Federal Professional Services Contracts — May 10, 2026

Firm fixed price award via full and open competition for Security Equipment Deployment Services (SEDS), with $41,642,237 outlayed to date on 4.75-year period ending 2026-07-13, equating to ~$19.5M annual revenue estimate.

Firm fixed price structure exposes Leidos to performance cost overruns on $92,709,653 obligation, with only 45% ($41,642,237) outlayed midway through period.

High pricing risk on Leidos, Inc.'s firm fixed price $92,709,653 delivery order from TSA/DHS, as structure transfers cost overrun risk to contractor with $41,642,237 outlayed to date.

Unknown competition signal on Leidos, Inc.'s full and open competition award from TSA/DHS, potentially vulnerable to re-compete post-2026.

Leidos, Inc. positioned for steady execution on $92,709,653 TSA SEDS contract through mid-2026, with $50,067,416 remaining obligation potential.

Leidos, Inc.'s $92,709,653 firm fixed price delivery order supports TSA checkpoint logistics under NAICS 541330, with $41,642,237 outlayed and 24 subawards totaling $5,998,441.

{"entity"=>"Leidos Holdings, Inc.", "reason"=>"Track outlay progress on $92,709,653 TSA contract, currently at $41,642,237 (45% of total obligation).", "trigger"=>"quarterly obligation updates exceeding pro-rata pace"}

{"entity"=>"Leidos Holdings, Inc.", "reason"=>"Monitor performance completion and subaward execution ($5,998,441 across 24 subs) on DHS/TSA SEDS order.", "trigger"=>"performance end date July 13, 2026; re-compete announcement"}