Contract Deobligations Alert — May 10, 2026

$209,699,872 firm-fixed-price obligation (base + options $428.6M) from DOE/NNSA for enriched uranium conversion through 2028, with $185.1M already outlayed, providing multi-year revenue visibility for non-competed award.

$81,382,182 firm-fixed-price obligation (options to $180.4M) from GSA for pharmaceutical/medical supply management through 2028 (potential 2033), with $55.3M outlayed via full/open competition, signaling strength in emergency preparedness.

$81,833,273 firm-fixed-price delivery order from DHS Coast Guard for Base Kodiak housing, performance through 2028-11-22 via full/open competition, representing future revenue despite $0 outlay to date.

$92,709,653 firm-fixed-price obligation (fully funded) for TSA checkpoint services through 2026-07-13, with $41.6M outlayed via full/open competition, offering steady but ongoing civilian revenue.

High firm-fixed-price risk on BWX's $209.7M DOE contract, Tutor Perini's $81.8M DHS construction, and Metro Logics' $81.4M GSA award, with potential cost overruns given limited outlays ($185.1M, $0, $55.3M respectively).

Deobligations alert context signals potential funding reductions on historical/large obligations like Palmetto GBA's $181M Railroad Retirement Board (only $34.4M outlayed) and Signature Choice II's $121.4M VA award ($0 outlayed).

BWX Technologies via Nuclear Fuel Services Inc. has $218.9M unexercised options on $209.7M DOE obligation for uranium services.

Metro Logics Inc. options expand $81.4M GSA obligation to $180.4M for medical supply management.

Signature Choice II LLC has $260.5M options on $121.4M VA claims processing delivery order.

DOE/NNSA's $209.7M non-competed award to Nuclear Fuel Services Inc. (BWX) for enriched uranium work underscores durable demand, with $185.1M outlayed over 5 years.

DHS awards total $174.5M to Leidos ($92.7M TSA logistics through 2026) and Tutor Perini ($81.8M Coast Guard housing through 2028), both full/open competition.

$81.4M GSA to Metro Logics for pharmaceutical storage (NAICS 493120) and minor $2.2M HHS/CDC to Pfizer align with disaster preparedness.

{"entity"=>"BWX Technologies (BWXT)", "reason"=>"$209.7M DOE obligation with $218.9M options and $185.1M outlayed; track full execution.", "trigger"=>"option exercise to $428.6M or modifications to 2028-04-09 end"}

{"entity"=>"Metro Logics Inc.", "reason"=>"$81.4M GSA obligation ($55.3M outlayed) with options to $180.4M through potential 2033.", "trigger"=>"option exercise progress and outlay beyond $55.3M"}

{"entity"=>"Tutor Perini Corporation (TPC)", "reason"=>"$81.8M DHS Coast Guard construction from 2026 start with $0 outlay.", "trigger"=>"initial outlays and milestones to 2028-11-22"}

{"entity"=>"Leidos (LDOS)", "reason"=>"$92.7M DHS TSA obligation with $41.6M outlayed through 2026-07-13.", "trigger"=>"outlay progress beyond $41.6M"}