All NASA Contracts — June 05, 2026

The small business won a 10-year, cost-plus-fixed-fee contract from NASA Ames for entry systems technology R&D, with a total potential value of $111.8M including options. The small business set-aside limits competition and provides stable, low-risk revenue through March 2025.

Lockheed Martin won a non-competitive, cost-plus-fixed-fee contract from NASA Glenn for space R&D services. At less than 0.005% of Lockheed Martin's annual revenue, the award is immaterial but signals continued sole-source access to NASA work.

Analytical Mechanics Associates is the sole recipient of 97% of total NASA obligations in this period, creating a single-contractor dependency for the digest's investment thesis. The contract's March 2025 end date introduces re-compete risk.

Both contracts are civilian NASA awards with no defense linkage, making them more vulnerable to discretionary budget cuts or political shifts in space exploration priorities, particularly under a Continuing Resolution scenario.

Analytical Mechanics Associates' $94.2M small business set-aside contract provides a competitive moat in NASA's entry systems R&D market, with potential for option exercises increasing total value to $111.8M.

Lockheed Martin's non-competitive $3.25M award reinforces its entrenched position for specialized NASA space R&D, potentially leading to larger follow-on contracts.

The digest shows NASA directing 97% of its single-day obligations to a single small business for niche entry systems R&D, highlighting a trend toward consolidating specialized research with smaller, focused contractors.

Both contracts are cost-plus-fixed-fee, indicating NASA's continued commitment to stable, low-risk R&D funding for space exploration, even as defense budgets face CR uncertainty.

{"entity"=>"Analytical Mechanics Associates", "reason"=>"Holds 97% of digest obligations with a March 2025 contract end date; re-compete outcome will determine revenue continuity.", "trigger"=>"March 2025 contract expiration; NASA solicitation for follow-on entry systems R&D"}

{"entity"=>"Lockheed Martin", "reason"=>"Immaterial award but sole-source signal indicates potential for larger NASA space R&D contracts.", "trigger"=>"New NASA Glenn Research Center solicitations for space R&D services"}

{"entity"=>"NASA Entry Systems and Technology Division", "reason"=>"Budget allocation directly impacts Analytical Mechanics Associates' contract value and future opportunities.", "trigger"=>"FY2026 NASA budget request; Congressional appropriations"}