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Federal IT & Cybersecurity Contracts — September 10, 2026

Federal IT & Cybersecurity Contracts

By Gunpowder Editorial ·

8 total filings analysed

Executive Summary

This digest covers $914.4 million in federal IT and cybersecurity contracts awarded between 2017 and 2025, with only 1 of 8 contracts defense-related (DHS/CBP), signaling a civilian-heavy stream. The dominant agency theme is Department of Health and Human Services (HHS/CMS), accounting for $141.6 million across three awards to INDEX ANALYTICS, CIVICACTIONS, and SPARKSOFT.

The highest-conviction signal is MAXIMUS Federal Services’ $170.97 million TSA OPTIMA support contract, which reinforces its position in mission-critical DHS IT services. A key risk is the $370 million Accenture Federal Services DHS data center contract, where only $64 million has been outlayed and 55% is subawarded, raising execution and margin dilution concerns. Overall, the stream is neutral with 3 bullish signals, 0 bearish, and 5 neutral, reflecting stable civilian agency IT spending but limited defense exposure and modest profit upside due to fixed-price and cost-plus structures.

Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →

Tracking the trend? Catch up on the prior Federal IT & Cybersecurity Contracts digest from September 02, 2026.

Investment Signals (4)

  • MAXIMUS Federal Services wins $170.97M TSA OPTIMA support contract through 2030 (HIGH)
    ▲

    MAXIMUS secured a $170.97M firm-fixed-price delivery order from TSA/DHS for mission-essential IT systems support, with $81.82M base obligation and performance through 2030. Full-and-open competition win against large rivals strengthens its DHS market position.

  • INSERSO Corporation wins $48.3M DOJ IT infrastructure contract with $72.1M potential (HIGH)
    ▲

    INSERSO, a minority-owned small disadvantaged business, won a $48.3M labor-hours delivery order from DOJ for IT infrastructure management, with options potentially expanding to $72.1M through 2027. The set-aside and small business status provide competitive advantages for follow-on awards.

  • SparkSoft Corporation secures $41.35M CMS IT quality control contract through 2024 (HIGH)
    ▲

    SparkSoft, a minority-owned small business, won a $41.35M firm-fixed-price delivery order from CMS for IT quality control/testing services, with potential value of $46.08M. Full-and-open competition win signals strong technical capabilities in a critical federal IT function.

  • Accenture Federal Services $370M DHS data center contract shows only $64M outlayed, 55% subawarded (MEDIUM)
    ▲

    The $370M cost-plus-award-fee contract from DHS/CBP has only $64M outlayed over 6 years, implying delayed spending or partial execution. With $205M in subawards (55% of total), margin dilution and execution risk are elevated, and foreign ownership adds regulatory uncertainty.

Risk Flags (4)

  • Execution [HIGH RISK]
    ▼

    Accenture Federal Services' $370M DHS data center contract has only $64M outlayed (17% of total) and $205M in subawards, indicating potential execution delays and margin pressure. The cost-plus structure limits upside, and foreign ownership may face policy headwinds.

  • Budget [MEDIUM RISK]
    ▼

    MAVERIS LLC's $217.8M VA cybersecurity contract has $113.3M in unexercised options (34% of total potential $331.2M). If VA budget priorities shift or CR constraints persist, option exercise may be delayed or reduced.

  • Concentration [MEDIUM RISK]
    ▼

    Three of eight contracts (37.5% of total value) are with HHS/CMS, creating agency-specific concentration risk. Budget cuts or policy changes at CMS could disproportionately impact this stream.

  • Competition [MEDIUM RISK]
    ▼

    WESTERN DOOR FEDERAL's $54.7M Interior contract is a sole-source 8(a) set-aside, making it vulnerable to recompete loss if 8(a) program rules change or competition is introduced. The firm's small size limits diversification.

Opportunities (3)

  • ◆

    MAXIMUS Federal Services' $170.97M TSA OPTIMA contract positions it for follow-on DHS IT work, given the mission-critical nature and long performance period through 2030. Option exercises could add $89.15M in additional revenue.

  • ◆

    INSERSO Corporation's $48.3M DOJ contract and MAVERIS LLC's $217.8M VA contract demonstrate strong federal demand for small business and SDVOSB set-aside awards. These firms have competitive advantages in future set-aside competitions.

  • ◆

    CIVICACTIONS, INC.'s $41.5M CMS web experience contract has options worth $31.9M through 2029. If CMS consolidates web vendors, CIVICACTIONS could see scope expansion.

Sector Themes (2)

  • ◆

    Five of eight contracts (62.5% of total value) are for IT services at civilian agencies (DHS, VA, HHS, DOJ, Interior), with $141.6M concentrated at CMS alone. This reflects sustained investment in IT infrastructure, cybersecurity, and digital services across non-defense agencies.

  • ◆

    Four of eight contracts (50%) were awarded under small business set-asides (SDVOSB, 8(a), small disadvantaged business), totaling $373.6M. This indicates strong policy-driven demand for small contractors in IT and cybersecurity services.

Watch List (4)

  • 👁

    {"entity" => "MAXIMUS INC", "reason" => "Won $170.97M TSA OPTIMA contract with $81.82M base obligation; performance through 2030 provides multi-year revenue visibility.", "trigger" => "Option exercise announcements by 2027; TSA IT budget appropriations"}

  • 👁

    {"entity" => "MAVERIS LLC", "reason" => "$217.8M VA cybersecurity contract with $113.3M in unexercised options; SDVOSB status provides competitive edge.", "trigger" => "Option exercise decisions by September 2027; VA cybersecurity budget updates"}

  • 👁

    {"entity" => "Accenture Federal Services", "reason" => "$370M DHS data center contract with only $64M outlayed and 55% subawarded; execution risk and foreign ownership concerns.", "trigger" => "Contract extension or recompete announcements post-June 2023; subaward performance data"}

  • 👁

    {"entity" => "Department of Health and Human Services (CMS)", "reason" => "Three contracts totaling $141.6M; agency concentration risk if budget priorities shift.", "trigger" => "HHS FY2027 budget request; CMS IT modernization program updates"}

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