NASA's Space Shuttle External Tank Project: $195.7M Contract Awarded to Lockheed Martin

Contract Overview

Contract Amount: $195,657,993 ($195.7M)

Contractor: Lockheed Martin Corp

Awarding Agency: National Aeronautics and Space Administration

Start Date: 2003-10-27

End Date: 2009-06-30

Contract Duration: 2,073 days

Daily Burn Rate: $94.4K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: COST NO FEE

Sector: Defense

Official Description: SPACE SHUTTLE EXTERNAL TANK PROJECT UNDER THIS CONSOLIDATION, REPLACES NNM04AA06C

Place of Performance

Location: NEW ORLEANS, ORLEANS County, LOUISIANA, 70129

State: Louisiana Government Spending

Plain-Language Summary

National Aeronautics and Space Administration obligated $195.7 million to LOCKHEED MARTIN CORP for work described as: SPACE SHUTTLE EXTERNAL TANK PROJECT UNDER THIS CONSOLIDATION, REPLACES NNM04AA06C Key points: 1. The contract, valued at $195.7 million, is for the Space Shuttle External Tank Project. 2. Lockheed Martin Corporation is the sole awardee, indicating a lack of competition. 3. The contract duration is 2073 days, ending in June 2009. 4. The NAICS code 561210 suggests Facilities Support Services.

Value Assessment

Rating: questionable

The contract type is 'COST NO FEE', which offers limited incentive for cost control. Without a competitive bidding process, it's difficult to assess if the $195.7 million price represents fair value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

The contract was not competed, meaning there was no open bidding process. This significantly limits price discovery and potentially leads to higher costs for taxpayers.

Taxpayer Impact: The lack of competition for this significant contract raises concerns about whether taxpayer funds were used efficiently.

Public Impact

Significant taxpayer investment in a critical space program component. Potential for cost overruns due to sole-source award. Impact on the aerospace industry's competitive landscape. Long-term implications for NASA's operational capabilities.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the aerospace and defense sector, specifically related to space exploration infrastructure. Spending benchmarks in this sector are highly variable due to the specialized nature of projects and significant R&D costs.

Small Business Impact

There is no indication that small businesses were involved in this contract, as it was awarded directly to Lockheed Martin Corporation.

Oversight & Accountability

The sole-source nature of this award warrants scrutiny regarding the justification for not seeking competitive bids. Oversight would focus on ensuring the necessity and cost-effectiveness of the contract.

Related Government Programs

Risk Flags

Tags

facilities-support-services, national-aeronautics-and-space-administr, la, dca, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

National Aeronautics and Space Administration awarded $195.7 million to LOCKHEED MARTIN CORP. SPACE SHUTTLE EXTERNAL TANK PROJECT UNDER THIS CONSOLIDATION, REPLACES NNM04AA06C

Who is the contractor on this award?

The obligated recipient is LOCKHEED MARTIN CORP.

Which agency awarded this contract?

Awarding agency: National Aeronautics and Space Administration (National Aeronautics and Space Administration).

What is the total obligated amount?

The obligated amount is $195.7 million.

What is the period of performance?

Start: 2003-10-27. End: 2009-06-30.

What was the justification for awarding this contract on a sole-source basis?

The provided data does not specify the justification for the sole-source award. Typically, sole-source contracts are justified when only one responsible source can provide the required supplies or services, or in cases of urgent and compelling need. Further investigation would be required to understand the specific rationale behind this decision.

What are the potential risks associated with a sole-source, cost-plus-no-fee contract for a project of this magnitude?

Sole-source contracts eliminate competitive pressure, potentially leading to inflated prices and reduced innovation. A cost-plus-no-fee structure means the contractor is reimbursed for all allowable costs plus a fixed fee, but without an incentive fee tied to performance or cost savings, there's less motivation to control expenses, increasing the risk of cost overruns for the government.

How does this contract contribute to the overall effectiveness and value of the Space Shuttle program?

The external tank is a critical component of the Space Shuttle, essential for launch. While the contract ensures the supply of this vital part, the lack of competition and the cost-plus-no-fee structure raise questions about the overall value and cost-effectiveness achieved for the taxpayer, despite its contribution to program functionality.

Industry Classification

NAICS: Administrative and Support and Waste Management and Remediation ServicesFacilities Support ServicesFacilities Support Services

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

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: COST NO FEE (S)

Evaluated Preference: NONE

Contractor Details

Address: 13800 OLD GENTILLY ROAD, NEW ORLEANS, LA, 02

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

Financial Breakdown

Contract Ceiling: $204,871,610

Exercised Options: $204,871,610

Current Obligation: $195,657,993

Timeline

Start Date: 2003-10-27

Current End Date: 2009-06-30

Potential End Date: 2009-06-30 00:00:00

Last Modified: 2013-03-27

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