DoD Awards $54M for Aircraft Parts to Lockheed Martin, Raising Value Concerns

Contract Overview

Contract Amount: $54,076,740 ($54.1M)

Contractor: Lockheed Martin Integrated Systems, LLC

Awarding Agency: Department of Defense

Start Date: 2003-12-18

End Date: 2012-05-11

Contract Duration: 3,067 days

Daily Burn Rate: $17.6K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: 200403!000044!5700!GJ40 !WARNER ROBINS ALC/LUK !F0960301D0207 !A!N! !N!0059 ! !20031218!20061218!836196972!805258373!834951691!N!LOCKHEED MARTIN INTEGRATED SYS!6801 ROCKLEDGE DRIVE !BETHESDA !NJ!20817!74260!001!09!STRATFORD !FAIRFIELD !CONN !+000006457860!N!N!000000000000!1520!AIRCRAFT ROTARY WING !A1A!AIRFRAMES AND SPARES !000 !* !336413!E! !5!B!M! !C! !99990909!B! ! !A! !A!N!J!1!001!B! !A!Y!A! ! !N!C!N! ! ! !A!A!A!A!000!A!C!N! ! ! ! ! ! !0001! !

Place of Performance

Location: WARNER ROBINS, HOUSTON County, GEORGIA, 31088

State: Georgia Government Spending

Plain-Language Summary

Department of Defense obligated $54.1 million to LOCKHEED MARTIN INTEGRATED SYSTEMS, LLC for work described as: 200403!000044!5700!GJ40 !WARNER ROBINS ALC/LUK !F0960301D0207 !A!N! !N!0059 ! !20031218!20061218!836196972!805258373!834951691!N!LOCKHEED MARTIN INTEGRATED SYS!6801 ROCKLEDGE DRIVE !BETHESDA !NJ!20817!74260!001!09!STRATFORD !FAIR… Key points: 1. The contract value of $54,076,739.74 appears high for aircraft parts, warranting scrutiny. 2. Lockheed Martin is a dominant player, potentially limiting competitive options. 3. The long duration (2003-2012) and firm fixed-price nature suggest potential for cost overruns if initial estimates were inaccurate. 4. Spending in the aircraft manufacturing sector is substantial, but this specific award needs context.

Value Assessment

Rating: questionable

The contract value of over $54 million for aircraft parts seems substantial. Benchmarking against similar contracts for airframes and spares is crucial to determine if this pricing is competitive or inflated.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

While advertised as full and open competition, the award to a single entity, Lockheed Martin, raises questions about the effectiveness of the competition process and whether the best possible price was achieved.

Taxpayer Impact: The significant value of this contract means taxpayers could be overpaying if the competition was not robust or if pricing was not adequately scrutinized.

Public Impact

Taxpayers may be footing a bill that could have been lower with more effective competition. The long contract period could mean sustained, potentially excessive, spending on aircraft components. Dependence on a single large contractor like Lockheed Martin can impact future pricing and innovation. The specific nature of the parts (rotary wing aircraft) suggests a critical role in military readiness.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Defense sector, specifically aircraft manufacturing. Spending in this area is often high due to the complexity and critical nature of military aviation. Benchmarks for similar contracts are essential for evaluating value.

Small Business Impact

The data indicates the award went to Lockheed Martin, a large corporation. There is no immediate indication of small business participation in this specific contract, which is common for large prime contracts.

Oversight & Accountability

The contract was awarded by the Department of Defense via the Defense Contract Management Agency. Oversight would involve monitoring performance, delivery, and adherence to contract terms, but the effectiveness of price oversight is a concern.

Related Government Programs

Risk Flags

Tags

aircraft-manufacturing, department-of-defense, ga, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $54.1 million to LOCKHEED MARTIN INTEGRATED SYSTEMS, LLC. 200403!000044!5700!GJ40 !WARNER ROBINS ALC/LUK !F0960301D0207 !A!N! !N!0059 ! !20031218!20061218!836196972!805258373!834951691!N!LOCKHEED MARTIN INTEGRATED SYS!6801 ROCKLEDGE DRIVE !BETHESDA !NJ!20817!74260!001!09!STRATFORD !FAIRFIELD !CONN !+000006457860!N!N!000000000000!1520!AIRCRAFT ROTARY WING !A1A!AIRFRAMES AND SPARES !000 !* !336413!E! !5!B!M! !C! !999

Who is the contractor on this award?

The obligated recipient is LOCKHEED MARTIN INTEGRATED SYSTEMS, 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 $54.1 million.

What is the period of performance?

Start: 2003-12-18. End: 2012-05-11.

What specific aircraft components were procured under this contract, and how do their unit costs compare to industry standards for similar parts?

The contract specifies 'AIRCRAFT ROTARY WING' components and 'AIRFRAMES AND SPARES'. Without a detailed breakdown of the specific parts and their quantities, a precise unit cost benchmark is difficult. However, the overall value of $54 million for spares over a period potentially extending to 2012 suggests significant investment. Further analysis would require access to the contract's line item details to compare against market rates for comparable rotary-wing airframe components.

Given the 'full and open competition' designation, what factors led to a single award to Lockheed Martin, and were alternative bids seriously considered?

While designated 'full and open competition,' the award to a single entity, Lockheed Martin, warrants investigation. Factors could include highly specialized requirements, existing platform integration, or potentially a flawed solicitation process. Understanding the bidding landscape, the number of proposals received, and the evaluation criteria used is crucial to determine if the competition was truly effective in driving down costs and ensuring the best value for the government.

How does the firm fixed-price (FFP) contract structure mitigate or exacerbate risks related to cost overruns for these aircraft parts?

A Firm Fixed Price (FFP) contract generally shifts the risk of cost overruns to the contractor, Lockheed Martin. This means the government pays a set price regardless of the contractor's actual costs. While this provides budget certainty, it also means that if Lockheed Martin underestimated costs, they absorb the loss. Conversely, if their costs are lower than anticipated, they realize a higher profit. The risk for the government lies in potentially paying a premium upfront to account for the contractor's risk.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingAircraft Manufacturing

Product/Service Code: AEROSPACE CRAFT AND STRUCTURAL COMPONENTS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Lockheed Martin Corp (UEI: 834951691)

Address: 645 TALLULAH TRAIL SUITE 101, WARNER ROBINS, GA, 31088

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $4,629,700

Exercised Options: $4,629,700

Current Obligation: $54,076,740

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: F0960301D0207

IDV Type: IDC

Timeline

Start Date: 2003-12-18

Current End Date: 2012-05-11

Potential End Date: 2012-05-11 00:00:00

Last Modified: 2018-05-22

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