DHS Homeland Security Contracts — March 19, 2026

Three contracts totaling $331M for radiation/inspection systems (Rapiscan, Smiths Detection, Leidos) with 45-55% outlayed provide long-term revenue through 2027-2033.

Two awards totaling $143M (Steampunk, General Dynamics IT) for HR/enterprise ops show rapid outlay progress (29-55%) and ceilings up to $124M+.

Firm fixed price dominates four contracts ($399M total), exposing providers to cost overruns on multi-year hardware delivery/maintenance.

Non-competed Leidos award ($67M obligated, $250M ceiling) signals sole-source dependency; IT options ($50M+ unexercised) not guaranteed.

$183M unexercised options on Leidos maintenance contract plus extensions across all to 2027-2033.

CBP's $331M commitment to detection tech amid border enforcement needs; steady outlays signal follow-on potential.

80% of value ($380M) to CBP for hardware maintenance/IT vs. USCIS, emphasizing border tech over immigration ops.

Detection contracts bundle maintenance/services (e.g., Leidos RDE/NII), blending NAICS 334517/811210 with 541512.

{"entity"=>"OSI Systems (Rapiscan)", "reason"=>"$186M award is 40% of stream; 71% outlayed with 2033 potential.", "trigger"=>"Q1 FY27 outlays >$10M or extension notice"}

{"entity"=>"Leidos", "reason"=>"$183M options upside on non-competed CBP maintenance.", "trigger"=>"Option exercise >$50M"}

{"entity"=>"CBP FY27 budget", "reason"=>"Drives 80% of contracts; signals broader DHS enforcement spend.", "trigger"=>"Increase >10% YoY"}