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DHS Homeland Security Contracts — April 10, 2026

DHS Homeland Security Contracts

By Gunpowder Editorial ·

2 total filings analysed

Executive Summary

DHS awarded two civilian contracts totaling $142,112,132 with no defense exposure, focused on U.S. Customs and Border Protection (CBP) IT network management and U.S. Immigration and Customs Enforcement (ICE) detention services.

The highest-conviction signal is bullish on THE GEO GROUP, INC. for its $59,993,453 firm fixed price delivery order, signaling sustained ICE detention needs with $47,096,715 already outlayed in under six months. PERATON ENTERPRISE SOLUTIONS LLC's $82,118,679 ongoing order provides revenue visibility through 2027 but is neutral due to 97.6% subawards of outlayed funds. Dominant theme is DHS operational sustainment in IT and facilities support. Key risk is Peraton's high subcontracting exposure and GEO's firm fixed price performance risk through October 2025.

Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →

Tracking the trend? Catch up on the prior DHS Homeland Security Contracts digest from April 09, 2026.

Investment Signals (2)

  • THE GEO GROUP, INC. Secures $59,993,453 DHS ICE Detention Order (MEDIUM)

    THE GEO GROUP, INC. won a firm fixed price delivery order for detention, transportation, and medical services at the Denver (Aurora) facility, with $47,096,715 outlayed to date under full and open competition, implying strong execution and ICE demand through October 2025.

  • PERATON ENTERPRISE SOLUTIONS LLC $82M CBP IT Network Management Renewal Visibility (MEDIUM)

    PERATON ENTERPRISE SOLUTIONS LLC's delivery order for IGF network management support, obligated at $82,118,679 with $36,448,891 outlayed since 2017, offers ~$8.6M annual revenue estimate through 2027 but tempered by $35,583,265 in 67 subawards representing 97.6% of outlays.

Risk Flags (2)

  • Execution [HIGH RISK]

    PERATON ENTERPRISE SOLUTIONS LLC faces high subcontracting risk with $35,583,265 across 67 subawards equating to 97.6% of $36,448,891 outlayed on its DHS CBP IT order.

  • Execution [HIGH RISK]

    THE GEO GROUP, INC.'s $59,993,453 firm fixed price order carries high performance risk for detention services through October 2025.

Opportunities (2)

  • THE GEO GROUP, INC. potential for ICE detention contract extensions given rapid $47M outlay pace on $60M base.

  • PERATON ENTERPRISE SOLUTIONS LLC upside from exercise of $20,267,362 unexercised options on DHS CBP IT order to reach $102M ceiling.

Sector Themes (2)

  • PERATON ENTERPRISE SOLUTIONS LLC's $82M obligation underscores ongoing CBP demand for IT network management (PSC D316) spanning 9.5 years.

  • THE GEO GROUP, INC.'s $60M firm fixed price award for Aurora facility services with rapid outlays signals persistent ICE operational needs.

Watch List (2)

  • 👁

    {"entity"=>"PERATON ENTERPRISE SOLUTIONS LLC", "reason"=>"Track $20.3M option exercise and outlay progress beyond $36.4M on $82M DHS CBP IT order amid high subawards.", "trigger"=>"option exercise, 2027-04-12 end date"}

  • 👁

    {"entity"=>"THE GEO GROUP, INC.", "reason"=>"$47M outlayed on $60M ICE detention order; monitor remaining execution.", "trigger"=>"outlay completion, 2025-10-15 end date"}

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