Executive Summary
Two DHS Coast Guard contracts totaling $235,798,681 in obligations highlight manufacturing opportunities in aircraft modification and shipbuilding, with a 0/2 defense split indicating purely civilian exposure. The highest materiality award ($83.9M to Birdon America Inc. for Inland Buoy Tender WLR 1801) provides the strongest bullish signal for near-term vessel production growth through 2028.
L3Harris Technologies Integrated Systems L.P.'s $151.9M C-130 Minotaur missionization contract offers multi-year revenue visibility into 2024 despite its age. Dominant theme is Coast Guard sustainment of maritime and air assets via full and open competition. Key risk is high pricing risk under firm-fixed-price structures with $0 outlayed to date across both, warranting watches on funding progress.
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Tracking the trend? Catch up on the prior Defense Manufacturing Contracts digest from April 16, 2026.
Investment Signals (2)
- Birdon America Inc. Secures $83.9M Coast Guard Inland Buoy Tender Delivery Order (MEDIUM)▲
Birdon America Inc., a small disadvantaged business, won an $83,883,643 firm-fixed-price delivery order for WLR 1801 shipbuilding with performance from 2025-06-17 to 2028-03-22 via full and open competition, signaling ~$30.4M annual revenue potential.
- L3Harris Technologies Integrated Systems L.P. Awarded $151.9M C-130 Missionization Contract (MEDIUM)▲
L3Harris Technologies, Inc. parent entity received a $151,915,038 firm-fixed-price contract for C-130 Minotaur modifications from 2015-09-25 to 2024-01-31, with ~$18M estimated annual revenue and $119M net retention after $32.7M subawards.
Risk Flags (1)
- Execution [HIGH RISK]▼
Both contracts carry high pricing risk under firm-fixed-price terms with $0 outlayed to date, exposing Birdon America Inc. and L3Harris Technologies Integrated Systems L.P. to cost overruns on Coast Guard projects.
Opportunities (2)
- ◆
Birdon America Inc. gains substantial future revenue from $83.9M Coast Guard buoy tender build, leveraging small disadvantaged business status in full and open competition.
- ◆
L3Harris Technologies, Inc. benefits from fully funded $151.9M C-130 contract through 2024, with potential follow-on awards in aircraft modification.
Sector Themes (1)
- ◆
Coast Guard awarded $235.8M across shipbuilding (Birdon America Inc., NAICS 336611) and aircraft modification (L3Harris Technologies Integrated Systems L.P., NAICS 336411), both via full and open competition with no set-asides.
Watch List (3)
- 👁
{"entity"=>"Birdon America Inc.", "reason"=>"$83.9M delivery order with $0 outlayed and high pricing risk through 2028-03-22 performance.", "trigger"=>"total outlayed progression, contract modifications, option exercises"}
- 👁
{"entity"=>"L3Harris Technologies, Inc.", "reason"=>"$151.9M contract with $0 outlayed and $32.7M subawards, nearing 2024-01-31 end.", "trigger"=>"performance completion by 2024-01-31, follow-on awards"}
- 👁
{"entity"=>"DHS Coast Guard", "reason"=>"Concentration of $235.8M manufacturing awards to two contractors signals potential for additional vessel/aircraft task orders.", "trigger"=>"new awards or re-competes post-2028"}
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