High-Value Federal Grants ($5M+) — April 08, 2026

Shionogi Inc awarded $119M cost-plus-fixed-fee contract (potential $482M) for antibiotics targeting drug-resistant infections and biothreats, with 10-year term to 2036-03-10 but $0 outlayed to date.

Salient CRGT receives $93M time-and-materials delivery order (potential $199M) from VA Technology Acquisition Center, with $22M outlayed early in 2-5 year performance to 2030-04-10.

Mantech Advanced Systems (Mantech International Corp parent) awarded $77M cost-plus-award-fee delivery order (ceiling $910M) for cyber IT enterprise services, 7-year potential to 2032-08-07 with $0 outlayed.

IBM awarded $90M firm-fixed-price order (potential $148M) from Treasury/IRS IT Operations for MEF services, $51M outlayed in performance to 2029-03-29.

Vedanta Biosciences secures $79M cost-sharing contract (potential $114M) from HHS BARDA, $71M outlayed since 2020 with extension potential to 2031-12-31.

IBM's $110M firm-fixed-price delivery order from Treasury/IRS fully outlayed by 2024-06-29 but terminated 2025-03-24 per executive orders, limiting future revenue.

Serco Inc receives $96M firm-fixed-price delivery order (potential $239M) from Pension Benefit Guaranty Corp, $56M outlayed early for customer service improvements to 2029-07-03.

General Dynamics IT's $65M VA delivery order (potential $92M) has $61M subawards across 6 recipients (93% of obligation), netting limited prime revenue despite $53M outlayed.

Zero outlays on high-value new awards like Shionogi $119M HHS, Mantech $77M GSA, Deloitte $70M State, and Improvix $60M State expose to funding delays despite long-term potentials.

IBM's $110M Treasury/IRS contract terminated 2025-03-24 for convenience per executive orders, signaling potential cuts in IRS IT modernization.

Firm-fixed-price structures on Quality Support $113M State visa services ($0 outlayed), Life Science Logistics $73M GSA pharma storage ($54M outlayed), and ENSCO $70M DOT rail inspection heighten performance risk over multi-year terms.

High subawards in Syncom $100M NASA ($8M across 45), SMARTRONIX $116M GSA ($59M across 164), and GDIT $65M VA ($61M across 6) reduce prime contractor margins.

Mantech's $77M GSA delivery order for USSOUTHCOM cyber IT holds $910M ceiling via options over 7 years to 2032-08-07.

Salient CRGT's $93M VA IT order and Serco's $96M PBGC engineering order offer $199M and $239M potentials respectively via multi-year extensions.

HHS/BARDA biotech contracts for Shionogi $119M (to $482M) and Vedanta $79M (to $114M) align with biothreat preparedness priorities.

Shionogi $119M and Vedanta $79M awards (total $198M obligated, $71M Vedanta outlayed) fund late-stage biotech development for drug-resistant infections under NAICS 541714.

VA awards to Salient $93M, GDIT $65M, Greenbrier $61M (total $219M); Treasury/IRS to IBM $200M combined; GSA/State IT wins like Mantech $77M, Deloitte $70M, Improvix $60M under NAICS 541512.

NASA Syncom $100M facilities (98% outlayed), GSA Life Science Logistics $73M pharma storage ($54M outlayed), DHS GEO Group $67M ICE detention signal sustained demand.

{"entity"=>"Shionogi Inc", "reason"=>"$119M HHS BARDA obligation with $0 outlayed and $482M potential tied to FDA milestones.", "trigger"=>"outlay progress and option exercises"}

{"entity"=>"Mantech International Corp", "reason"=>"$77M GSA USSOUTHCOM cyber order (ceiling $910M) at $0 outlayed with 43 subawards $161M.", "trigger"=>"option exercises beyond 2026-04-24"}

{"entity"=>"IBM", "reason"=>"$90M ongoing IRS MEF ($148M potential, $51M outlayed) contrasts $110M terminated IRS e-file order.", "trigger"=>"option notifications and termination settlement"}

{"entity"=>"Salient CRGT Inc", "reason"=>"$93M VA IT ($199M potential) with $22M outlayed early in 5-year window.", "trigger"=>"outlay beyond $22M and options to 2030-04-10"}

{"entity"=>"Vedanta Biosciences Inc", "reason"=>"$79M HHS BARDA ($114M potential) 71% outlayed with extension to 2031-12-31 possible.", "trigger"=>"remaining obligation drawdown and option exercises"}