Strategic acquisition: Ontic Engineering’s sole-source contract modification surges to $46.5M
Ontic Engineering and Manufacturing Inc., Chatsworth, California, has been awarded an estimated $46,456,321 modification (P0003) against requirements contract (SPE4A5-23-D-P000) for additional aircraft items. The modification amount is the increased value of the original contract from $16,160,977 to $62,617,298. This was a sole-source acquisition using justification 10 U.S. Code 3204 (c)(1), as stated in Federal Acquisition Regulation 6.302-1. This is a subsumable contract under umbrella contract SPE4A5-22-D-0002. This is a 45-month contract with one five-year option period. The performance completion date is March 27, 2027. Using military services are Army, Navy, Air Force, and Marine Corps. Type of appropriation is fiscal 2023 through 2027 defense working capital funds. The contracting activity is the Defense Logistics Agency Aviation, Richmond, Virginia.