DoD Awards $253.6M for Orbital Operations and Logistics to Lockheed Martin

Contract Overview

Contract Amount: $253,596,746 ($253.6M)

Contractor: Lockheed Martin Corp

Awarding Agency: Department of Defense

Start Date: 2019-11-21

End Date: 2024-01-03

Contract Duration: 1,504 days

Daily Burn Rate: $168.6K/day

Competition Type: NOT COMPETED

Pricing Type: COST PLUS INCENTIVE FEE

Sector: Defense

Official Description: COMBINED ORBITAL OPERATIONS, LOGISTICS, AND RESILIENCY

Place of Performance

Location: LITTLETON, DOUGLAS County, COLORADO, 80125

State: Colorado Government Spending

Plain-Language Summary

Department of Defense obligated $253.6 million to LOCKHEED MARTIN CORP for work described as: COMBINED ORBITAL OPERATIONS, LOGISTICS, AND RESILIENCY Key points: 1. Significant contract value for complex defense services. 2. Sole-source award raises questions about competition and potential cost savings. 3. Long contract duration (1504 days) suggests a critical, ongoing need. 4. Engineering services sector is vital for national security.

Value Assessment

Rating: questionable

The contract is a Cost Plus Incentive Fee type, which can lead to cost overruns if not managed tightly. Without competitive benchmarks, assessing the value for money is difficult.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award. This limits price discovery and may result in higher costs for taxpayers compared to a competitive process.

Taxpayer Impact: The lack of competition for a large contract like this could mean taxpayers are not receiving the best possible price.

Public Impact

Ensures continued operation and resilience of critical orbital assets. Supports advanced engineering and logistics for space-based systems. Impacts national security through sustained defense capabilities.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Engineering Services sector, which is crucial for the Department of Defense's technological advancements and operational readiness. Spending in this area is often high due to the complexity and specialized nature of defense engineering.

Small Business Impact

The data indicates no specific allocation or set-aside for small businesses (sb=false). This suggests a missed opportunity to foster small business participation in a significant defense contract.

Oversight & Accountability

The contract is managed by the Defense Contract Management Agency, which is responsible for oversight. However, the sole-source nature and cost-plus fee structure warrant close monitoring to ensure cost control and performance.

Related Government Programs

Risk Flags

Tags

engineering-services, department-of-defense, co, delivery-order, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $253.6 million to LOCKHEED MARTIN CORP. COMBINED ORBITAL OPERATIONS, LOGISTICS, AND RESILIENCY

Who is the contractor on this award?

The obligated recipient is LOCKHEED MARTIN CORP.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $253.6 million.

What is the period of performance?

Start: 2019-11-21. End: 2024-01-03.

What is the justification for the sole-source award, and what steps are being taken to ensure fair pricing?

The justification for a sole-source award typically involves unique capabilities or urgent needs. The Department of Defense should have documented reasons for not competing this contract. To ensure fair pricing, robust negotiation and ongoing cost monitoring by the Defense Contract Management Agency are essential, especially given the Cost Plus Incentive Fee structure.

What are the key performance indicators (KPIs) for this contract, and how is Lockheed Martin's performance being measured against them?

Key performance indicators would likely focus on mission success rates, system availability, response times for logistics, and successful implementation of resiliency measures. The Defense Contract Management Agency would track these metrics, and the incentive fee portion of the contract would be tied to achieving or exceeding these targets.

How does the cost of this contract compare to similar orbital operations and logistics contracts awarded competitively?

Direct comparison is challenging due to the sole-source nature of this award. However, the agency should conduct internal cost analyses and benchmark against industry standards for similar services, even if not directly competitive. This helps identify potential overpricing and informs future procurement strategies.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesArchitectural, Engineering, and Related ServicesEngineering Services

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Pricing Type: COST PLUS INCENTIVE FEE (V)

Evaluated Preference: NONE

Contractor Details

Address: 12257 S WADSWORTH BLVD, LITTLETON, CO, 80125

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

Financial Breakdown

Contract Ceiling: $254,583,819

Exercised Options: $254,583,819

Current Obligation: $253,596,746

Actual Outlays: $41,456,975

Subaward Activity

Number of Subawards: 159

Total Subaward Amount: $1,065,614,023

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: FA882320D0001

IDV Type: IDC

Timeline

Start Date: 2019-11-21

Current End Date: 2024-01-03

Potential End Date: 2024-01-03 00:00:00

Last Modified: 2025-05-08

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