N0002423G4303 - SUPPLIES/SERVICES, COST REIMBURSEMENT

This BOA contract for Support Ships & Small Craft > Maintenance Support Services, Electrical & Electronics Equipment > Electronic & Communication Equipment, Aerospace & Defense > Aircraft, Ships/Submarines & Land Vehicles was awarded in FY2023 on Nov 21, 2022 to General Dynamics Corporation by Naval Sea Systems Command (NAVSEA). There have been $12.5M in obligations to date with a ceiling value of $12.5M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 5 year duration with ultimate completion date of Nov 19, 2027.

General Dynamics Corporation is a contractor located in VA, doing primarily Aerospace & Defense > Aircraft, Ships/Submarines & Land Vehicles work for Navy. The company receives $25.9B 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.

Basic Ordering Agreements (BOA) create an understanding between the Federal Government and a contractor for future purchases. When requirements, quantities, and prices are unknown, the Federal Government lacks the necessary information to compete and award a contract. The BOA establishes a method for the Federal Government to expedite a future contract award by laying the required contractual framework.

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Buying Agency/Office

Navy»Naval Sea Systems Command (NAVSEA)

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