Contract Deobligations Alert — August 24, 2026

Amentum Technology's $239.3M NASA Ames contract ended performance in August 2022. With $120M already outlayed, the remaining $119M in obligated but unspent funds faces potential deobligation or delayed execution, creating revenue uncertainty for a contract that represented an estimated $36.6M/year in historical revenue.

Lockheed Martin's $424K NASA sole-source R&D contract (PISCES III) carries low financial risk for Lockheed but signals NASA's continued reliance on sole-source awards for basic space R&D, which could reduce competitive pressure and cost efficiency over time.

While both contracts are NASA-civilian, Amentum's NASA Ames contract provides a base for the company to compete for follow-on IDIQ or re-compete awards (ATOM-4 services) at Moffett Field, which could stabilize NASA facilities support revenue.

Lockheed Martin's sole-source award for basic space R&D under PISCES III validates the company's entrenched position in NASA's space flight research ecosystem, potentially leading to larger task orders or program expansions within the same vehicle.

The Amentum $239M NASA Ames contract is a cost-plus-fixed-fee facilities support award (NAICS 561210, PSC M1JB) that expired in 2022. This profile suggests stable but non-growing revenue for NASA support contractors, as facilities operations are mission-essential but not a budget priority for expansion.

Lockheed Martin's $424K non-competitive PISCES III award (NAICS 541715, PSC AR11) signals NASA's preference for sole-source awards in basic space R&D, reinforcing Lockheed's competitive moat in space flight research.

{"entity" => "Amentum Technology, Inc.", "reason" => "Amentum's $239M NASA Ames contract is effectively complete. The company's ability to win follow-on or replacement work at Moffett Field will determine if this revenue line is replaced or lost.", "trigger" => "NASA issuance of solicitation for ATOM-4 follow-on or similar facilities support IDIQ at Ames Research Center"}

{"entity" => "Lockheed Martin Corporation", "reason" => "The $424K sole-source PISCES III award is immaterial but signals Lockheed's entrenched NASA R&D position. Any multi-million dollar modifications or option exercises under this vehicle would be a positive signal.", "trigger" => "Modification or option exercise under PISCES III - FS contract exceeding $5M"}