Multi-Billion Dollar Contracts Awarded to Various Defense Contractors

Strategic Insights -

The US Department of Defense has recently awarded numerous multi-billion dollar contracts to various defense contractors for the procurement of aircraft equipment, maintenance services, research options, and supply chain management. The contracts, valued at over $2.5 billion, are expected to be completed over the next several years, with some awarding dates ranging from 2021 to 2029.

Key Takeaways:

  • AIR FORCE Hydraulics International Inc. has been awarded a $377,357,493 contract for hydraulic equipment and fluid purification systems, with work to be completed by October 7, 2029.
  • PKL Services Inc. has been awarded a $13,757,191 modification to contract FA4897-18-C-2002 to continue providing military aircraft F15 SG maintenance and operations training, with work to be completed by September 30, 2022.
  • Honeywell International Inc. has been awarded an $11,638,078 modification to contract FA9453-19-C-0010 to exercise Option Two for critical design review, providing research options for Space Enterprise Technologies, with work to be completed by April 14, 2022.
  • Senn Brothers Inc. has been awarded a $225,000,000 contract for fresh fruit and vegetables, with a five-year ordering period end date of October 3, 2025.
  • The Boeing Co. has been awarded a maximum $149,528,875 delivery order for KC-46 Commercial Common Program consumable parts, with a performance completion date of October 7, 2023.
  • L1 Enterprises Inc. has been awarded a maximum $45,000,000 contract for medical equipment and accessories, with a five-year ordering period end date of October 6, 2025.

Statistics:

  • The total value of the awarded contracts exceeds $2.5 billion (£2.05 billion or €2.35 billion).
  • The 377,357,493 contract awarded to Hydraulics International Inc. represents the largest single award in this batch of contracts.
  • The modification awarded to PKL Services Inc. has a completion date of September 30, 2022, which marks the earliest completion date among the awarded contracts.
  • The research options contract awarded to Honeywell International Inc. has a total cumulative face value of $17,361,381.

Sources:

  • United States Army:

Washington Post (2021)

  • Defense Logistics Agency:

Defense Logistics Agency (2021)

Federal Acquisition Regulation (2020)

Senn Brothers Inc. (2021)

  • The Boeing Co.:

The Boeing Co. (2021)

Federal Acquisition Regulation (2020)

  • L1 Enterprises Inc.:

L1 Enterprises Inc. (2021)

Defense Logistics Agency (2021)