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DHS Homeland Security Contracts — April 25, 2026

DHS Homeland Security Contracts

By Gunpowder Editorial ·

4 total filings analysed

Executive Summary

DHS obligated $448,341,387 across 4 civilian contracts (0/4 defense-related) from April 25, 2026 data, dominated by U.S. Coast Guard awards totaling ~$373.6M (83%) for infrastructure recapitalization, vessel construction, and aircraft missionization. Highest-conviction bullish signal is Whiting-Turner Contracting Company's $137.8M firm-fixed price delivery order for Base Seattle CERCLA clean-up and waterfront recapitalization through 2029, supporting Polar Security Cutters homeporting.

L3Harris Technologies and Birdon America also secure multi-year Coast Guard revenue streams of $151.9M and $83.9M respectively, while General Dynamics IT's $74.7M USCIS IT contract is neutral and historical. Key risk: $0 outlays across all contracts despite obligations, coupled with high firm-fixed price execution risk on top three awards.

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Tracking the trend? Catch up on the prior DHS Homeland Security Contracts digest from April 23, 2026.

Investment Signals (4)

  • Whiting-Turner Wins $137.8M Coast Guard Base Seattle Recapitalization (HIGH)

    Whiting-Turner Contracting Company secured a $137,821,964 firm-fixed price delivery order via full and open competition for CERCLA clean-up and waterfront recapitalization at Base Seattle, with ~$38M annual revenue potential through 2029-04-09.

  • Birdon America Secures $83.9M Coast Guard Inland Buoy Tender (MEDIUM)

    Birdon America Inc, a small disadvantaged business, won an $83,883,643 firm-fixed price delivery order for WLR 1801 construction via full and open competition, projecting ~$30.4M annual revenue over ~2.75 years to 2028-03-22.

  • L3Harris Technologies Gains $151.9M C-130 Missionization Contract (MEDIUM)

    L3Harris Technologies Integrated Systems L.P. (parent L3Harris Technologies, Inc.) was awarded $151,915,038 firm-fixed price contract for Coast Guard C-130 Minotaur missionization via full and open competition, with ~$18M annual revenue through 2024-01-31 and ~$119M net retention after $32.7M subawards.

  • General Dynamics IT Holds $74.7M USCIS IT Services Obligation (LOW)

    General Dynamics Information Technology, Inc. (General Dynamics Corp subsidiary) has $74,720,741 obligated (ceiling $77.5M) cost-plus incentive fee delivery order for USCIS Verification Information System O&M, with ~$15M gross annual over ~5 years but $17M subawards and $0 outlayed.

Risk Flags (2)

  • Execution [HIGH RISK]

    High firm-fixed price risk on $373.6M Coast Guard contracts to Whiting-Turner ($137.8M), Birdon ($83.9M), and L3Harris ($151.9M) with $0 outlays and performance through 2029.

  • Budget [MEDIUM RISK]

    $0 total outlays across all $448M obligations, including historical L3Harris (2015) and General Dynamics IT (2011) contracts potentially signaling stalled execution.

Opportunities (2)

  • Coast Guard infrastructure recapitalization via Whiting-Turner $137.8M Base Seattle project supporting Polar Security Cutters homeporting.

  • Coast Guard vessel programs with Birdon America $83.9M buoy tender and potential L3Harris follow-ons post-2024 C-130 missionization.

Sector Themes (2)

  • Three Coast Guard contracts totaling $373.6M focus on waterfront cleanup (Whiting-Turner $137.8M), buoy tender construction (Birdon $83.9M), and C-130 aircraft missionization (L3Harris $151.9M), all firm-fixed price via full/open competition.

  • General Dynamics IT's $74.7M USCIS O&M delivery order (cost-plus, full/open competition) provides historical but low-materiality exposure with $0 outlays.

Watch List (4)

  • 👁

    {"entity"=>"Whiting-Turner Contracting Company", "reason"=>"$137.8M Base Seattle delivery order with $0 outlays and high firm-fixed pricing risk through 2029.", "trigger"=>"outlay progress, 2029-04-09 performance end date"}

  • 👁

    {"entity"=>"Birdon America Inc", "reason"=>"$83.9M buoy tender with $0 outlays, early-stage execution from 2025-06-17.", "trigger"=>"outlay progression, modifications toward 2028-03-22"}

  • 👁

    {"entity"=>"L3Harris Technologies, Inc. (LHX)", "reason"=>"$151.9M C-130 contract fully funded to 2024 but $0 outlayed; post-2024 follow-on potential.", "trigger"=>"outlay progress, 2024-01-31 completion, follow-on awards"}

  • 👁

    {"entity"=>"General Dynamics Corp (GD)", "reason"=>"$74.7M USCIS IT obligation with $0 outlays and expired 2016 potential end date.", "trigger"=>"outlay progress, option exercise to $77.5M ceiling"}

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