Federal IT & Cybersecurity Contracts — May 05, 2026

FCN, INC. secured a $242,713,808 firm fixed price obligation (potential $454,642,987 with options) from IRS IT Strategy and Modernization for Broadcom software licenses and maintenance, with $240,260,396 already outlayed since December 2022 start, indicating strong execution in a full and open competition as a woman-owned small business.

High pricing risk for FCN, INC. under firm fixed price structure for $242M IRS Broadcom software contract, with rapid $240M outlay exposing performance pressures ahead of November 30, 2026 current end date.

FCN, INC. positioned for expansion via unexercised options lifting ceiling to $454M on IRS IT modernization Broadcom contract, following full and open competition win as woman-owned small business.

IRS IT Strategy and Modernization awarded $242M firm fixed price order to FCN, INC. for Broadcom software licenses/maintenance (PSC DA01), with $240M outlayed, underscoring civilian agency focus on IT application support.

{"entity"=>"FCN, INC.", "reason"=>"$242M IRS Broadcom contract with $240M outlayed and $454M option ceiling, signaling execution strength but high firm fixed price risk.", "trigger"=>"option exercise notifications; outlay progress beyond $240M; current end date compliance Nov 30, 2026"}

{"entity"=>"IT Services Sector", "reason"=>"Civilian IRS prioritization of software maintenance via full/open competition wins like FCN's $242M award.", "trigger"=>"IRS IT modernization budget announcements"}