New Federal Contractors — September 10, 2026

OSI Systems, via Rapiscan Systems, won an $88.1M firm-fixed-price delivery order from DHS/CBP for non-intrusive inspection systems. With $81M already outlaid, this signals strong near-term cash flow and a durable competitive position against Leidos and Smiths Detection.

General Dynamics One Source LLC secured a $72.8M firm-fixed-price delivery order from DHS/CBP for consolidated towers and surveillance equipment, with a potential value of $115M. This reinforces GD's competitive moat in border security technology.

MAXIMUS Federal Services secured an $81.8M firm-fixed-price delivery order from TSA for OPTIMA IT support services through 2030. The full-and-open competition win signals competitive strength in a mission-critical DHS program.

The largest contract in the digest ($1.01B) is awarded to ADVANCED TECHNOLOGY INTERNATIONAL with no available data on revenue, pricing risk, or competitive moat. This opacity introduces significant uncertainty for investors seeking to track the beneficiary.

MAVERIS LLC's $217.8M firm-fixed-price delivery order for VA cybersecurity operations center support, awarded under a Service-Disabled Veteran-Owned Small Business set-aside, indicates robust and policy-aligned spending in federal cybersecurity.

The digest is heavily concentrated in HHS, which accounts for $1.41B (50% of total value) across 8 contracts. A single award to ADVANCED TECHNOLOGY INTERNATIONAL ($1.01B) represents 36% of the total, creating significant single-contract dependency risk.

Multiple contracts (ADVANCED TECHNOLOGY INTERNATIONAL, MAVERIS LLC, LEO A. DALY LLC) were awarded on September 28, 2023, or late in the fiscal year. These are particularly vulnerable to Continuing Resolution uncertainty if Congress fails to pass full-year appropriations.

MAVERIS LLC's $217.8M firm-fixed-price cybersecurity contract carries medium pricing risk. With 25 subawards totaling $76.5M (35% of value), subcontractor performance issues could impact margins and delivery timelines.

Accenture Federal Services' $370M DHS data center support contract ends June 2023 (past date). The re-compete outcome is unknown, creating uncertainty for Accenture's DHS revenue stream and potential market share loss to competitors like GDIT or Leidos.

OSI Systems' $88.1M DHS border security win and General Dynamics' $72.8M surveillance award both indicate sustained investment in physical security infrastructure. Investors should monitor DHS budget requests for border technology in FY2027-2029.

MAXIMUS's $81.8M TSA IT contract and MAVERIS's $217.8M VA cybersecurity award demonstrate robust civilian agency IT spending. The VA's set-aside preference for Service-Disabled Veteran-Owned Small Businesses creates a niche opportunity for companies like MAVERIS to scale.

The Johns Hopkins University Applied Physics Laboratory's $49.2M non-competed BARDA contract and Western Door Federal's $54.7M sole-source 8(a) award highlight opportunities in non-competitive, relationship-driven contracting. Investors should track agencies with high sole-source utilization (HHS, DOI).

Of the 23 contracts, 21 are civilian agency awards totaling $2.79B (98.6% of total value). HHS leads with $1.41B, followed by DHS ($612.9M) and VA ($370.3M). This signals a shift away from defense-centric federal spending in this digest.

Eight contracts (35% of total) were awarded under small business set-asides, including Service-Disabled Veteran-Owned (MAVERIS, UTILITY SYSTEMS SOLUTIONS), 8(a) (WESTERN DOOR FEDERAL), and total small business (PARAGON TECHNICAL SERVICES). Total value of set-aside awards is $429.7M.

DHS/CBP awarded two large contracts for surveillance and inspection systems: OSI Systems ($88.1M) and General Dynamics ($72.8M), totaling $160.9M. Both are firm-fixed-price with high outlay rates, indicating strong execution and priority funding.

{"entity" => "OSI Systems, Inc.", "reason" => "Won $88.1M DHS/CBP contract with $81M already outlaid; high execution visibility and potential for option exercises through 2033.", "trigger" => "DHS/CBP option exercise announcement for contract extension beyond 2026"}

{"entity" => "MAVERIS LLC", "reason" => "Awarded $217.8M VA cybersecurity contract; $113.3M in unexercised options represent significant upside if exercised.", "trigger" => "VA option exercise decision for $113.3M in remaining options (expected by September 2027)"}

{"entity" => "Accenture Federal Services LLC", "reason" => "$370M DHS data center contract ended June 2023; re-compete outcome is unknown and could result in market share loss.", "trigger" => "DHS/CBP re-compete award announcement or GAO protest filing"}

{"entity" => "ADVANCED TECHNOLOGY INTERNATIONAL", "reason" => "Recipient of $1.01B HHS contract with no public data; any disclosure of parent company or revenue impact would be material.", "trigger" => "SEC filing, press release, or contract modification disclosing parent entity"}