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Significant Contract Modifications ($10M+) — January 02, 2026

Significant Contract Modifications ($10M+)

1 total filings analysed

Executive Summary

Iron Vine Security LLC's $64.4M DoS obligation (24.7M outlayed) for IT security compliance provides backlog visibility through 2026-09-29, with $21M in unexercised options and potential 2027 extension to $85.5M total. Neutral signal reflects steady federal demand balanced by T&M execution risks and partial outlays. Institutional investors in gov IT services should track option exercises for revenue upside amid small business set-aside trends.

Tracking the trend? Catch up on the prior Significant Contract Modifications ($10M+) digest from January 01, 2026.

Investment Signals(1)

  • DoS IT Security Backlog Expansion(HIGH)

    $64.4M obligation with $24.7M outlayed under BPA call supports multi-year revenue; options add $21M potential.

Risk Flags(2)

  • Execution[HIGH RISK]

    T&M structure ties revenue to approved hours; $24.7M outlay vs $64.4M obligation signals potential underutilization if options unexercised.

  • Market[MEDIUM RISK]

    Extended period to 2026-09-29 (potentially 2027) vulnerable to funding shifts or task variability.

Opportunities(2)

  • $21M unexercised options and 1-year extension potential lift total value to $85.5M.

  • Small business set-aside in NAICS 541519 positions for follow-on IT security contracts.

Sector Themes(1)

  • Large BPA call to small business underscores federal priority on compliance services under PSC R497.

Watch List(2)

  • 👁

    {"entity"=>"Iron Vine Security LLC", "reason"=>"64.4M obligation with 21M options offers leverage to outlay growth.", "trigger"=>"Outlays exceeding 40M or option exercises"}

  • 👁

    {"entity"=>"DoS ACQUISITIONS - AQM MOMENTUM", "reason"=>"Manages high-value IT security BPA; single mod signals potential pipeline.", "trigger"=>"Additional >10M modifications or new awards"}

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Significant Contract Modifications ($10M+) — January 02, 2026 | Gunpowder Blog