DHS Homeland Security Contracts — July 29, 2026

Advanced Technology Systems Company secured a $63.5 million firm-fixed-price delivery order from DHS/CBP for consolidated towers and surveillance equipment, with options up to $114.7 million through May 2029. This signals a significant small-business win in a high-tech, border security growth area.

Tutor Perini’s $97.4 million firm-fixed-price delivery order for residential duplex housing in Kodiak, AK, has only $3.0 million outlayed, leaving $94 million at risk. Remote logistics and labor costs could compress margins on this design-build project.

Tutor Perini faces high execution risk on its $97.4 million fixed-price housing contract in Kodiak, AK, a remote location with elevated logistics and labor costs. Only $3.0 million has been outlayed, meaning over $94 million in revenue is contingent on milestone completion without cost overruns.

ATSC’s $63.5 million surveillance contract has zero outlayed amount to date, indicating no revenue recognition has begun. Delays in delivery order execution or option exercises could push near-term financial impact further out.

Both contracts are civilian DHS awards, making them vulnerable to Continuing Resolution (CR) uncertainty if the government enters a CR period in fiscal 2027. DHS discretionary spending could face delays or cuts.

ATSC’s $63.5 million base contract with $114.7 million in options offers a clear growth path for a small business in homeland security surveillance. Option exercises would nearly double the contract value and signal sustained DHS investment in border technology.

Tutor Perini’s $97.4 million Coast Guard housing contract represents stable infrastructure spending, but the $94 million in unearned revenue provides a multi-year revenue stream. If executed efficiently, it could boost Tutor Perini’s federal segment backlog.

Both contracts reflect DHS investment in physical infrastructure: Tutor Perini for Coast Guard family housing and ATSC for border surveillance towers. This indicates sustained civilian agency spending on base modernization and border security technology.

{"entity" => "Tutor Perini Corporation", "reason" => "Holds $97.4 million fixed-price housing contract with high execution risk in Kodiak, AK; only $3.0 million outlayed.", "trigger" => "Quarterly earnings reports for federal segment margins and backlog updates"}

{"entity" => "Advanced Technology Systems Company", "reason" => "Won $63.5 million surveillance contract with $114.7 million in options; zero outlayed to date.", "trigger" => "Option exercise announcements or revenue recognition in quarterly filings"}

{"entity" => "DHS/CBP Air and Marine Contracting Division", "reason" => "Awarded ATSC contract; future task orders under the same IDIQ could signal broader border surveillance spending.", "trigger" => "New delivery orders or modifications to ATSC contract"}