DHS Homeland Security Contracts — April 30, 2026

Rapiscan Systems Inc., OSI Systems, Inc. subsidiary, received an $81.4M firm fixed price obligation (base + all options $153M) from DHS/CBP for non-intrusive inspection equipment maintenance, with $42.7M already outlayed since September 2024 performance start.

General Atomics Aeronautical Systems, Inc. holds a $272.6M cost-plus fixed fee CBP contract for UAS operations/maintenance (2018-2023), but only $34.3M outlayed against $275.9M base + options value.

General Atomics Aeronautical Systems, Inc. shows low outlay progress ($34.3M vs. $272.6M obligated) on 2018-2023 CBP UAS contract, signaling potential revenue recognition delays post-performance end.

Rapiscan Systems Inc. CBP contract carries high pricing risk under firm fixed price structure, with $42.7M outlayed but $81.4M obligation over 2.6 years.

Rapiscan Systems Inc./OSI Systems, Inc. has $71.6M remaining obligation plus $71.6M options on CBP inspection equipment maintenance contract through potential 2027-08-26.

General Atomics Aeronautical Systems, Inc. UAS contract offers potential for modifications or follow-ons post-2023-04-18, given low $34.3M outlays vs. $272.6M obligation.

CBP prioritized non-competed awards for UAS operations/maintenance ($272.6M to General Atomics) and inspection equipment repair ($81.4M to Rapiscan), emphasizing ongoing support for air transport and electronic maintenance needs.

{"entity"=>"Rapiscan Systems Inc./OSI Systems, Inc.", "reason"=>"$42.7M outlayed on $81.4M obligation with $153M ceiling; track progress on firm fixed price maintenance contract.", "trigger"=>"option exercises or outlays beyond $81.4M toward 2027-04-26 end"}

{"entity"=>"General Atomics Aeronautical Systems, Inc.", "reason"=>"Low $34.3M outlay vs. $272.6M obligation on expired 2023 UAS contract.", "trigger"=>"outlay progress, post-2023-04-18 modifications, or options status"}