DoD awards $171.8M for Aircraft Engine Parts to General Electric, raising concerns about competition

Contract Overview

Contract Amount: $171,876,374 ($171.9M)

Contractor: General Electric Company

Awarding Agency: Department of Defense

Start Date: 2024-09-05

End Date: 2026-09-30

Contract Duration: 755 days

Daily Burn Rate: $227.7K/day

Competition Type: NOT COMPETED

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: PACER PHANTOM

Place of Performance

Location: WINFIELD, COWLEY County, KANSAS, 67156

State: Kansas Government Spending

Plain-Language Summary

Department of Defense obligated $171.9 million to GENERAL ELECTRIC COMPANY for work described as: PACER PHANTOM Key points: 1. Significant contract value of $171.8 million. 2. Sole awardee is General Electric Company, limiting competition. 3. Potential risk due to lack of competitive bidding. 4. Sector is Aircraft Engine and Engine Parts Manufacturing.

Value Assessment

Rating: questionable

The contract value of $171.8 million for aircraft engine parts appears high without competitive benchmarking. Further analysis is needed to determine if this price is reasonable compared to similar contracts or market rates.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was awarded on a sole-source basis, meaning there was no open competition. This significantly limits price discovery and may lead to higher costs for taxpayers.

Taxpayer Impact: The lack of competition in this sole-source award could result in taxpayers paying a premium for essential aircraft engine parts.

Public Impact

Taxpayers may be overpaying due to the absence of competitive bidding. Reliance on a single supplier could impact future pricing and availability. The Department of Defense's procurement strategy warrants scrutiny for potential cost savings.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Aircraft Engine and Engine Parts Manufacturing sector, a critical component of the defense industrial base. Spending in this area is often substantial, making competitive sourcing crucial for cost efficiency.

Small Business Impact

The contract data indicates no specific set-aside for small businesses, and the awardee is a large corporation. This suggests limited direct opportunities for small businesses within this specific contract.

Oversight & Accountability

The sole-source nature of this award necessitates robust oversight to ensure fair pricing and prevent potential abuses. Accountability for the procurement decision and cost justification is paramount.

Related Government Programs

Risk Flags

Tags

aircraft-engine-and-engine-parts-manufac, department-of-defense, ks, delivery-order, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $171.9 million to GENERAL ELECTRIC COMPANY. PACER PHANTOM

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 Logistics Agency).

What is the total obligated amount?

The obligated amount is $171.9 million.

What is the period of performance?

Start: 2024-09-05. End: 2026-09-30.

What is the justification for awarding this contract on a sole-source basis, and what steps were taken to ensure the price is fair and reasonable?

The justification for a sole-source award typically involves unique capabilities, proprietary technology, or urgent needs where only one source can fulfill the requirement. Agencies must conduct thorough market research and price analyses to ensure the negotiated price is fair and reasonable, often comparing it to historical data or independent cost estimates. Without this information, the lack of competition raises significant cost concerns.

What are the long-term risks associated with relying on General Electric as the sole provider for these critical aircraft engine parts?

The long-term risks include potential price escalation due to lack of competition, reduced innovation from the supplier, and supply chain vulnerabilities if GE faces production issues. The DoD might also become overly dependent, limiting its flexibility in future procurement decisions and potentially impacting readiness if parts become scarce or prohibitively expensive.

How does this sole-source award align with the Department of Defense's stated goals for promoting competition and achieving cost savings in its acquisitions?

Sole-source awards inherently contradict the goal of promoting competition. While exceptions exist for valid reasons, a $171.8 million contract awarded without competition raises questions about whether all avenues for competitive sourcing were explored. Agencies are expected to maximize competition to achieve cost savings, and this award appears to deviate from that principle.

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

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1 NEUMANN WAY, CINCINNATI, OH, 45215

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

Financial Breakdown

Contract Ceiling: $171,876,374

Exercised Options: $171,876,374

Current Obligation: $171,876,374

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: SPE4AX24D9418

IDV Type: IDC

Timeline

Start Date: 2024-09-05

Current End Date: 2026-09-30

Potential End Date: 2026-09-30 00:00:00

Last Modified: 2025-11-03

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