General Federal Contracts — September 10, 2026

Rapiscan Systems secured an $88.1M firm-fixed-price delivery order from DHS/CBP for low-energy inspection systems, with $81M already outlaid, indicating strong execution and near-term cash flow. The contract extends to 2033, providing long-term revenue visibility.

General Dynamics One Source LLC secured a $72.8M firm-fixed-price delivery order from DHS/CBP for consolidated towers and surveillance equipment, with potential total value of $115M including options. The full-and-open competition win signals competitive strength in border security.

MAXIMUS FEDERAL SERVICES, INC. won a $170.97M potential value delivery order from TSA for OPTIMA support services, with an $81.82M base obligation. The full-and-open competition win reinforces MAXIMUS's position in federal IT services.

SparkSoft Corporation, a minority-owned small business, received a $41.35M firm-fixed-price delivery order from CMS for IT quality control/testing services, with a potential total of $46.08M. The full-and-open competition win indicates strong pricing and competitive positioning.

The majority of contracts are neutral due to fixed-price structures, small business set-asides, or long performance periods, limiting profit visibility. Key examples include MAVERIS LLC's $217.8M VA cybersecurity contract and PARAGON TECHNICAL SERVICES' $52.96M DOL contract, both firm-fixed-price with medium risk.

The largest contract ($1.01B) from HHS to ADVANCED TECHNOLOGY INTERNATIONAL has no revenue estimate, pricing type, or competition signal, creating a significant blind spot in the digest. This contract alone represents 36% of total obligation value.

MAVERIS LLC's $217.8M firm-fixed-price VA cybersecurity contract carries medium execution risk due to evolving cyber threats and fixed-price structure, with $76.5M in subawards (35% of total) adding subcontractor dependency.

Multiple contracts (e.g., LEO A. DALY LLC $93.9M VA contract, MANAGEMENT & TRAINING CORPORATION $66.8M DOL contract) have performance periods ending in 2022-2027 without confirmed extensions, creating budget continuity risk if not renewed.

HHS accounts for 7 of 23 contracts totaling $1.38B (49% of total value), creating agency concentration risk. Any HHS budget cuts or procurement policy changes would disproportionately impact this digest.

Several contracts (WESTERN DOOR FEDERAL $54.7M, JHU/APL $49.2M, Caltech $47.7M) were awarded non-competitively or via sole-source set-asides, indicating limited market validation and potential vulnerability to future competitive recompetes.

OSI Systems and General Dynamics both won DHS border security contracts (total $160.9M), signaling sustained investment in surveillance and inspection technology. Follow-on contracts or option exercises could provide additional revenue.

MAXIMUS and SparkSoft both won CMS/TSA IT services contracts (total $123.2M), indicating continued federal IT modernization spending. These contracts provide multi-year revenue visibility through 2027-2030.

MAVERIS LLC ($217.8M) and PARAGON TECHNICAL SERVICES ($52.96M) won set-aside contracts for SDVOSB and small businesses, demonstrating policy-aligned revenue streams. These companies may benefit from continued set-aside program support.

Multiple contracts from HHS (CMS), DHS (TSA/CBP), and VA for IT services, cybersecurity, and data center support total over $800M, indicating sustained civilian agency investment in digital transformation and cybersecurity.

Two DHS/CBP contracts to OSI Systems ($88.1M) and General Dynamics ($72.8M) for inspection systems and surveillance equipment total $160.9M, signaling robust investment in border security technology.

Contracts to Leidos Biomedical Research ($79.9M), BIOQUAL ($65.5M), Fisher Bioservices ($62.98M), JHU/APL ($49.2M), and Draper Laboratory ($45.9M) total over $300M for NIH/NIAID/BARDA research, indicating stable funding for vaccine development and biodefense.

{"entity" => "OSI Systems Inc.", "reason" => "Won $88.1M DHS/CBP inspection systems contract with potential extension to 2033. Strong execution with $81M already outlaid.", "trigger" => "Option exercise announcements in 2026-2027"}

{"entity" => "General Dynamics Corp.", "reason" => "Won $72.8M DHS/CBP surveillance contract with potential $115M total value. Competitive win strengthens border security position.", "trigger" => "Option exercise announcements in 2027-2028"}

{"entity" => "MAXIMUS Inc.", "reason" => "Won $81.8M TSA IT services contract with potential $170.97M total value. Full-and-open competition win signals competitive strength.", "trigger" => "Option exercise announcements in 2027-2030"}

{"entity" => "MAVERIS LLC", "reason" => "Won $217.8M VA cybersecurity contract with $113.3M in unexercised options. Execution risk from fixed-price structure and subaward dependency.", "trigger" => "Option exercise announcements and VA cybersecurity budget trends"}

{"entity" => "Leidos Holdings, Inc.", "reason" => "Leidos Biomedical Research won $79.9M NIH/NCI contract. Modest revenue contribution but signals continued NIH research funding.", "trigger" => "NIH budget allocations and follow-on contract awards in 2026"}