Contract Deobligations Alert — April 23, 2026

$1.59B obligation to Dell Federal Systems L.P. from VA (materiality 8/10, strength 7/10) signals strong tech positioning despite deobligation alert context.

Booz Allen Hamilton awarded $244.96M delivery order (46% or $112.8M outlayed) from Interior for NAICS 541512 services, with base+options $255M, affirming consulting strength.

$211.4M firm-fixed-price obligation (82% or $173.9M outlayed) to Emergent BioDefense from HHS BARDA for smallpox antiviral R&D (NAICS 541714), with options to $647M through 2032.

$69.5M firm-fixed-price contract to S.J. Amoroso from VA for West Los Angeles Medical Center boiler plant (NAICS 236220), full competition win through 2027.

$53.2M cost-plus-fixed-fee contract to L3Harris from Commerce/NOAA for space weather C2 systems (NAICS 541512), $22M outlayed through 2026.

$71.2M labor-hours order (65% or $46.5M outlayed) to Maximus from HHS/CDC (NAICS 561422), options to $91.5M through 2026, steady health services revenue.

10+ contracts at $0 outlayed including Whiting-Turner $74.5M DHS Coast Guard build, S.J. Amoroso $69.5M VA, and DLA Troop Support $65M HHS highlight funding delays in deobligation context.

High fixed-price risk on construction awards like S.J. Amoroso $69.5M VA boiler plant, Whiting-Turner $74.5M DHS Air Station, Silver Lake $45.6M DOE facility (all NAICS 236220, $0-$17M outlayed).

Low outlays on long-term contracts like Johnson Controls $75.7M DOE ESPC ($0 outlayed, options to $251M through 2033) and Noridian $64.6M CMS Medicare ($33.7M outlayed, options to $184M).

VA-heavy exposure with $1.7B+ obligations (Dell $1.59B, S.J. Amoroso $69.5M, R.E.D. $39.8M, MicroHealth $36M), vulnerable to civilian budget shifts.

Booz Allen Hamilton options/follow-ons on $245M Interior (46% outlayed) and $40M DOE CYSOC BPA call (77% outlayed, subawards $17.9M).

Emergent BioDefense BARDA options to $647M from $211M obligated (82% outlayed) for smallpox R&D through 2032.

Emergent BioDefense non-competed $211M HHS BARDA award signals biotech R&D confidence.

SDVOSB set-asides like MicroHealth $36M VA IT delivery order (options to $155M) and R.E.D. $39.8M VA hospital upgrades.

HHS/BARDA $211M to Emergent BioDefense (options $647M), Maximus $71M CDC contact centers, Noridian $64.6M CMS Medicare signal sustained biodefense/IT/health admin spend.

VA $1.59B Dell + $69.5M S.J. Amoroso boiler plant; Interior $245M Booz Allen IT + $257M NW Construction mod highlight hospital/infrastructure focus.

NASA $179M AURA WFIRST + $52M Nova Space facilities (options $205M to 2033); DOE $75.7M Johnson Controls ESPC + $45.6M Silver Lake facility.

{"entity"=>"Dell Federal Systems L.P. (DELL)", "reason"=>"$1.59B VA obligation with unknown outlay/revenue details requires execution tracking.", "trigger"=>"outlay progress notifications"}

{"entity"=>"Booz Allen Hamilton (BAH)", "reason"=>"Dual awards $245M Interior (46% outlayed) + $40M DOE CYSOC (77% outlayed, $17.9M subawards).", "trigger"=>"post-2021/2026 modifications or follow-ons"}

{"entity"=>"Emergent BioDefense Operations Lansing LLC", "reason"=>"$211M HHS (82% outlayed), options to $647M through 2032.", "trigger"=>"options exercise toward 2028-10-01 current end"}

{"entity"=>"S.J. Amoroso Construction Co., LLC", "reason"=>"$69.5M VA boiler plant at $0 outlayed, fixed-price through 2027.", "trigger"=>"outlay from $0; 2027-04-21 end date"}

{"entity"=>"Whiting-Turner Contracting Company", "reason"=>"$74.5M DHS Coast Guard build at $0 outlayed through 2026.", "trigger"=>"outlay progress; 2026-06-30 completion"}