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Federal IT & Cybersecurity Contracts — February 19, 2026

Federal IT & Cybersecurity Contracts

1 total filings analysed

Executive Summary

LDRM LLC, an 8(a) JV and small disadvantaged business, captured a $541M obligated firm fixed price contract (up to $725M with options) from the Department of State for visa support facilities management, highlighting set-aside advantages in federal IT services. No funds outlayed since 2019 award signals delayed revenue, offset by $184M unexercised options and positioning for repeat awards. Single large contract underscores concentration risk in small business federal IT stream amid execution dependencies.

Tracking the trend? Catch up on the prior Federal IT & Cybersecurity Contracts digest from February 18, 2026.

Investment Signals(1)

  • Major DoS Set-Aside Win for LDRM(HIGH)

    LDRM secured $541M obligation via 8(a) small business set-aside for NAICS 541513 services, with $725M potential including options to 2026.

Risk Flags(1)

  • Execution[HIGH RISK]

    Firm fixed price exposes LDRM to losses if costs exceed fixed revenue; zero outlays since 2019 and $1M subawards create dependencies over 6+ year period.

Opportunities(2)

  • $184M unexercised options available through 2026-05-31.

  • 8(a) JV and small disadvantaged status positions for repeat DoS set-aside contracts in facilities management.

Sector Themes(1)

  • Single $541M award via small business exclusion underscores 8(a) JVs' edge in NAICS 541513 visa services.

Watch List(2)

  • 👁

    {"entity"=>"LDRM LLC", "reason"=>"$541M obligation with zero outlays and $184M options signals high execution variance.", "trigger"=>"first fund outlay or option exercise >$50M"}

  • 👁

    {"entity"=>"DoS AQM MOMENTUM Program", "reason"=>"Source of large set-aside; potential for follow-on awards.", "trigger"=>"new contract notices post-2026"}

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