Contract Deobligations Alert — October 10, 2026

Coulson Aviation ($37,445,652), AERO-FLITE ($29,432,912), AERO AIR ($28,245,578), and PRECISION ($18,280,005) all hold Forest Service airtanker or Type II exclusive-use delivery orders running into 2026-2028. Option exercises and outlay progress will determine whether this concentrated spending materializes.

AERO-FLITE's $29,432,912 obligation sits against a $50,691,343 base-plus-options value, and it is rated high pricing risk under firm-fixed-price terms for airtanker operations where fleet availability drives margins. Realization of the remaining value is not confirmed in the data.

AERO AIR's $28,245,578 obligation is against a $46,245,046 base-plus-options value, leaving roughly $18.0M dependent on option exercise, with outlays at about 73% of obligation as of the data date.

Dynamic Educational Systems ($37,402,342, DOL) and Jones Lang LaSalle Americas ($26,604,394, GSA) are the largest non-aviation awards, but the data identifies no public parent for Dynamic Educational Systems and JLL's $0 outlayed status leaves revenue impact unconfirmed.

First Coast Security Solutions (parent FCS Global Security Solutions, LLC) holds a firm-fixed-price FPS protective security officer delivery order with 47% of ceiling obligated and four years of performance visibility, though public ownership is not established in the data.

Airborne Systems North America (a TransDigm subsidiary) holds a $17,142,577 cost-plus-fixed-fee award for the Dragonfly Titan lander parachute decelerator, with 81% outlayed, but TransDigm's consolidated materiality cannot be determined from the data.

California Institute of Technology ($23,169,745, JPL), University System of New Hampshire ($18,509,068), and University of Alaska Fairbanks ($16,694,599) are nonprofit or public educational recipients on cost-type terms, offering no direct listed-equity read.

Several awards show $0 or low outlay relative to obligation, including JLL ($0 outlayed on a $26.6M obligation) and White Stone Spectrum ($0 outlayed on $18.1M), raising execution-timing questions.

Aviation firefighting awards are firm-fixed-price with exposure to fleet availability and utilization swings tied to wildfire season severity.

Four airtanker and Type II delivery orders concentrate roughly 31% of stream value in a single USDA sub-agency and a single service niche.

Several large awards were sole-source or not competed, including KGSNE JV II ($18.0M, EPA) and California Institute of Technology ($23.2M, NASA), limiting competitive price discipline.

Facilities and protective-services demand at GSA and DHS FPS, including Jones Lang LaSalle's Philadelphia BPA ceiling of $60.4M and First Coast Security's $36.98M ceiling, provides room for option-driven expansion.

Veteran-owned and small business set-asides, including White Stone Spectrum's $18.1M VA ER staffing award and MATOS-GRUNLEY's $23.4M GSA design-build set-aside, signal protected demand pools.

Forest Service aviation options and extensions across four awards could add meaningful value if exercised toward 2028-12-31 end dates.

Four Forest Service delivery orders totaling roughly $113.4M in obligations point to sustained federal demand for airtanker and Type II exclusive-use capacity. Stated ceilings exceed current obligations materially, so option exercises will determine realized spend.

Facilities management and protective-security awards at GSA, DHS, and VA reflect steady recurring civilian demand for labor-based services, with ceilings up to $60.4M on multi-year BPA and delivery order vehicles.

NASA awards in this stream route through nonprofit academic institutions and one TransDigm subsidiary, with cost-type structures that limit margin upside but reduce cost-overrun risk.

{"entity" => "TransDigm Group Incorporated", "reason" => "Subsidiary Airborne Systems holds a $17,142,577 NASA Dragonfly parachute award, the only listed-parent link in the stream, with 81% outlayed.", "trigger" => "Option exercise for the $1,467,605 gap between obligation and base-plus-options; end date 2027-04-30"}

{"entity" => "Forest Service aviation contractors (Coulson, AERO-FLITE, AERO AIR, PRECISION)", "reason" => "Four awards totaling roughly $113.4M depend on option exercise and fire-season utilization, with AERO-FLITE rated high pricing risk.", "trigger" => "Option exercises and modifications ahead of 2026-12-31 end dates; FY2027 Forest Service appropriations"}

{"entity" => "Jones Lang LaSalle Americas, Inc.", "reason" => "$26.6M obligation against a $60.4M ceiling with $0 outlayed, so realized revenue impact is unconfirmed.", "trigger" => "Option Year 3 exercise and first outlay activity on the Philadelphia BPA call"}