Mega Contracts Monitor ($100M+) — February 17, 2026

Booz Allen, L3Harris, and Workwear secure $347M obligated with 70-90% outlayed on long-term O&M, engineering, and uniforms contracts ending 2026.

Four Points' $114M AWS Connect order at SSA shows 73% outlay but firm-fixed risks over potential 6-year extension to 2030.

Firm-fixed-price structures across all contracts expose contractors to cost overruns on long horizons (2-11 years).

2026 performance end dates cluster risks funding cuts or non-extensions amid federal budget pressures.

$206M in unexercised options across contracts offer upside to $668M total value.

Federal IT modernization (financial systems, cloud CCaaS, OASIS engineering) drives sustained demand.

Three of four contracts fund core systems maintenance and cloud services through 2026+.

Uniforms and countermeasures contracts highlight steady non-discretionary spend.

{"entity"=>"Booz Allen Hamilton", "reason"=>"Largest obligation ($124M) with 90% outlayed and $5M options remaining.", "trigger"=>"Full outlay or DOL budget signals"}

{"entity"=>"L3Harris Technologies", "reason"=>"Lowest outlay ratio (46%) on highest potential ($189M) with 2026-06 end.", "trigger"=>"FAA funding delays or options pull"}

{"entity"=>"Four Points Technology", "reason"=>"SDVOSB status and 2030 extension potential amid high early spend.", "trigger"=>"SSA BPA renewals"}