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All NASA Contracts — July 08, 2026

All NASA Contracts

By Gunpowder Editorial ·

1 total filings analysed

Executive Summary

This digest covers a single NASA contract totaling $141.2 million, awarded to The Aerospace Corporation for specialized engineering services under the NSEETS program. The contract is 100% defense-related (by PSC code AD24), though the agency is civilian (NASA).

The highest-conviction signal is neutral: the sole-source, cost-plus-fixed-fee structure provides stable, low-risk revenue but limits upside surprise, and the contract appears largely complete with $141 million already outlayed. Key risk is the lack of follow-on contract visibility after September 2024, which could create a revenue gap for the contractor. The aggregate signal strength is a moderate 5.0/10, reflecting no clear bullish or bearish catalysts from this single award.

Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →

Tracking the trend? Catch up on the prior All NASA Contracts digest from June 25, 2026.

Investment Signals (1)

  • NASA NSEETS Contract Near Completion for The Aerospace Corporation ($141.2M) (HIGH)

    The $141.2 million cost-plus-fixed-fee delivery order to The Aerospace Corporation is largely complete, with $141 million already outlayed. This signals a potential revenue cliff for the nonprofit contractor if the NSEETS program is not recompeted or extended beyond September 2024.

Risk Flags (2)

  • Concentration [MEDIUM RISK]

    The Aerospace Corporation relies heavily on this single NSEETS contract for specialized engineering revenue. With $141 million already outlayed and a fixed end date of September 2024, there is a concentration risk if NASA does not award a follow-on contract.

  • Budget [LOW RISK]

    NASA's budget for specialized engineering services (NSEETS) could face cuts or delays under a Continuing Resolution (CR), especially if the contract is recompeted during a CR period. The sole-source nature reduces protest risk but does not eliminate budget uncertainty.

Opportunities (1)

  • The sole-source nature of the NSEETS contract indicates a strong competitive moat for The Aerospace Corporation in specialized aerospace engineering. If NASA exercises options or extends the contract, it could provide stable revenue beyond September 2024.

Sector Themes (1)

  • The $141.2 million NSEETS contract underscores NASA's ongoing reliance on specialized, nonprofit engineering support for space missions. The sole-source award to The Aerospace Corporation highlights the agency's preference for trusted, long-term partners in R&D (NAICS 541715) and defense-related engineering (PSC AD24).

Watch List (2)

  • 👁

    {"entity"=>"The Aerospace Corporation", "reason"=>"The NSEETS contract is nearly complete, and the nonprofit faces a revenue gap if not recompeted. Any announcement of a follow-on award or extension will be a key catalyst.", "trigger"=>"Re-compete or extension announcement for NSEETS services after September 2024"}

  • 👁

    {"entity"=>"NASA Goddard Space Flight Center", "reason"=>"As the contracting agency, NASA Goddard's budget and procurement decisions for specialized engineering services directly affect The Aerospace Corporation's revenue stream.", "trigger"=>"FY2024 NASA budget release or CR resolution affecting engineering services"}

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