Federal Professional Services Contracts — February 17, 2026

$116.8M obligated with $72.6M in options through June 2026 supports stable cash flows in engineering services.

Firm-fixed-price structure over 11.5-year term exposes margins to cost inflation.

Only $53.6M outlayed of $116.8M obligated signals potential funding delays.

$72.6M unexercised options could boost total value to $189.3M.

Sole $116.8M award in professional services underscores sustained investment in aviation security via long-duration contracts.

{"entity"=>"L3Harris Technologies", "reason"=>"Dominates period with 100% of obligated value; tracks revenue visibility and risks", "trigger"=>"Option exercises >$50M or outlays stalling below 70% of obligated"}

{"entity"=>"FAA OASIS II Pipeline", "reason"=>"No extensions noted; signals potential recompetes post-June 2026", "trigger"=>"New solicitations or competitor awards"}