Naval Air Systems Command awards $153.7M contract to General Electric for aircraft engines

Contract Overview

Contract Amount: $1,536,839,701 ($1.5B)

Contractor: General Electric Company

Awarding Agency: Department of Defense

Start Date: 2002-05-08

End Date: 2008-01-31

Contract Duration: 2,094 days

Daily Burn Rate: $733.9K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: 200210!004379!1700!AA427 !NAVAL AIR SYSTEMS COMMAND !N0001901C0147 !A!N! !N!P00001 !20020508!20031130!001408509!001408509!001367960!N!GENERAL ELECTRIC COMPANY INC !1000 WESTERN AVE !LYNN !MA!01910!37490!009!25!LYNN !ESSEX !MASS !+000060619860!N!N!000000000000!2840!GAS TURBINES AND JET ENGINES, ACFT & COMPS !A1B!AIRCRAFT ENGINES AND SPARES !2BJN!F414-GE-400 !336412!E! !1! ! !C! ! !99990909!B! ! !A! !D!N!J!1!001!N!1A!A!W!F! ! !N!C!N! ! ! !A!A!A!A!000!A!B!Y! ! ! ! ! ! !0001!

Place of Performance

Location: LYNN, ESSEX County, MASSACHUSETTS, 01905

State: Massachusetts Government Spending

Plain-Language Summary

Department of Defense obligated $1.54 billion to GENERAL ELECTRIC COMPANY for work described as: 200210!004379!1700!AA427 !NAVAL AIR SYSTEMS COMMAND !N0001901C0147 !A!N! !N!P00001 !20020508!20031130!001408509!001408509!001367960!N!GENERAL ELECTRIC COMPANY INC !1000 WESTERN AVE !LYNN !MA!01910!37490!009!25!LYNN !ESSEX… Key points: 1. The contract is for aircraft engines and spares, a critical component for naval aviation. 2. General Electric is a dominant player in the aircraft engine market, indicating limited competition. 3. The contract's fixed-price nature aims to control costs, but oversight is needed for potential overruns. 4. This spending falls within the Defense sector, specifically aircraft manufacturing and maintenance.

Value Assessment

Rating: good

The contract value of $153.7M for aircraft engines and spares appears reasonable given the nature of the product and the sole-source award. Benchmarking against similar large-scale engine procurements would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

The contract was awarded on a sole-source basis, likely due to the specialized nature of the F414-GE-400 engine. This limits price discovery and competition, potentially leading to higher costs than a competitive bid.

Taxpayer Impact: Taxpayer funds are utilized for this procurement. While essential for defense, the lack of competition warrants scrutiny to ensure fair pricing.

Public Impact

Ensures continued operational readiness of naval aircraft by providing essential engine components. Supports a major defense contractor, potentially impacting jobs and the broader aerospace supply chain. Highlights the reliance on specific manufacturers for critical defense systems, raising questions about long-term strategic sourcing.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Defense sector, specifically focusing on aircraft engines. Spending in this area is critical for national security and often involves high-value, specialized procurements with limited competition.

Small Business Impact

This contract was awarded to a large prime contractor, General Electric. There is no indication of subcontracting opportunities for small businesses within the provided data, which is common for large, specialized defense procurements.

Oversight & Accountability

The contract was awarded by the Naval Air Systems Command, a component of the Department of Defense. Oversight would typically involve contract administration by the Defense Contract Management Agency to ensure compliance and performance.

Related Government Programs

Risk Flags

Tags

aircraft-engine-and-engine-parts-manufac, department-of-defense, ma, dca, billion-dollar

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $1.54 billion to GENERAL ELECTRIC COMPANY. 200210!004379!1700!AA427 !NAVAL AIR SYSTEMS COMMAND !N0001901C0147 !A!N! !N!P00001 !20020508!20031130!001408509!001408509!001367960!N!GENERAL ELECTRIC COMPANY INC !1000 WESTERN AVE !LYNN !MA!01910!37490!009!25!LYNN !ESSEX !MASS !+000060619860!N!N!000000000000!2840!GAS TURBINES AND JET ENGINES, ACFT & COMPS !A1B!AIRCRAFT ENGINES AND SPARES !2BJN!F414-GE-400 !336412!E! !1! ! !C! ! !99990909!B

Who is the contractor on this award?

The obligated recipient is GENERAL ELECTRIC COMPANY.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $1.54 billion.

What is the period of performance?

Start: 2002-05-08. End: 2008-01-31.

What is the justification for the sole-source award, and have alternatives been thoroughly explored?

Sole-source awards are typically justified when only one responsible source can provide the required supplies or services. For specialized defense systems like advanced aircraft engines, this is often due to proprietary technology, unique manufacturing capabilities, or existing system integration. Thorough exploration of alternatives would involve market research to confirm the absence of other capable sources and a review of potential risks associated with non-competitive awards.

How does the unit cost of these engines compare to similar procurements or industry benchmarks?

Benchmarking the unit cost requires access to detailed pricing data for comparable aircraft engines, considering factors like engine model, quantity, and contract terms. Without specific unit cost data or access to proprietary pricing information, a precise comparison is difficult. However, the overall contract value and duration can provide a rough estimate, which should be evaluated against historical data for similar defense procurements.

What are the long-term implications of relying on General Electric for this critical engine component?

Long-term reliance on a single supplier can create strategic vulnerabilities, including potential supply chain disruptions, price increases, and reduced innovation due to lack of competition. It also concentrates critical capabilities within one entity. While GE is a reputable supplier, the government may explore strategies to foster competition or develop alternative sources for future procurements to mitigate these risks.

Industry Classification

NAICS: ManufacturingAerospace Product and Parts ManufacturingAircraft Engine and Engine Parts Manufacturing

Product/Service Code: ENGINES AND TURBINES AND COMPONENT

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1000 WESTERN AVE, LYNN, MA, 06

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

Contract Characteristics

Cost or Pricing Data: NOT OBTAINED - WAIVED

Timeline

Start Date: 2002-05-08

Current End Date: 2008-01-31

Potential End Date: 2008-01-31 00:00:00

Last Modified: 2014-09-09

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