HQ085623D0002 - EXO-ATMOSPHERIC KILL VEHICLE (EKV) SUSTAINMENT CON...
Federal Contract Award Search » IDC Award
This IDC contract for Aerospace & Defense > Equipment Related Services, Aerospace & Defense > Research and Development was awarded in FY2023 on Jun 1, 2023 to Raytheon (RTX) by Missile Defense Agency (MDA). There have been $32.2M in obligations to date with a ceiling value of $621.4M, showing a 5% 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 May 30, 2033.
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.
- Contract Number
- HQ085623D0002
- Contractor
- RAYTHEON COMPANY
- Obligations to Date
- $32.2M
- Ceiling Value
- $621.4M
- Award Date
- 06/01/2023
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Defense»Missile Defense Agency (MDA)
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| HQ085623F0005 | RAYTHEON COMPANY | $31.8M | 06/02/2023 |
