Federal IT & Cybersecurity Contracts — March 11, 2026

Two non-competitive $245M awards for EHRM Waves F/G provide committed IT services funding through Apr 2026 despite zero outlays to date.

$90M obligated under ITSSS-2 with 53% ($48M) outlayed and potential to $266M via options, won via open competition.

GAMA-1's $99M BPA call (60% outlayed) for NCCF cloud expertise positions for $85M options exercise by 2027.

Zero outlays in three contracts totaling $331M (Oracle x2, IBM) despite awards since 2017 signal potential funding delays.

Firm fixed price structures in $331M Oracle/IBM awards expose margins to cost overruns.

$45M+ subawards across contracts (9-40% of values) create subcontractor dependencies.

$177M options upside in Booz Allen ($266M max) and GAMA-1 ($184M max) via task orders/extensions.

VA non-competitive EHRM wins position Oracle for follow-ons in healthcare IT amid Wave expansions.

IBM's $89M base+options (zero outlayed) offers low-risk revenue recognition if activated by 2026 end.

Oracle's $245M VA EHRM awards (48% of period total) underscore EHR modernization priority across waves.

GAMA-1 NOAA ($99M cloud) and Booz Allen FBI ($90M apps) highlight multi-agency IT infrastructure push.

{"entity"=>"Oracle Health outlays", "reason"=>"$245M zero-obligated contracts represent 47% period value with 2026 deadlines", "trigger"=>"First $10M+ outlay batch"}

{"entity"=>"Booz Allen options", "reason"=>"$177M upside to $266M max under FBI ITSSS-2 by potential 2030", "trigger"=>"Next $50M exercise"}

{"entity"=>"GAMA-1 NOAA extensions", "reason"=>"8(a) small biz with $85M options and 60% outlayed in 5-year cloud deal", "trigger"=>"2027 follow-on awards"}