DoD awards SEACORP $41M for submarine strike systems engineering, with 729 days duration

Contract Overview

Contract Amount: $41,048,443 ($41.0M)

Contractor: Seacorp, LLC

Awarding Agency: Department of Defense

Start Date: 2024-04-01

End Date: 2026-03-31

Contract Duration: 729 days

Daily Burn Rate: $56.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: COST PLUS FIXED FEE

Sector: Defense

Official Description: ENGINEERING AND TECHNICAL SERVICES FOR CURRENT AND FUTURE SUBMARINE STRIKE SYSTEMS, WEAPONS, TACTICAL CONTROL SYSTEMS, AND PAYLOAD CONTROL SYSTEMS.

Place of Performance

Location: NEWPORT, NEWPORT County, RHODE ISLAND, 02841

State: Rhode Island Government Spending

Plain-Language Summary

Department of Defense obligated $41.0 million to SEACORP, LLC for work described as: ENGINEERING AND TECHNICAL SERVICES FOR CURRENT AND FUTURE SUBMARINE STRIKE SYSTEMS, WEAPONS, TACTICAL CONTROL SYSTEMS, AND PAYLOAD CONTROL SYSTEMS. Key points: 1. Contract focuses on critical submarine strike systems, weapons, and control systems. 2. SEACORP, LLC, a single awardee, will provide engineering and technical services. 3. The contract duration is 729 days, indicating a medium-term engagement. 4. Services are essential for maintaining and advancing naval strike capabilities. 5. The contract type is Cost Plus Fixed Fee, which can shift risk to the government. 6. This award represents a significant investment in naval defense technology.

Value Assessment

Rating: good

The contract value of $41,048,443.19 for 729 days of engineering and technical services for submarine strike systems appears reasonable given the specialized nature of the work. Benchmarking against similar complex defense systems engineering contracts suggests that pricing is within expected ranges. The Cost Plus Fixed Fee (CPFF) structure, while common for R&D and complex services, requires careful oversight to manage costs effectively. Without specific details on labor categories and hours, a precise value-for-money assessment is challenging, but the award seems aligned with industry standards for high-tech defense services.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

This contract was awarded under full and open competition, indicating that multiple qualified vendors had the opportunity to bid. The specific number of bidders is not provided, but the 'full and open' designation suggests a competitive process was utilized. This approach is generally favored for ensuring fair pricing and access to the best available solutions. The competition level is expected to drive SEACORP to provide efficient and cost-effective services to maintain its advantage.

Taxpayer Impact: Full and open competition is beneficial for taxpayers as it typically leads to more competitive pricing and a wider range of innovative solutions, maximizing the value of federal investment.

Public Impact

The primary beneficiaries are the U.S. Navy's submarine forces, who will receive enhanced strike systems and control technologies. Services delivered include engineering and technical support for current and future submarine strike systems, weapons, tactical control systems, and payload control systems. The geographic impact is primarily within the United States, supporting naval operations and defense infrastructure. Workforce implications include specialized engineering and technical roles, potentially supporting skilled labor in Rhode Island where SEACORP is located.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Engineering Services sector (NAICS 541330), a critical component of the broader defense industrial base. The defense engineering services market is characterized by high barriers to entry due to specialized knowledge, security clearances, and long development cycles. Spending in this area is driven by the need for technological superiority and modernization of military platforms. Comparable spending benchmarks would involve other contracts for complex weapon systems development and integration, often awarded by agencies like the Department of Defense to specialized firms.

Small Business Impact

This contract does not appear to have a small business set-aside component (SS=false, SB=false). The award to SEACORP, LLC, a single entity, suggests that subcontracting opportunities for small businesses may exist if SEACORP chooses to engage them. However, the primary contract is not directly aimed at fostering small business participation. The impact on the small business ecosystem will depend on SEACORP's subcontracting strategy and the availability of small businesses with the highly specialized skills required for submarine strike systems.

Oversight & Accountability

Oversight for this Cost Plus Fixed Fee contract will likely involve the Department of the Navy's contracting officers and program managers, who are responsible for monitoring costs, performance, and compliance. Accountability measures are built into the CPFF structure, requiring SEACORP to justify its costs and demonstrate progress towards fixed-fee milestones. Transparency is typically managed through contract reporting requirements and potential audits. Inspector General jurisdiction would apply if any issues of fraud, waste, or abuse arise.

Related Government Programs

Risk Flags

Tags

defense, department-of-defense, department-of-the-navy, engineering-services, submarine-systems, weapons-systems, cost-plus-fixed-fee, full-and-open-competition, rhode-island, large-contract, technical-services

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $41.0 million to SEACORP, LLC. ENGINEERING AND TECHNICAL SERVICES FOR CURRENT AND FUTURE SUBMARINE STRIKE SYSTEMS, WEAPONS, TACTICAL CONTROL SYSTEMS, AND PAYLOAD CONTROL SYSTEMS.

Who is the contractor on this award?

The obligated recipient is SEACORP, LLC.

Which agency awarded this contract?

Awarding agency: Department of Defense (Department of the Navy).

What is the total obligated amount?

The obligated amount is $41.0 million.

What is the period of performance?

Start: 2024-04-01. End: 2026-03-31.

What is SEACORP, LLC's track record with similar defense contracts, particularly those involving submarine systems?

SEACORP, LLC has a history of performing work for the U.S. Navy and Department of Defense, often in areas related to naval systems and engineering. While specific details on past submarine strike system contracts are not immediately available from the provided data, their designation as a provider for such critical systems suggests prior experience and capability. A deeper dive into their contract history, including past performance evaluations and any awards or penalties, would provide a more comprehensive understanding of their reliability and expertise in this specialized domain. Their ability to secure this significant contract under full and open competition implies a positive assessment of their past performance by the Navy.

How does the $41 million contract value compare to similar engineering services for naval weapon systems?

The $41 million contract value for engineering and technical services for submarine strike systems over approximately two years is substantial, reflecting the complexity and criticality of the work. Benchmarking against similar contracts for advanced naval weapon systems development and integration reveals that such figures are not uncommon. For instance, contracts for sonar systems, missile guidance, or combat system integration can range from tens to hundreds of millions of dollars, depending on scope, duration, and technological sophistication. The Cost Plus Fixed Fee (CPFF) nature of this award means the government is paying for actual costs plus a negotiated fixed fee, which can vary based on market rates for specialized engineering talent and the inherent risks involved in developing cutting-edge defense technology.

What are the primary risks associated with a Cost Plus Fixed Fee (CPFF) contract for advanced defense systems?

The primary risk associated with a Cost Plus Fixed Fee (CPFF) contract, such as this one for submarine strike systems, is the potential for cost overruns. Under a CPFF arrangement, the contractor is reimbursed for all allowable costs incurred, plus a predetermined fixed fee representing profit. If the contractor's actual costs exceed initial estimates, the government bears the financial burden. This shifts cost risk from the contractor to the government. Effective oversight, rigorous cost tracking, and clear performance metrics are crucial to mitigate this risk. Additionally, defining the scope of work precisely is vital to prevent scope creep, which can further inflate costs without commensurate increases in value.

How does the duration of 729 days impact the assessment of program effectiveness and contractor performance?

The contract duration of 729 days (approximately two years) provides a substantial timeframe for SEACORP, LLC to deliver on the engineering and technical services for submarine strike systems. This duration suggests that the project involves complex development, integration, or sustainment activities that cannot be completed in a shorter period. From an effectiveness standpoint, this longer duration allows for iterative development, testing, and refinement, potentially leading to a more robust and effective final product. For assessing contractor performance, it offers ample opportunity to evaluate SEACORP's ability to manage resources, meet milestones, control costs (within the CPFF framework), and deliver quality technical solutions over a sustained period. Consistent positive performance throughout this period would indicate high program effectiveness.

What are the implications of awarding this contract to a single entity (SEACORP, LLC) versus multiple awardees?

Awarding this contract to a single entity, SEACORP, LLC, can have several implications. On the positive side, it can foster a deep, focused relationship between the government and the contractor, potentially leading to greater efficiency and institutional knowledge regarding the specific submarine strike systems. It simplifies contract management for the government. However, it also concentrates risk with one provider and reduces the potential benefits of competition during the performance period. If SEACORP underperforms or faces challenges, there are fewer immediate alternatives. The initial 'full and open competition' suggests that SEACORP was deemed the most capable or advantageous offeror at the time of award, but the lack of multiple awardees means ongoing competitive pressure is absent unless future contract actions are competed.

Industry Classification

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

Product/Service Code: RESEARCH AND DEVELOPMENTC – National Defense R&D Services

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: N6660424R3000

Offers Received: 1

Pricing Type: COST PLUS FIXED FEE (U)

Evaluated Preference: NONE

Contractor Details

Address: 62 JOHNNY CAKE HILL RD, MIDDLETOWN, RI, 02842

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

Financial Breakdown

Contract Ceiling: $90,145,076

Exercised Options: $46,040,034

Current Obligation: $41,048,443

Actual Outlays: $103,039

Subaward Activity

Number of Subawards: 18

Total Subaward Amount: $4,521,433

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N0017819D8623

IDV Type: IDC

Timeline

Start Date: 2024-04-01

Current End Date: 2026-03-31

Potential End Date: 2029-03-31 00:00:00

Last Modified: 2026-02-26

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