This IDC contract for Intelligence, Aerospace & Defense > Weapons & Ammunition, Business Admin Services, Facility Related Materials, Automotive Parts & Products > Sustainment S&E, Electrical & Electronics Equipment > Electronic & Communication Equipment, Communications Equipment, Weapons > Weapons & Ammunition, Aerospace & Defense > Equipment Related Services, Detection & Coherent Radiation Equipment > Electronic & Communication Services, Aerospace & Defense > Electronic & Communication Equipment, IT Hardware, High Caliber Weapons, Aerospace & Defense > Sustainment S&E, Program Management, Training Aids & Devices, Test & Measurement Supplies, Detection & Coherent Radiation Equipment > Electronic & Communication Equipment, Industrial Products & Machinery > Industrial Products & Services, Fire Control > Weapon Systems, Construction Related Equipment > Industrial Products & Services, Hardware & Tools, Transportation > Transportation Related Equipment, IT Security Hardware, Facility Related Equipment > Facility Equipment, Electrical & Electronics Equipment > Electronic & Communication Services, Facility Related Equipment > Equipment Related Services, Science/Engineering > Professional Services was awarded in FY2015 on Sep 28, 2015 to Raytheon (RTX) by Communications-Electronics Command (CECOM). There have been $3.9B in obligations to date with a ceiling value of $6B, showing a 66% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 10 year duration with ultimate completion date of Sep 25, 2025.
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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Task Order No. | Contractor | Obligations | Effective Date |
---|---|---|---|
0001 | RAYTHEON COMPANY | $70k | 09/28/2015 |
0002 | RAYTHEON COMPANY | $8.1M | 09/29/2015 |
0003 | RAYTHEON COMPANY | $177.4k | 11/03/2015 |
0004 | RAYTHEON COMPANY | $6.2M | 08/10/2016 |
0005 | RAYTHEON COMPANY | $573.8k | 08/10/2016 |
0007 | RAYTHEON COMPANY | $5.6M | 09/16/2016 |
0006 | RAYTHEON COMPANY | $748.9k | 09/16/2016 |
0008 | RAYTHEON COMPANY | $1.4M | 09/21/2016 |
0009 | RAYTHEON COMPANY | $30M | 09/23/2016 |
0010 | RAYTHEON COMPANY | $287.8k | 09/23/2016 |
ZP04 | RAYTHEON COMPANY | $2.7M | 09/23/2016 |
ZP03 | RAYTHEON COMPANY | $164.5k | 09/28/2016 |
ZP01 | RAYTHEON COMPANY | $863.6k | 09/30/2016 |
ZP08 | RAYTHEON COMPANY | $65.4k | 09/30/2016 |
ZP06 | RAYTHEON COMPANY | $297.6k | 09/30/2016 |
ZP02 | RAYTHEON COMPANY | $1.6M | 10/20/2016 |
ZP07 | RAYTHEON COMPANY | $303.3k | 10/26/2016 |
ZP05 | RAYTHEON COMPANY | $158.2k | 10/27/2016 |
ZP10 | RAYTHEON COMPANY | $441.7k | 11/29/2016 |
0011 | RAYTHEON COMPANY | $22.6k | 12/02/2016 |