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Mega Contracts Monitor ($100M+) — April 10, 2026

Mega Contracts Monitor ($100M+)

3 total filings analysed

Executive Summary

This digest synthesizes three civilian mega contracts totaling $743,185,382 in obligations from April 10, 2026 period, with 0/3 defense-related awards across DOJ/FBI, Department of Education, and DOT/FAA. Dominant sector themes span construction (Brasfield & Gorrie $519M at Redstone Arsenal), student loan servicing (EDFinancial $121M), and FAA IT/telecom (L3Harris/Harris $102M). Highest-conviction signal is bullish for Brasfield & Gorrie LLC's $519,305,226 fixed-price delivery order with $99,380,719 already outlayed, signaling strong long-term revenue of ~$78M annually through 2030. Neutral signals dominate the other two due to low/no outlays and uncertain options exercise. Key risk is medium pricing risk across all contracts, with watch on outlay progression and option exercises to unlock full values.

Tracking the trend? Catch up on the prior Mega Contracts Monitor ($100M+) digest from April 09, 2026.

Investment Signals(3)

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

    Brasfield & Gorrie LLC awarded $519,305,226 fixed-price delivery order by FBI on 2024-05-07 for Academic Zone Design-Build, with $99,380,719 outlayed to date and ~6.7-year performance to 2030-01-28, equating to ~$77.8M annual revenue estimate.

  • EDFinancial $121M Education Student Loan Order with $276M Options Potential(MEDIUM)

    EDFinancial Services LLC's $121,480,818 obligation (base + options up to $276M) starts April 2026 for FSA student loan servicing, with no outlays yet but full/open competition win signaling competitive positioning through potential 2027 end.

  • L3Harris FAA IT Order $102M Obligated but Only $33M Outlayed Over 19 Years(MEDIUM)

    Harris Corporation (L3Harris) has $102,399,337 obligated since 2006-12-05 FAA award versus $5.9B ceiling, with just $32,980,334 outlayed (~$1.7M/year average), highlighting funding uncertainty despite extensions to 2025-09-30.

Risk Flags(2)

  • Execution[MEDIUM RISK]

    Brasfield & Gorrie $519M DOJ order carries medium pricing risk via economic price adjustment; EDFinancial $121M has no outlays yet post-April 2026 start; L3Harris $102M shows high pricing risk with low historical outlays.

  • Budget[HIGH RISK]

    L3Harris FAA $102M obligation lags $5.9B ceiling with only $33M outlayed over 19 years, signaling potential funding cliffs; EDFinancial $121M has zero outlays at award.

Opportunities(3)

  • Brasfield & Gorrie $519M long-term construction at Redstone Arsenal via DOJ/FBI offers sustained revenue through 2030-01-28.

  • EDFinancial Services $121M base with $276M options in student loan servicing for Department of Education FSA.

  • L3Harris $102M FAA IT/telecom obligation with $5.9B ceiling unexercised.

Sector Themes(2)

  • Brasfield & Gorrie $519M fixed-price DOJ/FBI order for office buildings (NAICS 236220) at Redstone Arsenal underscores multi-year civilian infrastructure spend.

  • L3Harris $102M obligation (firm fixed price, NAICS 517310) since 2006 supports ongoing FAA remote access capabilities with potential to $5.9B.

Watch List(3)

  • 👁

    {"entity"=>"Brasfield & Gorrie LLC", "reason"=>"$519M DOJ obligation with $99M outlayed; track spending progress on 6.7-year term.", "trigger"=>"outlays beyond $99,380,719; modifications to 2030-01-28 end date"}

  • 👁

    {"entity"=>"EDFinancial Services LLC", "reason"=>"$121M obligation starts April 2026 with $276M options potential and zero outlays.", "trigger"=>"outlay progression post-award; option exercises to December 31, 2027"}

  • 👁

    {"entity"=>"L3Harris Technologies, Inc.", "reason"=>"$102M FAA obligation vs $5.9B ceiling with low $33M outlays over 19 years.", "trigger"=>"obligation increases; option exercises; extensions beyond 2025-09-30"}

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