Executive Summary
A single mega contract totaling $181,839,613 in obligations was analyzed for the period April 04, 2026 to April 04, 2026, representing 100% civilian exposure (0/1 defense-related) dominated by NASA's Goddard Space Flight Center. The Leland Stanford Junior University received this definitive cost-no-fee award in 2002 for the Solar Dynamics Observatory Project Heliospheric and Magnetic Imager (HMI) investigation, spanning 25 years to 2027-09-30 with only $25,928,889 outlayed to date out of a $186,336,824 base + options value. The highest-conviction signal is neutral (4/10 strength, 6/10 materiality), reflecting long-term space R&D stability tempered by slow outlay progress under full and open competition. Dominant sector theme is civilian space science/applications R&D (PSC AR22, NAICS 541710). Key risk/watch item: monitor outlay progression beyond $25,928,889 and performance toward the 2027-09-30 end date amid cost-no-fee structure.
Tracking the trend? Catch up on the prior Mega Contracts Monitor ($100M+) digest from April 03, 2026.
Investment Signals(2)
- The Leland Stanford Junior University Secures $181.8M Long-Term NASA Obligation for HMI Investigation(LOW)β²
NASA's Goddard Space Flight Center obligated $181,839,613 on a 25-year cost-no-fee contract awarded in 2002 for space science R&D, providing estimated annual revenue of ~$7.3M through 2027 despite full and open competition.
- Only $25.9M Outlayed to Date on Stanford's $181.8M NASA Space R&D Contract(MEDIUM)β²
With just $25,928,889 outlayed against $181,839,613 obligated and $186,336,824 base + options on a 25-year contract ending 2027-09-30, execution pace raises questions on remaining funding deployment.
Risk Flags(2)
- Execution[MEDIUM RISK]βΌ
Low outlay progress ($25,928,889 on $181,839,613 NASA obligation to The Leland Stanford Junior University) signals potential delays in R&D milestones for Solar Dynamics Observatory HMI ahead of 2027-09-30 completion.
- Budget[LOW RISK]βΌ
Extended 25-year performance period (2002-2027) with uneven outlays on $181,839,613 civilian NASA award heightens vulnerability to future civilian budget cycles despite low pricing risk.
Opportunities(1)
- β
NASA's long-term $181,839,613 obligation to The Leland Stanford Junior University for space science R&D through 2027 signals sustained civilian funding in applications like heliophysics instruments.
Sector Themes(1)
- β
NASA Goddard obligated $181,839,613 to The Leland Stanford Junior University on a 25-year cost-no-fee contract for Solar Dynamics Observatory HMI design, fabrication, and post-launch support under full competition.
Watch List(2)
- π
{"entity"=>"The Leland Stanford Junior University", "reason"=>"$181,839,613 NASA obligation with only $25,928,889 outlayed on 25-year space R&D contract, estimating ~$7.3M annual revenue but uncertain due to uneven pacing.", "trigger"=>"outlay progress beyond $25,928,889, 2027-09-30 end date performance, cost-no-fee changes or options within $186,336,824"}
- π
{"entity"=>"space R&D sector", "reason"=>"Single $181.8M NASA civilian award highlights long-term heliophysics focus but neutral signal (4/10) amid low outlays.", "trigger"=>"NASA budget announcements for space science, related task orders under IDIQ-like structures"}
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