Executive Summary
This Contract Deobligations Alert digest synthesizes one civilian NASA contract totaling $181,839,613 in obligations to The Leland Stanford Junior University, with a 0/1 defense-related split indicating pure civilian exposure. The dominant agency and sector theme is NASA's long-term commitment to space science/applications R&D via the Solar Dynamics Observatory Project Heliospheric and Magnetic Imager (HMI) investigation. The highest-conviction signal is neutral (4/10 strength), reflecting low outlays of $25,928,889 against the $181,839,613 obligation on a 25-year definitive cost-no-fee contract awarded in 2002. A key risk is stalled outlay progress amid the deobligation alert context, with annual revenue estimated at ~$7.3 million but uncertain due to uneven spending. Investors in civilian space R&D should watch performance toward the 2027-09-30 end date for potential funding continuity or cuts.
Tracking the trend? Catch up on the prior Contract Deobligations Alert digest from April 03, 2026.
Investment Signals(2)
- The Leland Stanford Junior University shows low outlay progress on $181.8M NASA HMI contract(MEDIUM)▲
Only $25,928,889 has been outlayed to date out of $181,839,613 obligated on the 25-year cost-no-fee contract for Solar Dynamics Observatory HMI investigation, signaling potential revenue recognition delays in the deobligations alert period.
- NASA's 25-year commitment provides funding stability for Stanford's $181.8M space R&D contract(LOW)▲
The definitive cost-no-fee contract under full and open competition runs to 2027-09-30 with base + all options value of $186,336,824, supporting ongoing design, development, and post-launch operations.
Risk Flags(2)
- Budget[MEDIUM RISK]▼
Deobligations alert on The Leland Stanford Junior University's $181,839,613 NASA contract from Goddard Space Flight Center, with just $25,928,889 outlayed over 25 years, indicates potential funding pullback or absorption delays.
- Execution[LOW RISK]▼
Long 25-year performance period (2002-10-15 to 2027-09-30) on Stanford's HMI instrument contract exposes to uneven outlays and potential mission delays in space science R&D.
Opportunities(1)
- ◆
NASA's sustained obligation of $181,839,613 to The Leland Stanford Junior University for HMI investigation underscores long-term space R&D funding stability under full and open competition.
Sector Themes(1)
- ◆
The $181,839,613 cost-no-fee contract to The Leland Stanford Junior University for Solar Dynamics Observatory HMI, with low but steady $25,928,889 outlays over 25 years, highlights NASA's commitment to heliophysics research (PSC AR22, NAICS 541710).
Watch List(2)
- 👁
{"entity"=>"The Leland Stanford Junior University", "reason"=>"Low $25,928,889 outlays on $181,839,613 NASA obligation amid deobligations alert; ~$7.3M annual revenue estimate uncertain", "trigger"=>"outlay progress updates, 2027-09-30 end date performance, cost-no-fee structure changes"}
- 👁
{"entity"=>"NASA space science/applications R&D sector", "reason"=>"Single large long-term civilian contract signals potential for similar R&D durability but deobligation vulnerability", "trigger"=>"Goddard Space Flight Center budget cycles or HMI mission updates"}
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