DoD Awards Vertex Aerospace $134.6M for Aircraft Maintenance and Logistics Support

Contract Overview

Contract Amount: $134,647,417 ($134.6M)

Contractor: Vertex Aerospace LLC

Awarding Agency: Department of Defense

Start Date: 2017-09-26

End Date: 2019-07-31

Contract Duration: 673 days

Daily Burn Rate: $200.1K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: IGF::CT::IGF T-45 U.S.N. AIRCRAFT MAINTENANCE AND LOGISTICS SUPPORT (CLS)

Place of Performance

Location: MADISON, MADISON County, MISSISSIPPI, 39110

State: Mississippi Government Spending

Plain-Language Summary

Department of Defense obligated $134.6 million to VERTEX AEROSPACE LLC for work described as: IGF::CT::IGF T-45 U.S.N. AIRCRAFT MAINTENANCE AND LOGISTICS SUPPORT (CLS) Key points: 1. The contract value of $134.6 million is significant for aircraft maintenance and logistics. 2. Vertex Aerospace LLC is the sole awardee, raising questions about competition. 3. The contract falls under 'Other Support Activities for Air Transportation' within the Defense sector. 4. Risk assessment is needed to understand potential cost overruns or performance issues given the contract type and duration.

Value Assessment

Rating: fair

The contract value of $134.6 million for a 673-day period suggests a substantial per-day cost. Benchmarking against similar aircraft maintenance contracts is necessary to assess pricing reasonableness.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, which typically promotes competitive pricing. However, as a delivery order, the specific pricing mechanisms and their effectiveness in achieving value for money require further scrutiny.

Taxpayer Impact: Taxpayer funds are being utilized for essential defense logistics. Ensuring competitive pricing and efficient service delivery is crucial for maximizing the value of this investment.

Public Impact

Ensures continued operational readiness for U.S. Navy aircraft. Supports critical logistics and maintenance functions for national security. Impacts the aerospace and defense industry supply chain. Contributes to the economic activity in Mississippi where the contractor is located.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the aerospace and defense sector, specifically focusing on aircraft maintenance and logistics. Spending benchmarks in this area are highly dependent on aircraft type, age, and operational tempo.

Small Business Impact

The data does not indicate any specific set-asides for small businesses. Further analysis would be needed to determine if small businesses were involved as subcontractors.

Oversight & Accountability

Oversight is likely managed by the Defense Contract Management Agency (DCMA). Accountability will hinge on performance metrics, adherence to contract terms, and timely delivery of services.

Related Government Programs

Risk Flags

Tags

other-support-activities-for-air-transpo, department-of-defense, ms, delivery-order, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $134.6 million to VERTEX AEROSPACE LLC. IGF::CT::IGF T-45 U.S.N. AIRCRAFT MAINTENANCE AND LOGISTICS SUPPORT (CLS)

Who is the contractor on this award?

The obligated recipient is VERTEX AEROSPACE LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $134.6 million.

What is the period of performance?

Start: 2017-09-26. End: 2019-07-31.

What is the specific breakdown of services included in the aircraft maintenance and logistics support, and how does this align with industry standards for similar contracts?

The contract encompasses 'Other Support Activities for Air Transportation,' which broadly covers maintenance and logistics. A detailed breakdown of specific services, such as depot-level maintenance, component repair, supply chain management, and technical support, is crucial. Comparing these services against industry benchmarks for similar aircraft types and operational requirements will help determine if the scope is comprehensive and cost-effective.

Given the firm fixed-price structure, what mechanisms are in place to manage potential cost overruns or scope creep if unforeseen issues arise during the contract period?

Firm Fixed Price (FFP) contracts aim to transfer risk to the contractor. However, mechanisms like change order processes, clear definitions of work, and robust oversight are vital. The contract's specific clauses regarding modifications, equitable adjustments, and dispute resolution will dictate how unforeseen issues are managed without significantly impacting the government's budget or the contractor's profitability.

How effectively did the full and open competition process ensure the best value for the government, considering the specific needs and duration of this contract?

While 'full and open competition' suggests a broad solicitation, the effectiveness in achieving best value depends on the evaluation criteria used and the number/quality of bids received. Assessing the competitive landscape, the government's evaluation process, and the final pricing relative to technical merit is key. Understanding if the chosen contractor truly offered the optimal balance of cost and performance is essential for validating the competition's success.

Industry Classification

NAICS: Transportation and WarehousingSupport Activities for Air TransportationOther Support Activities for Air Transportation

Product/Service Code: MAINT, REPAIR, REBUILD EQUIPMENTMAINT, REPAIR, REBUILD OF EQUIPMENT

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: N0001912R0001

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Vertex Aerospace Services Corp.

Address: 555 INDUSTRIAL DR S, MADISON, MS, 39110

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

Financial Breakdown

Contract Ceiling: $134,647,417

Exercised Options: $134,647,417

Current Obligation: $134,647,417

Actual Outlays: $1,030,671

Subaward Activity

Number of Subawards: 198

Total Subaward Amount: $53,747,721

Contract Characteristics

Consolidated Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: N0001914D0011

IDV Type: IDC

Timeline

Start Date: 2017-09-26

Current End Date: 2019-07-31

Potential End Date: 2019-07-31 00:00:00

Last Modified: 2023-09-12

More Contracts from Vertex Aerospace LLC

View all Vertex Aerospace LLC federal contracts →

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending