Executive Summary
A single $64.4M BPA call obligation to Iron Vine Security LLC from the Department of State dominates this period's new federal contracting activity, signaling concentrated demand for IT security compliance services (NAICS 541519). With $24.7M outlayed against $64.4M obligated and $85.5M potential (base + options), it offers multi-year revenue through 2026-2027 for this small business. Investors gain visibility into govcon IT stability but must weigh T&M execution risks and unexercised $21M options.
Tracking the trend? Catch up on the prior New Federal Contractors digest from January 01, 2026.
Investment Signals(1)
- Large DoS IT Security BPA Obligation(HIGH)▲
$64.4M awarded to Iron Vine Security LLC with $85.5M ceiling supports ongoing federal IT compliance spending.
Risk Flags(2)
- Execution[MEDIUM RISK]▼
Time & materials structure and long period (to 2026-09-29, pot. 2027-09-30) expose revenue to funding shifts, task variability, and approved hours.
- Market[MEDIUM RISK]▼
$24.7M outlayed vs. $64.4M obligated indicates potential revenue shortfall if $21M options remain unexercised.
Opportunities(3)
- ◆
$21M unexercised options to reach $85.5M total value.
- ◆
Potential extension beyond 2026-09-29 to 2027-09-30.
- ◆
Small business set-aside success positions for follow-on IT security contracts.
Sector Themes(1)
- ◆
$64.4M award to small business LLC for compliance services (PSC R497) under SAP competition.
Watch List(2)
- 👁
{"entity"=>"Iron Vine Security LLC", "reason"=>"$64.4M obligation with $24.7M outlayed and $21M options; key for small biz govcon revenue tracking.", "trigger"=>"Outlays >$40M or options exercised adding >$10M"}
- 👁
{"entity"=>"DoS ACQUISITIONS - AQM MOMENTUS", "reason"=>"Source of large IT security BPA calls to small businesses.", "trigger"=>"New task orders or awards >$20M"}
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