potentially leading to quality compromises or disputes. Conversely, if the contractor significantly underestimates costs, it could impact their financial stability.

Industry Classification

NAICS: ManufacturingCommercial and Service Industry Machinery ManufacturingOther Commercial and Service Industry Machinery Manufacturing

Product/Service Code: TRAINING AIDS AND DEVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Offers Received: 2

Pricing Type: FIRM FIXED PRICE (J)

Contractor Details

Address: 210 FENTRESS BLVD, DAYTONA BEACH, FL, 06

Business Categories: Category Business, Small Business

Contract Characteristics

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N6133901D0723

IDV Type: IDC

Timeline

Start Date: 2004-06-25

Current End Date: 2006-12-15

Potential End Date: 2006-12-15 00:00:00

Last Modified: 2011-07-13

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