DoD's $1.07B Hydra-70 Rocket System Contract Awarded to General Dynamics-OTS, Inc. in FY10

Contract Overview

Contract Amount: $1,067,712,244 ($1.1B)

Contractor: General Dynamics-Ots, Inc.

Awarding Agency: Department of Defense

Start Date: 2010-05-20

End Date: 2012-10-31

Contract Duration: 895 days

Daily Burn Rate: $1.2M/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Defense

Official Description: FY 10 REQUIREMENTS FOR FAMILY OF MUNITIONS - HYDRA-70 2.75-INCH ROCKET SYSTEM

Place of Performance

Location: HAMPTON, CALHOUN County, ARKANSAS, 71744

State: Arkansas Government Spending

Plain-Language Summary

Department of Defense obligated $1.07 billion to GENERAL DYNAMICS-OTS, INC. for work described as: FY 10 REQUIREMENTS FOR FAMILY OF MUNITIONS - HYDRA-70 2.75-INCH ROCKET SYSTEM Key points: 1. The Department of Defense awarded a significant contract for the Hydra-70 rocket system, a key munition. 2. General Dynamics-OTS, Inc. was the sole awardee, raising questions about competition. 3. The contract's duration of 895 days suggests a substantial, ongoing need for these munitions. 4. The ammunition manufacturing sector is critical for defense readiness, with this contract representing a large portion of spending in that sub-sector.

Value Assessment

Rating: fair

The contract value of over $1 billion for a family of munitions suggests a significant investment. Benchmarking against similar large-scale munition contracts would be necessary to fully assess pricing effectiveness, but the firm fixed-price structure offers some cost control.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award to General Dynamics-OTS, Inc. The lack of competition limits price discovery and potentially leads to higher costs for taxpayers.

Taxpayer Impact: The sole-source nature of this large contract may result in taxpayers paying a premium due to the absence of competitive bidding.

Public Impact

Ensures continued supply of a critical munition for military operations. Potential for higher costs due to lack of competitive bidding. Supports a major defense contractor and its manufacturing capabilities. Long-term contract may indicate strategic importance and sustained demand.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The defense sector, particularly ammunition manufacturing, is vital for national security. This contract for the Hydra-70 rocket system, a widely used munition, represents a substantial investment within this critical sub-sector.

Small Business Impact

The data indicates that small businesses were not directly involved in this specific contract award. Further analysis would be needed to determine if small businesses are involved as subcontractors.

Oversight & Accountability

The contract was awarded by the Department of Defense, with oversight likely provided by the Defense Contract Management Agency. The firm fixed-price nature provides some level of cost accountability, but the sole-source award warrants scrutiny.

Related Government Programs

Risk Flags

Tags

ammunition-except-small-arms-manufacturi, department-of-defense, ar, definitive-contract, billion-dollar

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $1.07 billion to GENERAL DYNAMICS-OTS, INC.. FY 10 REQUIREMENTS FOR FAMILY OF MUNITIONS - HYDRA-70 2.75-INCH ROCKET SYSTEM

Who is the contractor on this award?

The obligated recipient is GENERAL DYNAMICS-OTS, INC..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $1.07 billion.

What is the period of performance?

Start: 2010-05-20. End: 2012-10-31.

What is the justification for the sole-source award of this significant munition contract?

The justification for a sole-source award typically involves factors such as unique capabilities, urgent need, or lack of viable alternatives. Without specific documentation, it's difficult to ascertain the precise reasons. However, the absence of competition raises concerns about potential cost inefficiencies and missed opportunities for better pricing through a competitive process.

How does the unit cost of the Hydra-70 rocket system under this contract compare to industry benchmarks or previous contracts?

Benchmarking the unit cost is crucial for assessing value. Given this is a sole-source award, direct comparison to competitive bids is impossible. However, analyzing historical pricing for the Hydra-70 system or similar munitions from other manufacturers could reveal if the current pricing is within an acceptable range or if it appears inflated due to the lack of competition.

What is the long-term strategic impact of awarding such a large contract to a single supplier for a critical munition?

Awarding a large, sole-source contract to one supplier for a critical munition can create dependency and potentially stifle innovation within the broader defense industrial base. While ensuring supply, it may limit future sourcing options and reduce overall market competition, potentially impacting long-term cost-effectiveness and technological advancement.

Industry Classification

NAICS: ManufacturingOther Fabricated Metal Product ManufacturingAmmunition (except Small Arms) Manufacturing

Product/Service Code: AMMUNITION AND EXPLOSIVES

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: W31P4Q10R0081

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: General Dynamics Corp (UEI: 001381284)

Address: 326 IBM ROAD BUILDING 862, WILLISTON, VT, 05495

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: $1,067,712,244

Exercised Options: $1,067,712,244

Current Obligation: $1,067,712,244

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Cost or Pricing Data: YES

Timeline

Start Date: 2010-05-20

Current End Date: 2012-10-31

Potential End Date: 2012-10-31 00:00:00

Last Modified: 2021-02-18

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