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Federal IT & Cybersecurity Contracts — January 02, 2026

Federal IT & Cybersecurity Contracts

1 total filings analysed

Executive Summary

Iron Vine Security LLC secured a $64.4M obligated BPA call from Dept of State for IT security compliance, with $24.7M outlayed to date and potential to $85.5M via options. Neutral signal reflects steady revenue visibility offset by T&M pricing risks and partial outlay execution. Single contract underscores small business capture of federal cybersecurity spend amid long-duration commitments.

Tracking the trend? Catch up on the prior Federal IT & Cybersecurity Contracts digest from January 01, 2026.

Investment Signals(2)

  • $21M Unexercised Options Available(MEDIUM)

    Contract includes unexercised options lifting ceiling to $85.5M total, plus potential 1-year extension to 2027-09-30.

  • Low Outlay Execution Rate(HIGH)

    Only 38% ($24.7M of $64.4M) outlayed, signaling potential revenue shortfall if options lapse or tasks slow.

Risk Flags(1)

  • Execution[MEDIUM RISK]

    Time & materials structure ties revenue to Dept of State-approved hours; long period to 2026-09-29 (potentially 2027) vulnerable to funding cuts or task variability.

Opportunities(1)

  • Small business set-aside under NAICS 541519 positions for follow-on IT security compliance contracts post-2027.

Sector Themes(1)

  • Dept of State allocates major BPA calls ($64.4M+) to small firms like Iron Vine for compliance services under SAP competition.

Watch List(1)

  • 👁

    {"entity"=>"IRON VINE SECURITY LLC", "reason"=>"$64.4M obligation with $21M options upside amid 38% outlay execution.", "trigger"=>"outlay acceleration >50% or option exercises"}

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