High-Value Federal Grants ($5M+) — March 11, 2026

Central Plateau Cleanup's massive cost-plus incentive fee task order with $1.63B already outlayed underscores sustained federal remediation spending through 2024.

Twin non-competitive firm-fixed-price awards totaling $245M for EHRM Waves F/G through 2026 highlight Oracle's entrenched VA IT position despite zero outlays to date.

Leidos ($91M multi-energy portals), RQ-AECOM JV ($86M Coast Guard rebuild), and Marcom ($86M CBP marketing) reflect escalating DHS priorities in enforcement infrastructure and hiring.

Booz Allen ($90M FBI EDAS), Miracle Systems ($224M CISA), and Rohde & Schwarz ($86M FAA VCS) demonstrate prime contractor strength in federal IT/program management.

Zero outlays in 6 contracts (43% of records, incl. $224M Miracle, $245M Oracle, $86M Marcom) delay revenue recognition amid long performance periods.

Firm-fixed-price structures in 5 contracts ($600M+ total, e.g., Leidos, BL Harbert) expose contractors to cost overruns without reimbursement.

Extended periods to 2027-2033 (9/14 contracts) vulnerable to FY budget cuts or program shifts, especially T&M deals ($1.4B+).

Unexercised options exceed $700M (e.g., $51M IPG, $177M Booz Allen, $160M Rohde & Schwarz), plus extensions to 2030+ in Leidos/Booz Allen.

Small/disadvantaged businesses winning open comp (Miracle $224M, Marcom $86M, Gama-1 $99M) signal set-aside spillover into unrestricted bids.

Post-2024/2026 tailwinds in DOE cleanup, VA EHRM, FAA modernization position incumbents for recompetes.

7/14 contracts ($900M+) target IT/EHRM/cloud (VA Oracle $245M, FBI Booz Allen $90M, FAA Rohde $86M, CISA Miracle $224M).

4 contracts ($350M+) for border tech, Coast Guard rebuilds, CBP marketing amid enforcement priorities.

DOE $1.7B Hanford + DOJ/FBI $183M dorms provide multi-year backlog in enviro/construction.

{"entity"=>"Oracle Health Government Services", "reason"=>"$245M VA EHRM pipeline with non-compete edge and zero outlays signals outsized upside on deployment ramps.", "trigger"=>"First outlays or Wave expansions"}

{"entity"=>"DHS Contractors (Leidos, RQ-AECOM, Marcom)", "reason"=>"$263M cluster in border/enforcement with long tails to 2033 exposes to policy volatility but high optionality.", "trigger"=>"FY2026 budget or option exercises"}

{"entity"=>"Small Biz Outperformers (Miracle, Marcom, Gama-1)", "reason"=>"$410M wins despite open comp highlight certification alpha; private status limits liquidity but flags M&A.", "trigger"=>"Public peer outperformance or acquisitions"}