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Government Business and Federal Contracts flowing

Posted by Mike Anderson on Fri, Jun 14, 2013 @ 11:00 AM

The other day I talked about how there could be a lot of funding released in the next 3 months.  I think there is some evidence already of this activity beginning. For instance, in the last week the US Army announced they have issued a 5 year multiple award contract totaling up to $7B.  There were 8 companies chosen and now each of these companies can compete for task orders under the multiple award agreement.  Granted, this is not yet a release of funds (until one of the 8 wins the first task order) but it shows that things are starting to happen.  Here is a sample of other announced major awards from the last several weeks:

  •  Northrop Grumman was awarded a $115M contract for radar systems for the F-16
  • A joint venture of Boeing and Bell Helicopter (Textron subsidiary) was awarded a 5 year $6.5B contract for 99 of the V-22 Osprey aircraft
  •  Lockheed Martin has won a $400M contract over 5 years to provide IT and emergency operations support to the CDC
  • SAIC has won a $202.5M IDIQ contract from NASA to supply services to the Johnson Space Center in Houston
  • Wyle has won a $4.6M contract to analyze lifecycle of military aircraft from the Air Force
  • DHS has awarded 4 companies IDIQ contracts for aerial remote sensing services.  These contracts are 5 year FFP contracts but contractors must award 45% of subcontracts to WOSB, HUBZone and SDVOSBC categories
  • Boeing has won a $4B contract over 5 years for up to 215 CH-47F Chinook helicopters
  • Harris Corp has won a $37M contract over 4 years to design & implement a new data warehouse for the Veterans Benefits Administration
  • Boeing, General Dynamics & Wyle Laboratories have won a $200M combined contract to supply aircraft support to Kuwait
  • Lockheed Martin received a $34M FMS contract from the Air Force to support additional integration for the JASSM missile into the Finnish Air Force F-18C/D Aircraft
  • DLT Solutions won a potential 5 year $227M blanket Purchase Agreement from the Navy for Oracle software product licenses
  • Kratos Defense & Security Solutions won a $3M contract to provide product and equipment for modular data center & communications
  • A Lockheed & Northrop Grumman joint venture won a $39M contract from the Army for Radar systems with potential to grow the contract
  • Sikorsky Aircraft won a $435M contract to build heavy lift helicopters for the US Marine Corp
  • ITT Exelis won a potential $125M contract for countermeasures for the US Navy
  • DRS Technologies won a potential $92M order from the Air Force to build vehicles to transport ICBM's
  • Boeing, Honeywell, Rockwell Collins and Saab Sensis have won contracts from NASA worth potentially $38M combined over 5 years for R&D for Next Generation Air Transportation Systems
  • Raytheon Missile Systems received an $80.5M contract for 200 JSOW missiles
  • Raytheon received a $14.6M contract for modification to the Joint Precision Approach and Landing System
  • QuinetiQ NA has won a $150M potential blanket purchase agreement to develop software for the GSA's Public Buildings Service
  • CRGT has won a potential 4 year, $4M contract to provide IT services to the US Army for managing chemical weapons
  • Tetra Tech Electronic Commerce won a potential $100M contract to provide environmental remediation servcies to the Naval Facilities Engineering Command Atlantic's area

There are other examples but I think you get the idea, things are starting to happen.  It is worth noting that a lot of these are either IDIQ type contracts or what they call Multiple Award contracts.  This type of contracting vehicle is becoming more popular on certain types of government purchases.  This allows the government to have a lot of control over what it buys, especially in times of fluctuating budgets.  We may see more of the IDIQ type contracts in the future as well.

Topics: Government Contract, Federal Contract, Government Contracts