Executive Summary
Three DHS contracts totaling $90,997,880 in obligations were reviewed, all civilian with zero defense-related awards.
The dominant theme is DHS civilian security and infrastructure spending: VMD Systems Integrators, LLC received a $34,998,692 TSA airport screening delivery order (Orlando Sanford, FL), Whiting-Turner Contracting Company, THE received a $31,618,380 FFP construction delivery order from FLETC for the B280 Strength & Conditioning Complex, and Deloitte Consulting LLP received a $24,380,808 SBIR/STTR award whose scope is not described in the data. Average signal strength is 3.3/10 and all three signals are rated neutral, so no contract on its own supports a strong directional thesis. The highest-conviction observation is the Whiting-Turner project, which is 86.5% outlaid ($27,363,319) against a 2027-03-30 end date, indicating active, well-advanced performance. The key watch item is the Deloitte SBIR/STTR award, whose $24,380,808 value is inconsistent with typical SBIR program sizes and whose data record is incomplete, so its significance cannot be assessed from this digest.
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Tracking the trend? Catch up on the prior DHS Homeland Security Contracts digest from October 11, 2026.
Investment Signals (3)
- VMD Systems Integrators, LLC: $34,998,692 TSA airport screening delivery order (MEDIUM)▲
The obligation is about 53.5% of the $65,383,082 base-plus-options value, with $17,253,155 outlaid (about 49% of the obligation) through a current end of 2027-10-31. Full and open competition with no set-aside means the award reflects general market competition.
- Whiting-Turner Contracting Company, THE: $31,618,380 FLETC construction delivery order (MEDIUM)▲
With $27,363,319 outlaid (about 86.5%) and a 2027-03-30 end date, remaining unoutlaid value is about $4.25M. Public trading status of Whiting-Turner is not established in the data, so materiality to investors cannot be confirmed.
- Deloitte Consulting LLP: $24,380,808 DHS SBIR/STTR award (incomplete record) (LOW)▲
The record provides only the award value and type, with no scope, outlay, or pricing data. The value is large for a typical SBIR/STTR award, so the record should be verified against the source before any position is taken.
Risk Flags (3)
- Execution [MEDIUM RISK]▼
Deloitte Consulting LLP's $24,380,808 SBIR/STTR award has no disclosed scope, outlay, or delivery data, and its value is atypical for SBIR/STTR, so execution and classification cannot be evaluated.
- Budget [MEDIUM RISK]▼
VMD Systems Integrators, LLC's $30.4M of unobligated potential value on the TSA order depends on option exercise and incremental funding, which are subject to appropriations timing.
- Execution [LOW RISK]▼
Whiting-Turner Contracting Company, THE carries firm-fixed-price cost-overrun exposure on the FLETC project with about $4.25M remaining to be outlaid.
Opportunities (2)
- ◆
VMD Systems Integrators, LLC could see revenue expansion if TSA exercises options toward the $65,383,082 base-plus-options value, which would add roughly $30.4M.
- ◆
The FLETC B280 project signals continued DHS investment in law-enforcement training infrastructure, which may support follow-on construction work for Whiting-Turner Contracting Company, THE.
Sector Themes (1)
- ◆
All three awards, totaling $90,997,880, are civilian DHS procurements spanning airport security screening (TSA), training-facility construction (FLETC), and consulting/research (SBIR/STTR). The data does not include multi-year agency trend information, so this is a snapshot rather than a confirmed budget trend.
Watch List (3)
- 👁
{"entity" => "VMD Systems Integrators, LLC", "reason" => "$34,998,692 obligation against a $65,383,082 base-plus-options value, with about 49% outlaid, leaves roughly $30.4M of potential growth.", "trigger" => "TSA option exercise and incremental funding ahead of 2027-10-31"}
- 👁
{"entity" => "Whiting-Turner Contracting Company, THE", "reason" => "86.5% of the $31,618,380 obligation is outlaid, with about $4.25M remaining before the 2027-03-30 end date; public status is unconfirmed.", "trigger" => "Project completion, change orders, or modifications before 2027-03-30"}
- 👁
{"entity" => "Deloitte Consulting LLP", "reason" => "The $24,380,808 SBIR/STTR record lacks scope and outlay data and its value is atypical for the program.", "trigger" => "Verification of the award record and disclosure of scope and outlay data"}
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