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DHS Homeland Security Contracts — May 16, 2026

DHS Homeland Security Contracts

By Gunpowder Editorial ·

1 total filings analysed

Executive Summary

The May 16, 2026 period contains a single $16,409,442 obligation entirely from the civilian DHS U.S. Coast Guard, with zero defense-related awards. Lockheed Martin Corporation received the sole-source firm-fixed-price delivery order for two maritime communication controller systems supporting National Security Cutters, including non-recurring engineering and testing in Moorestown, NJ.

The dominant theme is Coast Guard C5I modernization via a civilian-agency delivery order under NAICS 334290. Highest-conviction signal is neutral at 4/10 strength and 3/10 materiality. Key risk item is the high pricing risk embedded in the firm-fixed-price structure combined with a multi-year performance period and $0 outlayed to date as of the May 14, 2026 award.

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Tracking the trend? Catch up on the prior DHS Homeland Security Contracts digest from May 14, 2026.

Investment Signals (1)

  • Lockheed Martin $16.4M DHS Coast Guard firm-fixed-price award carries high pricing risk (MEDIUM)

    Lockheed Martin was awarded a $16,409,442 sole-source firm-fixed-price delivery order for two maritime communication controller systems with performance through January 2028 and $0 obligated outlay as of award.

Risk Flags (1)

  • Execution [MEDIUM RISK]

    Lockheed Martin faces firm-fixed-price execution risk on the $16,409,442 Coast Guard C5I delivery order with no outlays recorded and performance extending to 2028-01-14.

Sector Themes (1)

  • The $16,409,442 sole-source award funds two maritime communication controller systems plus non-recurring engineering and legacy integration for National Security Cutters under PSC N059.

Watch List (1)

  • 👁

    {"entity"=>"Lockheed Martin Corporation", "reason"=>"Sole-source $16.4M firm-fixed-price delivery order for Coast Guard National Security Cutter comms systems with zero outlays recorded.", "trigger"=>"2026-05-15 performance start and first factory acceptance testing milestone"}

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