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High-Value Federal Grants ($5M+) — April 10, 2026

High-Value Federal Grants ($5M+)

21 total filings analysed

Executive Summary

These 21 high-value civilian federal contracts total $1,798,808,650 in obligations with 0/21 defense-related, emphasizing construction, IT services, and facilities support across agencies like DOJ, Education, HUD, DHS, NASA, and GSA. Dominant themes include long-term infrastructure projects and mission sustainment, with no DOD exposure mitigating defense-specific CR or NDAA risks. Highest-conviction bullish signal is Brasfield & Gorrie LLC's $519,305,226 fixed-price delivery order from DOJ/FBI for Redstone Arsenal construction, with $99,380,719 already outlayed over a 6.7-year period signaling durable revenue. Balanced by neutral signals on low-outlay or nonprofit awards like California Institute of Technology's dual NASA contracts totaling $112M. Key risk is execution under firm fixed-price terms in aging awards like Harris Corporation's $102M FAA telecom contract with only $33M outlayed over 19 years. Watch outlay progression on zero-spend contracts like Trane U.S. Inc.'s $79.7M GSA energy conservation delivery order.

Tracking the trend? Catch up on the prior High-Value Federal Grants ($5M+) digest from April 09, 2026.

Investment Signals(8)

  • Brasfield & Gorrie LLC Secures $519M DOJ/FBI Redstone Arsenal Construction Order(HIGH)

    $519,305,226 fixed-price delivery order awarded May 2024 spans 6.7 years to 2030 with $99,380,719 outlayed, equating to ~$77.8M annual revenue in commercial building construction (NAICS 236220). Early spending progress post-award indicates strong execution momentum.

  • Compu-Link Corp Wins $86M HUD HECM Services Contract(MEDIUM)

    $85,959,050 firm fixed-price contract awarded November 2024 for Home Equity Conversion Mortgage services has $36,400,023 outlayed over 21 months to August 2026, projecting ~$49M annual revenue in financial services (NAICS 522390). Non-competed award signals established provider status.

  • Trane U.S. Inc. Lands $80M GSA Energy Conservation Delivery Order(MEDIUM)

    $79,676,344 firm fixed-price order from GSA Public Buildings Service covers 98 energy/water measures across 10 NYC buildings over 20 years to 2036, with $185M options ceiling despite $0 outlayed to date. Long-term ESPC commitment bolsters backlog.

  • Booz Allen Hamilton Inc. Captures $79.7M USPTO IT Delivery Order(MEDIUM)

    $79,658,974 labor hours delivery order for trademark IT systems (NAICS 541512) has $119M options ceiling through potential 2028 extension, under full competition. Signals IT sustainment strength despite subawards and negative outlay.

  • Harris Corporation's $102M FAA IT/Telecom Order Faces Funding Uncertainty(HIGH)

    $102,399,337 obligation since 2006 on $5.9B ceiling IT network management contract (NAICS 517310) has only $32,980,334 outlayed over 19 years (~$1.7M/year), with high firm fixed-price risk and unexercised options to 2026.

  • TRAX International Corporation Secures $47.9M NASA Goddard Logistics Contract(HIGH)

    $47,853,227 cost-plus-fixed-fee order awarded July 2024 for GSFC logistics has $39.3M outlayed rapidly and $264M options ceiling to potential 2029, under full competition in facilities support (NAICS 561210).

  • Booz Allen Hamilton Inc. Adds $48.9M GSA C4ISR Support at Eglin AFB(MEDIUM)

    $48,903,469 time-and-materials delivery order from GSA for C4ISR engineering (NAICS 541512) has $80M options to 2028 potential end, despite $0 outlayed and $13.8M subawards.

  • California Institute of Technology Holds $112M Dual NASA R&D Awards(LOW)

    $59.2M and $52.8M cost-plus-fixed-fee delivery orders for earth science and UAVSAR R&D (NAICS 541715) total $112M obligation with $89M outlayed through 2027-2028, but nonprofit status limits public market impact.

Risk Flags(3)

  • Execution[HIGH RISK]

    Firm fixed-price structures in Brasfield & Gorrie LLC's $519M DOJ order, Compu-Link Corp's $86M HUD contract, and Trane U.S. Inc.'s $80M GSA award expose contractors to cost overruns amid long durations (6.7-20 years).

  • Budget[MEDIUM RISK]

    Zero or low outlays on Trane U.S. Inc. ($0 on $80M GSA), Booz Allen Hamilton Inc. GSA ($0 on $49M), and PAGE-LORING LLC ($0 on $47M Smithsonian) signal potential funding delays in long-term civilian projects.

  • Concentration[MEDIUM RISK]

    Booz Allen Hamilton Inc. concentration in $128.6M across USPTO ($80M) and GSA C4ISR ($49M) delivery orders heightens exposure to civilian IT re-competes post-2026.

Opportunities(3)

  • TRAX International Corporation's $47.9M NASA Goddard logistics order offers $217M upside via options to 2029-07-31, building on rapid $39M outlay post-July 2024 award.

  • Harris Corporation's $102M FAA IT order on $5.9B ceiling provides massive unrealized potential despite low $33M outlay, via options to 2026-04-09.

  • EDFinancial Services LLC's $121M Education student loan servicing order has $155M options upside to December 2027, starting April 2026.

Sector Themes(3)

  • Brasfield & Gorrie LLC ($519M DOJ Redstone), Compu-Link Corp ($86M HUD financial but construction-adjacent), Clark Construction Group LLC ($52M HHS), and Archer Western Construction LLC ($51M Interior) total ~$713M in fixed-price building/infrastructure awards with strong outlays.

  • California Institute of Technology's dual $112M R&D awards ($89M outlayed to 2028) and TRAX International Corporation's $48M Goddard logistics ($39M outlayed, $265M ceiling) underscore steady earth/space science funding.

  • Booz Allen Hamilton Inc. ($129M across USPTO/GSA), Peraton Enterprise Solutions LLC ($82M DHS CBP), and General Dynamics IT ($61M HHS CMS) total ~$272M in IT/network delivery orders with labor/T&M pricing and partial outlays.

Watch List(4)

  • 👁

    {"entity"=>"Brasfield & Gorrie LLC", "reason"=>"$519M DOJ obligation with $99M outlayed; track for economic price adjustments over 6.7 years.", "trigger"=>"outlay updates beyond $99,380,719; modifications to 2030-01-28 end date"}

  • 👁

    {"entity"=>"Trane U.S. Inc.", "reason"=>"$80M GSA energy order at $0 outlayed on 20-year term with $185M options.", "trigger"=>"initial outlay progress; option exercises toward $185M ceiling"}

  • 👁

    {"entity"=>"Booz Allen Hamilton Inc.", "reason"=>"Dual $129M IT delivery orders (USPTO $80M, GSA $49M) with options and subawards.", "trigger"=>"option exercises (USPTO to 2028-06-30, GSA to 2028-06-30)"}

  • 👁

    {"entity"=>"L3Harris Technologies, Inc. (Harris Corp)", "reason"=>"$102M FAA obligation low vs. $5.9B ceiling and only $33M outlayed over 19 years.", "trigger"=>"option exercises; extensions beyond 2025-09-30"}

Get daily alerts with 8 investment signals, 3 risk alerts, 3 opportunities and full AI analysis of all 21 filings

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