Federal IT & Cybersecurity Contracts — January 05, 2026

SAIC and Deloitte secured recompetes for USPTO and USDA IT support, extending visibility to 2028 with $110M combined obligations and 64% avg. outlays where advanced.

GD, Deloitte, and SENTURE average 78% outlays on $162M obligations, providing near-term cash flow stability through 2026.

SAIC faces extreme $66M subawards (113% of obligation); aggregate $89.6M subawards across deals average 41% of obligations.

Firm fixed-price terms across all contracts risk margin compression if costs overrun, amplified by long tenors to 2028.

SAIC's $66M subawards exceed obligation by 13%, plus $0 outlays signal early-stage dependency risks.

Remaining $9M un-outlayed in SENTURE raises deobligation potential amid 2027 tenor.

$36M unexercised options (16% of total value) across all contracts, plus extensions to 2028.

Follow-on potential post-2026 in DOL EFAST2 and USPTO PAC IT support amid full/open competition wins.

100% of contracts target civilian IT (DOL, Commerce, USDA, CFPB) under NAICS 54151x, with $221M obligations signaling steady-state spending.

Aggregate $89.6M subawards (41% of obligations) highlight tiered execution, extreme in SAIC.

{"entity"=>"SAIC", "reason"=>"High subawards and zero outlays on $58M deal create execution overhang despite recompete win.", "trigger"=>"First $10M outlay or subaward delays"}

{"entity"=>"SENTURE LLC", "reason"=>"Neutral signal and sole non-541512 NAICS amid 84% outlays but $9M unspent.", "trigger"=>"Deobligation >$2M or FY2026 extension"}

{"entity"=>"General Dynamics IT", "reason"=>"79% outlays on DOL deal with $2.7M options position for follow-ons.", "trigger"=>"2026 EFAST2 recompete award"}