General Federal Contracts — August 27, 2026

Noridian's cost-plus award fee contract with CMS for Medicare Fee-For-Service support provides low-risk, stable margins on a mandatory entitlement program, with a total potential value of $573.6 million over up to 10 years.

HII's five-year time-and-materials delivery order from GSA for Navy engineering support at Pearl Harbor provides a significant recurring revenue stream, though the negative outlayed amount (-$100,687) warrants monitoring.

UnitedHealth Group's OptumRx won a $136.95M firm-fixed-price delivery order from the VA for pharmacy benefit management, but the four-month performance period and full-and-open competition suggest pricing pressure and limited revenue visibility.

Business Integra's cost-plus-fixed-fee contract with NASA Goddard ended in July 2022, with $149.3M obligated but only $98.9M outlaid, indicating potential funding gaps and no current revenue visibility from this award.

HII Mission Technologies' Navy engineering contract shows a negative outlayed amount (-$100,687), which may indicate early-stage funding adjustments or accounting errors that could signal execution or cash flow issues.

OptumRx's $137M VA PBM contract has only a four-month performance period (June–September 2025), creating high revenue concentration risk if not renewed or extended.

Management & Training Corporation's $102M Job Corps contract ends April 2024, and the full-and-open competition with no set-aside means re-compete risk is high, with potential loss of a ~$14.6M annual revenue stream.

Business Integra's expired NASA IT contract had $149.3M obligated but only $98.9M outlaid, suggesting potential budget under-execution or funding rescissions that could affect follow-on awards.

Noridian's CMS Medicare contract has options extending through 2032, providing a long-term, low-risk revenue pipeline. Option exercises would confirm sustained cash flows from mandatory entitlement spending.

HII Mission Technologies' Navy engineering contract has options that could increase total value from $157.3M to $240.1M, representing a 53% potential expansion. Option exercises would signal deepening Navy engagement.

Business Integra's expired NASA contract was an 8(a) set-aside, indicating potential for future set-aside awards at NASA Goddard. The company may have preferential access to follow-on contracts under small business preferences.

Two of five contracts (Noridian $116.8M, OptumRx $137M) totaling $253.7M are for healthcare benefits administration under CMS and VA, reflecting stable, mandatory program spending that is less vulnerable to discretionary budget cuts.

HII's $157.3M Navy engineering contract at Pearl Harbor underscores sustained DOD investment in strategic Pacific basing, though it is the only defense contract in this stream.

Business Integra's $149.3M NASA IT contract ended in 2022 with no visible follow-on, illustrating the lumpy revenue profile of civilian IT services and the importance of tracking re-compete timelines.

{"entity" => "Noridian Healthcare Solutions", "reason" => "CMS Medicare contract has $573.6M total potential value; option exercises will confirm long-term revenue visibility.", "trigger" => "CMS option exercise announcements for contract years beyond initial base period"}

{"entity" => "HII Mission Technologies Corp (Huntington Ingalls Industries)", "reason" => "Navy engineering contract has $240M ceiling; negative outlayed amount needs resolution.", "trigger" => "GSA modification announcements or option exercise for the $240M ceiling"}

{"entity" => "OptumRx (UnitedHealth Group)", "reason" => "Short four-month VA PBM contract ends September 2025; renewal or extension is critical.", "trigger" => "VA contract modification extending performance period or new VA PBM solicitation"}

{"entity" => "Management & Training Corporation", "reason" => "DOL Job Corps contract ends April 2024; re-compete outcome determines ~$14.6M annual revenue.", "trigger" => "DOL Job Corps re-compete solicitation or award announcement"}