Mega Contracts Monitor ($100M+) — April 16, 2026

Agiliti Health Inc. has $272M outlayed of $327M obligated (potential $494M with options) under firm fixed price contract for HHS ASPR ventilator/PAPR systems, signaling strong cash flow through 2026-08-27 (possible 2028). Full and open competition win underscores competitive positioning in medical equipment maintenance.

AAR Government Services Inc. has $290M outlayed of $449M obligated (potential $500M) cost-plus fixed fee delivery order for State Department aircraft maintenance through option year three to 2024-05-31. Steady progress despite $87M subawards indicates reliable revenue.

DLH LLC has $86M outlayed of $107M firm fixed price BPA call (potential $112M) for NIH NHLBI IT services through 2026-04-15, reflecting established woman-owned capability in computer facilities management.

Skanska USA Civil Northeast Inc. awarded $149M from DOD on 2023-12-05, sole defense signal in this batch amid civilian dominance.

ABT Global LLC has $160M outlayed of $279M cost-plus fixed fee (potential $810M) for USAID malaria prevention through 2027-12-18, with early execution over 5-year term.

CGI Federal Inc. (Timken subsidiary) has $191M outlayed of $620M time & materials order (potential $844M) for State passport services ending 2024-05-09, neutral due to maturing phase and lower-than-expected annual pacing (~$32M/year actual).

Amentum Technology Inc. has $139M outlayed of $227M firm fixed price (potential $252M) for NASA Ames maintenance to 2026-04-12, providing stable long-term (~10.5 years) but low-tech facilities revenue.

CGI Federal Inc. $620M State contract ends 2024-05-09 and AAR Government Services Inc. $449M ends 2024-05-31 without indicated extensions, exposing to recompete uncertainty.

Firm fixed price structures heighten performance risk for Agiliti Health Inc. $327M HHS (high risk), Amentum Technology Inc. $227M NASA (high risk), and DLH LLC $107M NIH (high risk).

Subawards erode net revenue: AAR Government Services Inc. $87M (19% of $449M) and ABT Global LLC $64M (23% of $279M outlayed).

Agiliti Health Inc. options/exercise to $494M HHS and extension to 2028-02-27 for ventilator maintenance.

ABT Global LLC potential to $810M USAID malaria control through 2027-12-18.

Skanska USA Civil Northeast Inc. $149M DOD award as rare defense signal, watch for follow-ons.

Department of State dominates with $1.07B: AAR Government Services Inc. $449M aircraft maintenance (cost-plus, $290M outlayed) and CGI Federal Inc. $620M passport IT (time & materials, $191M outlayed), both full/open competition.

HHS awards $434M: Agiliti Health Inc. $327M ventilator maintenance (83% outlayed, to 2026+) and DLH LLC $107M NIH IT (80% outlayed, to 2026), signaling health infrastructure priority.

{"entity"=>"CGI Federal Inc.", "reason"=>"$620M State obligation with only $191M outlayed and end 2024-05-09", "trigger"=>"outlay progress to $620M or recompete announcement"}

{"entity"=>"AAR Government Services Inc.", "reason"=>"$449M State with $290M outlayed, option year three active but ends 2024-05-31", "trigger"=>"extensions/modifications beyond 2024-05-31"}

{"entity"=>"Agiliti Health Inc.", "reason"=>"$327M HHS 83% executed, options to $494M and possible 2028 extension", "trigger"=>"option exercises post-2026-08-27"}

{"entity"=>"Skanska USA Civil Northeast Inc.", "reason"=>"Sole $149M DOD award in civilian-heavy batch", "trigger"=>"DOD follow-on announcements"}