DoD's $144M Contract for Aircraft Parts: Full & Open Competition Awarded to Beechcraft Corporation

Contract Overview

Contract Amount: $144,102,231 ($144.1M)

Contractor: Beechcraft Corporation

Awarding Agency: Department of Defense

Start Date: 1999-12-28

End Date: 2013-12-06

Contract Duration: 5,092 days

Daily Burn Rate: $28.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 6

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Place of Performance

Location: WICHITA, SEDGWICK County, KANSAS, 67207

State: Kansas Government Spending

Plain-Language Summary

Department of Defense obligated $144.1 million to BEECHCRAFT CORPORATION for work described as: Key points: 1. Significant contract value of $144.1 million awarded to a major aerospace manufacturer. 2. Full and open competition was utilized, suggesting a robust price discovery process. 3. Contract duration spans over 13 years, indicating long-term supply needs. 4. No explicit small business participation noted, potentially limiting broader economic impact.

Value Assessment

Rating: good

The contract value of $144.1 million for aircraft parts appears reasonable given the long duration and the nature of aerospace components. Benchmarking against similar, long-term contracts for specialized aircraft parts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The use of full and open competition is a positive indicator for price discovery, as it allows multiple vendors to bid. This method generally leads to competitive pricing and ensures the government receives the best value.

Taxpayer Impact: The competitive nature of this award suggests taxpayers likely benefited from market-driven pricing, avoiding potential overpayment associated with less competitive procurement methods.

Public Impact

Ensures continued availability of critical aircraft parts for the Air Force. Supports a major aerospace manufacturer and its supply chain. Long contract duration may indicate stable operational requirements for specific aircraft.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the 'Other Aircraft Parts and Auxiliary Equipment Manufacturing' sector. Spending in this area is crucial for maintaining military aviation readiness. Benchmarks for similar long-term contracts for specialized parts can vary widely based on technological complexity and volume.

Small Business Impact

The data indicates that small businesses were not directly involved in this contract award. While the prime contractor is a large entity, opportunities for small business subcontracting were not explicitly detailed, which could be a missed avenue for economic inclusion.

Oversight & Accountability

The contract was awarded under full and open competition, suggesting a standard procurement process. Further oversight would involve monitoring contract performance, adherence to delivery schedules, and any potential modifications or cost adjustments over its extensive duration.

Related Government Programs

Risk Flags

Tags

other-aircraft-parts-and-auxiliary-equip, department-of-defense, ks, dca, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $144.1 million to BEECHCRAFT CORPORATION. See the official description on USAspending.

Who is the contractor on this award?

The obligated recipient is BEECHCRAFT CORPORATION.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Air Force).

What is the total obligated amount?

The obligated amount is $144.1 million.

What is the period of performance?

Start: 1999-12-28. End: 2013-12-06.

What specific types of aircraft parts are covered under this contract, and how critical are they to Air Force operations?

The contract covers 'Other Aircraft Parts and Auxiliary Equipment Manufacturing' for the Department of the Air Force. While specific part details are not provided, the significant value and long duration suggest these are likely essential components for maintaining the operational readiness of various Air Force aircraft platforms, potentially including engines, structural elements, or complex avionics subsystems.

Given the 13-year duration, what mechanisms are in place to mitigate risks of price inflation or obsolescence of parts?

The contract utilizes a Firm Fixed Price (FFP) structure, which generally shifts the risk of cost overruns to the contractor. However, long-term FFP contracts can still be vulnerable to inflation if not adequately indexed or reviewed. Mechanisms like periodic price reviews, clear specifications for part interchangeability, and potential clauses for obsolescence management would be crucial for mitigating these risks over such an extended period.

How does the utilization of full and open competition in this instance compare to typical procurement strategies for similar aircraft parts within the DoD?

Utilizing full and open competition for a contract of this magnitude and duration is generally considered a best practice within the DoD, aiming for maximum value and competitive pricing. This approach suggests that the required parts were not subject to unique technological barriers or proprietary restrictions that would necessitate a sole-source or limited competition award, indicating a healthy market for these components.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingOther Aircraft Parts and Auxiliary Equipment Manufacturing

Product/Service Code: AEROSPACE CRAFT AND STRUCTURAL COMPONENTS

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 6

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Raytheon Company (UEI: 001339159)

Address: 10511 E CENTRAL AVE, WICHITA, KS, 04

Business Categories: Category Business, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Contract Characteristics

Cost or Pricing Data: NO

Timeline

Start Date: 1999-12-28

Current End Date: 2013-12-06

Potential End Date: 2013-12-06 00:00:00

Last Modified: 2013-09-30

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