SPE7MX15D0070 - TRANSFORMER,CURRENT

This IDC contract for Facility Related Materials, IT Networking Hardware > Hardware, Construction Related Materials > Facilities & Construction, Package Delivery & Packaging > Transportation and Logistics Services, IT Hardware, Detection & Coherent Radiation Equipment > Electronic & Communication Equipment, Communications Equipment, Aerospace & Defense > Industrial Products & Services, Hardware & Tools, Marketing & Distribution, Automotive Parts & Products > Sustainment S&E, IT Security Hardware, Industrial Products & Machinery > Industrial Products & Services, Transportation > Transportation Related Equipment, Aerospace & Defense > Electronic & Communication Equipment, Ammunition & Explosives > Industrial Products & Services, Weapons > Weapons & Ammunition, Construction Related Equipment > Facilities & Construction, Electrical & Electronics Equipment > Electronic & Communication Equipment, High Caliber Weapons, Fire Control > Weapon Systems, Transportation Equipment, Weapons > Industrial Products & Services, Aerospace & Defense > Weapons & Ammunition, Consumer Products > Sustainment S&E, Marine Products & Materials > Industrial Products & Services, Consumer Products > Electronic & Communication Equipment, Facility Related Equipment > Facility Equipment, Printed/Published Media, Petro-Chemical Industries > Industrial Products & Services, Test & Measurement Supplies, Aerospace & Defense > Sustainment S&E was awarded in FY2015 on Mar 25, 2015 to Raytheon (RTX) by DLA Land Supplier Operations. There have been $55.5M in obligations to date with a ceiling value of $80M, showing a 69% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received. We expect a 8 year duration with ultimate completion date of Nov 6, 2023.

Raytheon (RTX) is a contractor located in VA, 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.

The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.

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Buying Agency/Office

Defense»Defense Logistics Agency (DLA)»DLA Land and Maritime»DLA Land»DLA Land Supplier Operations

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