DHS Homeland Security Contracts — October 10, 2026

The $36,634,684 time-and-materials order (base-plus-options $38,281,553) has $24,899,910 outlayed (about 68%) with an end date of March 31, 2027. The recipient is privately held, so the award does not map to a public equity.

The firm fixed-price order under NAICS 561612 has $17,320,654 obligated against a $36,984,200 base-plus-options value, with $13,864,133 outlayed and a performance period through September 30, 2028. Parent FCS Global Security Solutions, LLC's public status is not established in the data.

LMI Consulting's roughly $11.7 million of unoutlayed obligated funds must be spent before the March 31, 2027 end date, and the data does not confirm whether options will be exercised or the period extended to April 6, 2027.

First Coast Security Solutions' fixed-price order carries margin risk because labor-based guard services under a fixed price can compress earnings if costs rise, and only about 47% of the $36,984,200 ceiling is currently obligated.

Both awards are concentrated in a single civilian agency (DHS) and in private, non-public recipients, so the stream offers no diversified public-equity exposure and limits the investable read-through.

Follow-on or recompete activity for LMI's Office of National Laboratories program management requirement as the current period nears its March 31, 2027 end date could support continued professional services demand at DHS.

First Coast Security Solutions' $36,984,200 base-plus-options ceiling leaves roughly $19.7 million of unobligated value that could expand the award if options are exercised through September 30, 2028.

The two awards total $53,955,338 and show sustained civilian demand for program management (NAICS 541330) and protective security officer services (NAICS 561612) at DHS, with performance periods running into 2027 and 2028. The data does not include budget trend information, so the durability of this demand cannot be confirmed.

{"entity" => "LMI Consulting, LLC", "reason" => "Holds a $36,634,684 DHS time-and-materials order with about $11.7 million of obligated funds still to outlay before March 31, 2027, creating a near-term recompete and follow-on pipeline question.", "trigger" => "Recompete or follow-on solicitation for the Office of National Laboratories program management requirement; option decision near March 31, 2027"}

{"entity" => "First Coast Security Solutions, Inc. / FCS Global Security Solutions, LLC", "reason" => "Holds a $17,320,654 firm fixed-price FPS award with $19.7 million of unobligated ceiling and a 2028 end date, with margin risk under fixed pricing and unconfirmed public status.", "trigger" => "Option exercise or funding modification on the Rockville, MD delivery order; any disclosure establishing public parent ownership"}

{"entity" => "Physical security and professional services sector (DHS exposure)", "reason" => "Both awards are civilian DHS spending with neutral signals and no defense component, so sector direction depends on DHS budget trends the data does not provide.", "trigger" => "DHS appropriations and continuing resolution outcomes affecting FPS and Office of National Laboratories funding"}