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All DOE Contracts — September 30, 2026

All DOE Contracts

By Gunpowder Editorial ·

1 total filings analysed

Executive Summary

The sole contract in this digest is a $291.3 million cost-plus-award-fee award from the Department of Energy (DOE) to KEYLOGIC, LLC, a small business, for mission execution and strategic analysis support at the National Energy Technology Laboratory. This is a civilian agency contract with no defense-related content, reflecting the DOE's continued investment in energy technology and engineering services.

The highest-conviction signal is the substantial revenue visibility for KEYLOGIC, with $142.2 million already outlayed, indicating strong execution and cash flow. However, the cost-plus pricing structure caps profit potential, and the contract's small business set-aside status provides a protected but potentially less competitive market position. Key risks include the contract's expiration in March 2023 and the need for follow-on awards or recompetes to sustain revenue, especially given the lack of defense-related diversification in this digest.

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Tracking the trend? Catch up on the prior All DOE Contracts digest from September 08, 2026.

Investment Signals (1)

  • KEYLOGIC, LLC Secures $291.3M DOE Contract with Strong Revenue Visibility (HIGH)
    ▲

    KEYLOGIC, LLC was awarded a $291.3 million cost-plus-award-fee contract by the DOE's National Energy Technology Laboratory, with $142.2 million already outlayed, indicating robust revenue flow and ongoing performance. The contract, running through March 2023, provides multi-year revenue stability for this small business, though the cost-plus structure limits upside profit potential.

Risk Flags (2)

  • Concentration [HIGH RISK]
    ▼

    KEYLOGIC, LLC's revenue is heavily concentrated in this single DOE contract, which represents the entirety of the digest's value. With the contract set to expire in March 2023, there is a risk of revenue cliff if follow-on contracts are not secured.

  • Budget [MEDIUM RISK]
    ▼

    The contract is a cost-plus-award-fee type, which means the DOE bears cost overruns, but the contractor's profit is dependent on performance-based fee earnings. Budget constraints at the DOE could impact option exercise or future funding, affecting revenue predictability.

Opportunities (2)

  • ◆

    The contract is a total small business set-aside, providing KEYLOGIC, LLC with a protected market position. This could be leveraged for future DOE contracts, especially as the agency continues to invest in energy technology and strategic analysis services.

  • ◆

    The DOE's continued investment in engineering and technical support services, as evidenced by this contract, suggests growth potential in the civilian energy sector. Companies providing similar services could benefit from increased DOE spending.

Sector Themes (1)

  • ◆

    The contract underscores the DOE's commitment to mission execution and strategic analysis support for energy technology development, as evidenced by the $291.3 million award to KEYLOGIC, LLC. The focus on engineering services (NAICS 541330) highlights the importance of technical support in advancing energy initiatives.

Watch List (2)

  • 👁

    {"entity" => "KEYLOGIC, LLC", "reason" => "The company's revenue is heavily dependent on this DOE contract, which expires in March 2023. Any announcements regarding follow-on awards or recompetes will be critical for revenue sustainability.", "trigger" => "Contract expiration in March 2023, re-compete announcements, or option exercise decisions"}

  • 👁

    {"entity" => "Department of Energy", "reason" => "DOE budget decisions and program priorities will impact the likelihood of contract extensions or new awards in the energy technology sector.", "trigger" => "DOE budget releases, NDAA provisions, or program announcements related to energy technology"}

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