New Federal Contractors — February 20, 2026

GSA awards 6 contracts worth $484M+ obligated (potential $1.2B+) to Booz Allen, Tatitlek, Planned Systems, Manta, SAIC, Amentum, focusing on computer systems design (NAICS 541512) with multi-year terms to 2027-2033.

DoD/Army ($616M Clark hospital build to 2028) and USDA ($242M Kiewit disaster recovery to 2026) awards highlight infrastructure spending, firm-fixed-price with full obligation.

HHS/BARDA awards $365M+ to Paratek ($265M to 2029) and Luminary Labs ($100M to 2028) for antibiotic and R&D, with $139M outlayed signaling execution.

FAA awards $231M+ to Textron ($134M aircraft to 2031) and Saab ($97M radars to 2039 potential), replacing legacy systems with long-term options.

Lockheed Martin secures $75M obligated (potential $376M) for GEOXO to 2049 and lunar studies, underscoring sustained space investment.

Firm-fixed-price structures in 10+ contracts (e.g., Clark $616M, Kiewit $242M, Paratek $265M) expose to cost overruns amid inflation/delays.

$0 outlay on 7 contracts totaling $430M+ (e.g., Tatitlek $114M, Manta $73M, SAIC $59M) signals potential funding/execution delays.

Heavy subawarding (e.g., Peraton 53 subs $258M, Amentum 70 subs $16M) risks margin dilution and subcontractor delays.

End-of-period risks for 5 contracts (e.g., Booz Allen GSA to Apr 2024, Navarro DOE to Mar 2025) with no follow-ons indicated.

Unexercised options exceed $1.5B across portfolio (e.g., Peraton $142M, SAIC $268M, Lockheed $297M), extendable to 2033-2049.

Small business set-asides yield $500M+ wins (Tatitlek, Manta, Navarro, Luminary), positioning for recurring targeted awards.

Fully obligated/outlayed contracts like Perimeter ($64M fire retardant), Navarro ($62M remediation) offer immediate cash flow with repeat potential.

6 GSA awards total $484M obligated (potential $1.9B ceiling) in NAICS 541512/541330, emphasizing multi-year IT/engineering for fed missions.

NASA/FAA contracts to 2049/2039 (Lockheed, Textron, Saab) signal modernization pipelines beyond near-term budgets.

Hurricane Helene repair ($242M Kiewit) amid moratorium exceptions highlights ad-hoc infra spending spikes.

{"entity"=>"Booz Allen Hamilton Holding Corp", "reason"=>"$818M across VA/GSA IT awards with $71M+$756M obligations, but GSA ends 2024.", "trigger"=>"Follow-on GSA task orders or Q1 outlay ramp"}

{"entity"=>"Lockheed Martin Corp", "reason"=>"$79M NASA space R&D (potential $376M to 2049), dual awards signal program momentum.", "trigger"=>"GEOXO option exercises >$74M obligation"}

{"entity"=>"SAIC", "reason"=>"$59M GSA PBGC IT (ceiling $327M to 2033), no outlays yet but massive upside.", "trigger"=>"Initial 2025 outlays confirming execution"}

{"entity"=>"Construction Sector (Clark, Kiewit)", "reason"=>"$858M firm-fixed builds/recovery, $0 outlays indicate start risks.", "trigger"=>"Cost overrun reports or delays to 2026-2028"}