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All HHS Contracts — April 23, 2026

All HHS Contracts

6 total filings analysed

Executive Summary

HHS awarded $457,388,529 across 6 contracts in this period, with 1/6 defense-related (DLA Troop Support pharmaceuticals) and the rest civilian-focused on biodefense R&D, Medicare administration, and contact centers. Dominant themes center on BARDA biodefense (Emergent BioDefense $211.4M) and CMS Medicare services (Noridian $64.6M, Experian $44M), signaling steady civilian healthcare funding. Highest-conviction bullish signal is Emergent BioDefense Operations Lansing LLC's non-competed $211.4M firm fixed price BARDA contract for smallpox antiviral R&D, with $173.9M already outlayed and potential to $647.5M. Key risk is high pricing risk on fixed-price contracts like Emergent and DLA Troop Support's $65M future-dated award with $0 outlayed. Watch option exercises across multiple contracts, including Emergent toward $647.5M and Maximus Federal Services toward $91.5M.

Tracking the trend? Catch up on the prior All HHS Contracts digest from April 18, 2026.

Investment Signals(2)

  • Emergent BioDefense Operations Lansing LLC Secures $211.4M BARDA Biodefense R&D Award(HIGH)

    Small business Emergent BioDefense Operations Lansing LLC received a non-competed firm fixed price contract for $211,409,788 (potential $647.5M with options) from BARDA for Chimerix smallpox antiviral R&D, with $173.9M already outlayed through 2028-2032.

  • Maximus Federal Services Wins $71.2M CDC Contact Center Delivery Order(MEDIUM)

    Maximus Federal Services, Inc. secured a fully competed labor hours delivery order for $71,229,539 (potential $91.5M ceiling) from CDC for telemarketing services, with $46.5M outlayed through 2026.

Risk Flags(3)

  • Execution[HIGH RISK]

    Emergent BioDefense Operations Lansing LLC's firm fixed price contract carries high pricing risk, with $211.4M obligated but performance spanning to 2032 and options unexercised.

  • Budget[MEDIUM RISK]

    DLA Troop Support's $65M firm fixed price pharmaceuticals contract to HHS/NIH has $0 outlayed despite 2026-04-09 award, signaling execution delays in future-dated DoD-related procurement.

  • Execution[MEDIUM RISK]

    Experian Information Solutions, Inc.'s $44M firm fixed price CMS contract for remote identity proofing has high pricing risk, with $32.2M outlayed but non-competitive structure.

Opportunities(3)

  • Emergent BioDefense Operations Lansing LLC's non-competed BARDA award signals agency confidence in its biodefense capabilities for smallpox antiviral R&D.

  • Maximus Federal Services, Inc. has unexercised options adding $20.3M to its $71.2M CDC contact center order.

  • Noridian Healthcare Solutions, LLC's cost-plus CMS Medicare DME contract has potential to $184M from current $64.6M obligation through 2031.

Sector Themes(2)

  • BARDA's $211.4M non-competed award to Emergent BioDefense Operations Lansing LLC for smallpox antiviral underscores sustained biodefense funding with long-duration performance to 2032.

  • CMS awarded $64.6M to Noridian Healthcare Solutions, LLC and $44M to Experian Information Solutions, Inc. for DME claims and identity proofing, with long terms to 2031 and 2026.

Watch List(4)

  • 👁

    {"entity"=>"Emergent BioDefense Operations Lansing LLC", "reason"=>"$211.4M BARDA contract with $173.9M outlayed and $647.5M potential", "trigger"=>"Options exercise; outlay beyond $173.9M; end 2028-10-01"}

  • 👁

    {"entity"=>"Maximus Federal Services, Inc.", "reason"=>"$71.2M CDC order with $46.5M outlayed and $91.5M ceiling", "trigger"=>"Option exercises; performance to 2026-08-31"}

  • 👁

    {"entity"=>"DLA Troop Support", "reason"=>"$65M HHS/NIH pharmaceuticals with $0 outlayed, defense-related", "trigger"=>"Outlays initiation; start 2026-04-10"}

  • 👁

    {"entity"=>"Noridian Healthcare Solutions, LLC", "reason"=>"$64.6M CMS Medicare contract toward $184M potential", "trigger"=>"Option exercises; outlays vs $33.7M"}

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