DoD's $122M 'ONE-SHOT' SYSTEM PHASE 1 Contract Awarded to Lockheed Martin for R&D
Contract Overview
Contract Amount: $12,230,068 ($12.2M)
Contractor: Lockheed Martin Corporation
Awarding Agency: Department of Defense
Start Date: 2007-08-13
End Date: 2010-06-30
Contract Duration: 1,052 days
Daily Burn Rate: $11.6K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 8
Pricing Type: COST PLUS FIXED FEE
Sector: R&D
Official Description: 'ONE-SHOT' SYSTEM PHASE 1
Place of Performance
Location: AKRON, SUMMIT County, OHIO, 44315
State: Ohio Government Spending
Plain-Language Summary
Department of Defense obligated $12.2 million to LOCKHEED MARTIN CORPORATION for work described as: 'ONE-SHOT' SYSTEM PHASE 1 Key points: 1. Contract awarded to a single, large defense contractor. 2. Focus on Research and Development in Physical, Engineering, and Life Sciences. 3. Full and open competition was utilized. 4. Contract duration of 1052 days. 5. Potential for significant technological advancement.
Value Assessment
Rating: fair
The contract's Cost Plus Fixed Fee structure suggests potential for cost overruns. Benchmarking against similar R&D contracts is difficult due to the specialized nature of the 'ONE-SHOT' system.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, indicating a broad search for qualified bidders. This method generally promotes competitive pricing, but the specialized nature of R&D can limit the pool of truly competitive offers.
Taxpayer Impact: Taxpayer funds are being invested in advanced research and development, with the potential for significant future returns if the system proves successful.
Public Impact
Investment in cutting-edge defense technology. Potential for dual-use applications beyond military. Long-term implications for national security capabilities.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Cost Plus Fixed Fee structure can lead to higher costs.
- R&D projects inherently carry high risk of failure or unmet objectives.
- Limited information on specific performance metrics and deliverables.
Positive Signals
- Awarded under full and open competition.
- Focus on critical research and development area.
- Experienced contractor selected.
Sector Analysis
This contract falls within the Research and Development sector, specifically for physical, engineering, and life sciences. Spending in this area is crucial for maintaining technological superiority but is also subject to high uncertainty and risk.
Small Business Impact
The data indicates no specific set-aside for small businesses. Large prime contractors like Lockheed Martin often utilize subcontractors, which may provide opportunities for small businesses, but this is not explicitly detailed.
Oversight & Accountability
Oversight would typically be managed by the Defense Advanced Research Projects Agency (DARPA), known for its rigorous project management. However, specific oversight mechanisms for this contract are not detailed in the provided data.
Related Government Programs
- Research and Development in the Physical, Engineering, and Life Sciences
- Department of Defense Contracting
- Defense Advanced Research Projects Agency Programs
Risk Flags
- Cost Plus Fixed Fee contract type.
- High inherent risk in R&D projects.
- Lack of specific performance metrics in provided data.
- Potential for scope creep in advanced research.
Tags
research-and-development-in-the-physical, department-of-defense, oh, dca, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Defense awarded $12.2 million to LOCKHEED MARTIN CORPORATION. 'ONE-SHOT' SYSTEM PHASE 1
Who is the contractor on this award?
The obligated recipient is LOCKHEED MARTIN CORPORATION.
Which agency awarded this contract?
Awarding agency: Department of Defense (Defense Advanced Research Projects Agency).
What is the total obligated amount?
The obligated amount is $12.2 million.
What is the period of performance?
Start: 2007-08-13. End: 2010-06-30.
What are the specific performance metrics and key milestones for Phase 1 of the 'ONE-SHOT' system, and how will their achievement be measured to ensure value for money?
Detailed performance metrics and milestones are crucial for assessing the value of R&D contracts. Without them, it's challenging to determine if the $122 million investment is yielding tangible progress towards the system's objectives. Effective oversight should track these against the fixed fee to ensure contractor accountability and taxpayer value.
Given the 'ONE-SHOT' system's R&D nature, what is the risk mitigation strategy for potential technological failures or significant deviations from the initial research scope?
R&D inherently involves risk. Mitigation strategies could include phased development with go/no-go decision points, regular technical reviews by independent experts, and contingency planning for alternative approaches. The Cost Plus Fixed Fee structure might incentivize Lockheed Martin to manage risks effectively to protect their fee, but clear contractual provisions for scope changes are essential.
How will the effectiveness of the 'ONE-SHOT' system be evaluated post-Phase 1, and what is the projected timeline for its potential operational deployment or further development?
Effectiveness evaluation typically involves rigorous testing and validation against defined requirements. For advanced R&D, this might extend over several phases. The timeline for operational deployment is highly speculative at this early stage and depends heavily on the success of Phase 1 and subsequent development, requiring ongoing assessment by DARPA.
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Scientific Research and Development Services › Research and Development in the Physical, Engineering, and Life Sciences
Product/Service Code: RESEARCH AND DEVELOPMENT › DEFENSE (OTHER) R&D
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: BASIC RESEARCH
Offers Received: 8
Pricing Type: COST PLUS FIXED FEE (U)
Evaluated Preference: NONE
Contractor Details
Parent Company: Lockheed Martin Corp (UEI: 834951691)
Address: 1210 MASSILLON RD, AKRON, OH, 13
Business Categories: Category Business, Not Designated a Small Business
Financial Breakdown
Contract Ceiling: $12,230,068
Exercised Options: $12,230,068
Current Obligation: $12,230,068
Contract Characteristics
Cost or Pricing Data: YES
Timeline
Start Date: 2007-08-13
Current End Date: 2010-06-30
Potential End Date: 2010-06-30 00:00:00
Last Modified: 2010-04-05
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