DHS Homeland Security Contracts — June 26, 2026

Smiths Detection won a firm-fixed-price delivery order for computed tomography checkpoint screening systems, with a base-plus-options ceiling of $702.5 million through 2034, signaling sustained revenue visibility and strong government commitment (TSA modernization).

Vertex Aerospace’s $79.7 million delivery order for screening equipment deployment services has a performance period ending February 2027, with $47.6 million already outlaid and $32.2 million remaining, creating a near-term re-compete catalyst for logistics support providers.

Both contracts are firm-fixed-price delivery orders, meaning Smiths Detection ($83.1M initial) and Vertex Aerospace ($79.7M) bear cost overrun risk if deployment or manufacturing costs exceed estimates, particularly given supply chain volatility in advanced CT systems.

Smiths Detection is a foreign-owned entity under full and open competition; changes in U.S. trade policy or Buy American provisions could threaten future option exercises on the $702.5 million ceiling contract.

Vertex Aerospace’s $79.7 million contract has only $47.6 million outlaid as of the analysis date; the remaining $32.2 million may be at risk if TSA budgets face continuing resolution constraints or modernization reprioritization.

Smiths Detection’s $702.5 million ceiling contract for CT checkpoint screening systems aligns with TSA’s modernization priorities, offering up to 11 years of revenue visibility and potential for follow-on orders as airports upgrade security infrastructure.

Vertex Aerospace’s $79.7 million screening equipment deployment contract ends February 2027, creating a re-compete opportunity for logistics support providers; incumbents with proven performance may have an edge, but full and open competition invites bids from peers.

Both contracts involve TSA investment in advanced screening equipment and deployment services, with Smiths Detection’s CT systems contract ($702.5M ceiling) and Vertex Aerospace’s logistics support ($79.7M) underscoring a multi-year push to upgrade airport security infrastructure.

{"entity"=>"Smiths Detection Inc.", "reason"=>"Holds $702.5M ceiling contract for CT screening systems; option exercises will determine actual revenue realization and signal TSA commitment.", "trigger"=>"Option exercise announcements; FY2027 TSA budget request"}

{"entity"=>"Vertex Aerospace LLC", "reason"=>"Contract ends Feb 2027 with $32.2M un-obligated; re-compete will test competitive position and could shift market share.", "trigger"=>"Pre-solicitation notices in late 2026; contract end date Feb 2027"}

{"entity"=>"Transportation Security Administration (TSA)", "reason"=>"Dominant agency in this digest; budget trends and modernization priorities directly impact both contractors.", "trigger"=>"FY2027 DHS budget release; CR resolution timeline"}