This GWAC contract for IT Outsourcing was awarded in FY2018 on Nov 17, 2017 to Raytheon (RTX) by IT Services. There have been no obligations to date with a ceiling value of $50B, showing a ~0% burn rate so far on the contract. The contract was not competed under any preference program with 170 offers received. We expect a 3 year duration with ultimate completion date of Nov 16, 2020.
Raytheon (RTX) is a contractor located in CT, doing primarily Aerospace & Defense > Weapons & Ammunition work for Navy. The company receives $27.7B annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.
Government-wide Acquisition Contracts (GWAC) are awarded and managed by a limited number of Federal offices. The Federal Government granted the General Services Administration (GSA), National Institutes of Health (NIH), and NASA the authority to compete, award, and manage GWACs. Essentially awarded as Indefintive Delivery-Indefinite Quantity contract vehicles, GWACs are available to all Government agencies at a low fee to use, making them an attractive option to acquire IT products and services.
Imagine a world where every report, every insight is tailored specifically to you. Our entire platform is configured around your past performance so that everything is relevant.
We start with the largest federal opportunity database, including forecasts and re-competes, and add layer a suite of pipeline management tools.
Our market-centric platform adds context to every pursuit. Every opportunity, every report, tailored specifically to you.
Find gaps in the market, identify key competitors and teaming partners, evaluate performance, and analyze pathways to new business.
Federal Compass is software designed for today’s federal market.
Explore how the right intel and process can help lead your team to greater success.
Enjoy instant access to the Federal Compass platform