F0960403D0007 -

This IDC contract for Weapons > Weapons & Ammunition, Legal services, Business Admin Services, Electrical & Electronics Equipment > Electronic & Communication Equipment, High Caliber Weapons, Program Management, Aerospace & Defense > Industrial Products & Services, Industrial Products & Machinery > Equipment Related Services, Education/Training > Human Capital, Facility Related Services > Facilities Maintenance, Science/Engineering > Research and Development, IT Outsourcing, Aerospace & Defense > Research and Development, Science/Engineering > Professional Services was awarded in FY2003 on Nov 1, 2002 to Raytheon (RTX) by . There have been $579.3M in obligations to date with a ceiling value of $579.3M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of Oct 14, 2003.

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.

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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