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Contract Deobligations Alert — April 09, 2026

Contract Deobligations Alert

12 total filings analysed

Executive Summary

Across 12 contract deobligations alerts totaling $1,755,742,802 in obligations, only 1/12 is defense-related (CACI's GSA network defense award), with the remainder skewed toward civilian agencies including GSA, VA, NASA, DHS, Treasury, Commerce, and State. Dominant themes center on IT systems design, network support, cloud migration, and professional services in civilian sectors, underscoring stable multi-year revenue for tech and consulting firms. Highest-conviction bullish signal is CACI International Inc's $708M GSA delivery order for federal enterprise network defense, with low-risk cost-plus structure despite negative outlays. Key risk is widespread $0 outlays on recent awards like Brasfield & Gorrie LLC's $95M DHS construction and Integral Federal Inc's $61M State printing equipment contracts, signaling potential execution delays amid deobligations. Watch subaward execution exceeding primes (e.g., Salient CRGT Inc's $269M subawards vs. $205M obligation) for margin pressure.

Tracking the trend? Catch up on the prior Contract Deobligations Alert digest from April 08, 2026.

Investment Signals(6)

  • CACI International Inc Secures $708M GSA Network Defense Order(HIGH)

    CACI, INC. - FEDERAL's $708,253,079 cost-plus award fee delivery order for federal enterprise network defense (NAICS 541512) under full competition provides low-risk ~$141M annual revenue through 2024-04-30, despite negative $-453,104 outlays indicating adjustments.

  • Deloitte Consulting LLP Wins $121M GSA Cloud Migration Deal(MEDIUM)

    Deloitte's $121,868,141 time-and-materials order for Ginnie Mae cloud migration and cybersecurity (PSC D310) offers potential upside to $205M base+options through 2030-09-13 via full competition.

  • Brasfield & Gorrie LLC Lands $95M DHS Coast Guard Construction(MEDIUM)

    Brasfield & Gorrie LLC's $95,538,222 firm fixed price design-build for USCG Base Charleston utilities and clinic starts 2026-04-20 under full competition, projecting ~$29M annual revenue to 2029-07-10.

  • Deloitte Consulting LLP Bags $80M Treasury Intelligence Consulting(HIGH)

    Deloitte's $80,346,773 firm fixed price BPA call for Treasury FFIAS intelligence analysis (PSC B538) has $62.6M outlayed since 2022, with ceiling to $101M through potential 2027-09-20.

  • Integral Federal Inc Awarded $61M State Passport Printer Contract(MEDIUM)

    Integral Federal Inc's $61,037,138 firm fixed price order for next-gen passport printers (NAICS 333244) under full competition projects ~$25M annual revenue through 2026-06-17.

  • CACI and Deloitte Face Negative Outlays on Multi-Hundred Million Awards(HIGH)

    CACI's $708M GSA order shows $-453,104 outlay, and Deloitte's $121M GSA cloud deal has $-10,047 outlay, signaling potential deobligations or spending halts amid the alert stream.

Risk Flags(3)

  • Execution[HIGH RISK]

    $0 outlays on Brasfield & Gorrie LLC's $95M DHS, Integral Federal Inc's $61M State, Satsyil Corp's $62M Commerce, and AT&T Mobility LLC's $54M State contracts indicate delayed starts or deobligation risks post-award.

  • Budget[MEDIUM RISK]

    Salient CRGT Inc's VA $205M order has $269M subawards exceeding obligation, with only $101M outlayed, pressuring prime margins; CACI's negative outlay flags deobligation exposure.

  • Competition[MEDIUM RISK]

    Firm fixed price structures on Salient CRGT Inc $205M VA, Brasfield $95M DHS, Deloitte Treasury $80M, and Integral $61M State heighten performance risk in full/open competition wins.

Opportunities(3)

  • CACI's $708M GSA network defense order options to $1.03B and Deloitte GSA $121M cloud migration to $205M offer extension potential beyond 2024-04-30 and 2030-09-13.

  • Halvik LLC's NASA $133M procurement support options to $149M and Global Science & Technology LLC's NOAA $54M R&D to $59M provide multi-year civilian revenue ramps.

  • Halvik LLC (8(a)) $133M NASA and Global Science & Technology LLC (small disadvantaged) $54M NOAA highlight policy-driven small business wins in civilian R&D/procurement.

Sector Themes(2)

  • GSA awards to CACI $708M network defense (NAICS 541512) and Deloitte $121M cloud migration (PSC D310), plus VA Salient $205M infrastructure and Commerce SATSYIL $62M programming, signal sustained federal IT spending.

  • Brasfield & Gorrie LLC $95M Coast Guard construction (NAICS 236220) and Integral Federal Inc $61M passport printers (NAICS 333244) alongside AT&T $54M wireless underscore civilian agency capex.

Watch List(4)

  • 👁

    {"entity"=>"CACI International Inc", "reason"=>"Negative $-453,104 outlay on $708M GSA obligation amid deobligations alert", "trigger"=>"outlay progress vs. $708M; 2024-04-30 end/extensions"}

  • 👁

    {"entity"=>"Deloitte Consulting LLP", "reason"=>"Dual awards totaling $202M (GSA $121M negative outlay, Treasury $80M $62M outlayed) with options to $306M", "trigger"=>"option exercises; 2026-09-13/2027-09-20 ends"}

  • 👁

    {"entity"=>"SALIENT CRGT, INC.", "reason"=>"$269M subawards exceed $205M VA obligation with $101M outlayed", "trigger"=>"subaward impact on prime revenue; 2026-06-21 options"}

  • 👁

    {"entity"=>"Brasfield & Gorrie LLC", "reason"=>"$0 outlay on $95M DHS firm fixed price construction starting 2026-04-20", "trigger"=>"initial outlays; 2029-07-10 milestones"}

Get daily alerts with 6 investment signals, 3 risk alerts, 3 opportunities and full AI analysis of all 12 filings

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