Significant Contract Modifications ($10M+) — April 15, 2026

XATOR LLC awarded $2,309,491,422 obligation from Department of State, representing ~69% of the batch total and highest materiality (8/10). Provides substantial revenue visibility for the contractor in an otherwise diverse civilian mix.

UNWIN CO, a small business, awarded $213,772,540 definitive contract (base + options $216,126,649) by DOE Headquarters for security studies, with $178,630,900 outlayed through 2026-04-13. Signals dedicated funding and strong execution (materiality 8/10).

SOFTRAMS LLC, HUBZone small business, received $88,157,680 firm-fixed-price delivery order (ceiling $195,527,844) from HHS CMS for Quality Payment Program IT, with $56,978,236 outlayed to 2029 potential. Major revenue for healthcare IT (materiality 8/10).

CLOUDSHAPE LLC, small disadvantaged business, awarded $64,166,604 firm-fixed-price delivery order (ceiling $150,402,349) by USAID for data center support, $32,892,397 outlayed through 2032-12-31. Long-term IT revenue visibility (materiality 8/10).

Bluewater Federal Solutions, Inc. (Tetra Tech subsidiary), awarded $80,013,310 time-and-materials delivery order (ceiling $96,920,035) by DOE for IT support, $62,783,185 outlayed to 2026-09-19. Steady execution benefits parent (materiality 7/10).

General Dynamics Information Technology's $329,952,976 cost-plus-fixed-fee DHS USCIS order (ceiling $358,144,818) ended 2015-09-25 with $0 outlayed despite 47% subawards planned. Neutral signal flags no current activity.

Lockheed Martin Corporation's $73,614 firm-fixed-price NOAA order for aircraft upgrade (ceiling $428,139) starts 2026-04-14 with $0 outlayed; negligible for large cap.

General Dynamics Information Technology's $329.9M DHS contract has $0 outlayed despite 2011 award and 2015 end date, with 20 subawards totaling $156.6M planned but inactive.

Multiple firm-fixed-price contracts (e.g., SOFTRAMS LLC $88.2M HHS, KOENIG & BAUER $128.5M Treasury) carry high pricing risk, with uneven outlays like $57M/$88M for SOFTRAMS.

Lockheed Martin $73.6K Commerce NOAA order has $0 outlayed at 2026-04-13 award, testing early performance on small base with options to $428K.

UNWIN CO's $213.8M DOE time-and-materials set-aside through 2026-04-13 offers ~$35M remaining obligation for security consulting.

CLOUDSHAPE LLC's $64.2M USAID data center order (ceiling $150.4M) to 2032-12-31 provides decade-long IT revenue for small disadvantaged business.

Bluewater Federal Solutions (Tetra Tech sub) $80M DOE IT delivery order (ceiling $96.9M) via small business exclusion, with $62.8M outlayed to 2026.

Small businesses like SOFTRAMS LLC ($88M HHS), CLOUDSHAPE LLC ($64M USAID), and Bluewater Federal ($80M DOE) dominate with set-aside or open awards for IT/programming/data center support, outlays averaging 70%+ executed.

DOE awards to UNWIN CO ($213.8M security set-aside to 2026) and Bluewater ($80M IT to 2026) show sustained headquarters spending on studies/analysis and engineering.

{"entity"=>"XATOR LLC", "reason"=>"$2.31B State Dept obligation lacks revenue/pricing/outlay details; highest batch materiality.", "trigger"=>"outlay reporting, annual revenue estimates"}

{"entity"=>"General Dynamics Information Technology", "reason"=>"$330M DHS obligation with $0 outlayed post-2015 end date signals dormancy.", "trigger"=>"modifications or extensions beyond 2015-09-25"}

{"entity"=>"CLOUDSHAPE LLC", "reason"=>"$64M USAID obligation (ceiling $150M) with $33M outlayed to 2032 offers long-term upside.", "trigger"=>"option exercises toward $150M"}

{"entity"=>"Tetra Tech, Inc.", "reason"=>"Bluewater sub's $80M DOE IT with $63M outlayed to 2026-09-19.", "trigger"=>"options to $96.9M ceiling"}