Contract Deobligations Alert — February 06, 2026

Deloitte (2x), Accenture, Leidos, REI Systems, and others land HHS/FDA/GSA/TSA contracts totaling >$400M obligated (up to $700M with options) for systems integration, modernization, and support through 2031.

Lockheed Martin (Sikorsky) and General Dynamics gain $139M in Coast Guard aircraft and CMS IT contracts through 2027, matching base+options for full funding commitment.

Intuitive Machines (small biz) secures $88M CLPS lunar payload (76% outlayed rapidly); Caltech/JPL adds $86M Mars Odyssey extension to 2028.

KREW Heavy Civil and NW Construction win $202M combined for WY/CA dam projects through 2028, with low outlays signaling early-stage execution.

Firm-fixed-price dominant (20/22 contracts) exposes contractors to cost overruns on $1.7B+ amid inflation/labor risks over 3-10 year periods.

Zero outlays on $330M+ (e.g., Ameresco ESPC, Minburn SaaS, REI QA) signal potential funding delays or deobligation risks.

Foreign-owned Koenig & Bauer (KBA.DE) secures $174M BEP machinery deals, vulnerable to Buy American scrutiny.

$1B+ in unexercised options (e.g., Accenture $89M, Deloitte $245M, Minburn $145M) across IT/health contracts to 2032.

HHS/CMS/FDA IT modernization surge ($430M+ obligated) favors systems integrators for claims/UFMS/CBER sustainment.

Energy savings (Ameresco $56M options) and construction completions ($120M remaining on Whiting-Turner, BL Harbert) through 2027.

12/22 contracts ($900M+) in NAICS 541512/541519 for HHS/GSA/TSA/IRS systems, with 70%+ outlays on average signaling execution strength.

$400M+ in civil/building construction (DOI/GSA/DOJ) for dams/courthouses through 2028, firm-fixed despite overruns risk.

NASA $174M for lunar/Mars missions (4-year to 10-year terms), rapid outlays on LUNR highlight commercial momentum.

{"entity"=>"Deloitte Consulting LLP", "reason"=>"Two $175M HHS IT wins (UFMS/CBER) with $333M ceiling signal entrenchment.", "trigger"=>"Option exercises >$200M or follow-on awards"}

{"entity"=>"Ameresco (AMRC)", "reason"=>"$95M VA ESPC with $151M ceiling but $0 outlay flags funding risk/upside.", "trigger"=>"Outlays commence or options pulled"}

{"entity"=>"Intuitive Machines (LUNR)", "reason"=>"$88M NASA CLPS (76% outlayed rapidly) as small biz outlier in large batch.", "trigger"=>"Mission success or $33M options exercised"}

{"entity"=>"Koenig & Bauer (KBA.DE)", "reason"=>"$174M BEP repeat wins amid foreign ownership scrutiny.", "trigger"=>"Regulatory probes or option extensions to 2032"}