Executive Summary
These four civilian mega contracts total $1,140,800,350 in obligations with 0/4 defense-related, dominated by construction awards to Caddell Construction ($698M Dept of State office buildings), S.J. Amoroso ($177M DoD), and Whiting-Turner ($132M DHS Coast Guard pier recapitalization), alongside V3Gate's $134M VA VMware IT support. The highest-conviction bullish signal is Caddell's $698M firm fixed price award under full and open competition, signaling strong positioning in institutional construction through 2027. All contracts carry high firm fixed price execution risks, with $0 outlayed to date on the three largest ($698M + $177M + $132M), warranting close monitoring of funding progress amid early-stage obligations.
Tracking the trend? Catch up on the prior Mega Contracts Monitor ($100M+) digest from May 06, 2026.
Investment Signals (4)
- Caddell Construction Secures $698M State Dept Office Building Contract (HIGH)▲
Caddell Construction Co. (DE), LLC won a $698,061,227 firm fixed price definitive contract from Dept of State on 2022-09-23 for commercial/institutional office building construction, fully obligated over ~5 years to 2027-10-24 under full and open competition.
- S.J. Amoroso Wins $177M DoD Construction Award (MEDIUM)▲
S.J. Amoroso Construction Co., LLC received a $176,962,279 contract from Dept of Defense on 2024-12-11, highlighting competitive strength in defense-related construction despite aggregate civilian skew.
- Whiting-Turner Awarded $132M DHS Coast Guard Pier Recapitalization (MEDIUM)▲
Whiting-Turner Contracting Company secured a $131,865,944 firm fixed price delivery order from DHS Coast Guard on 2022-07-25 for Pier Papa recapitalization at USCG Base Charleston, fully obligated over ~4.3 years to 2026-11-21 under full and open competition.
- V3Gate's $134M VA VMware IT Order Advances with $82M Outlayed (LOW)▲
V3Gate, LLC, a SDVOSB, has $133,910,899 obligated on a firm fixed price VA delivery order for VMware support since 2021-10-01, with $81.7M outlayed toward $137M base + options through 2026-09-30 under SDVOSB set-aside.
Risk Flags (2)
- Execution [HIGH RISK]▼
High firm fixed price risks on Caddell ($698M State), Whiting-Turner ($132M DHS), and V3Gate ($134M VA) contracts, with performance periods extending to 2027 amid $0 outlayed on Caddell and Whiting-Turner.
- Budget [MEDIUM RISK]▼
$0 total outlayed to date on Caddell $698M (State) and Whiting-Turner $132M (DHS) despite full obligations at award, signaling early-stage funding vulnerability.
Opportunities (2)
- ◆
Caddell Construction and Whiting-Turner positioned for sustained revenue from $698M State office build and $132M DHS pier project through 2027 and 2026.
- ◆
V3Gate, LLC benefits from SDVOSB set-aside on $134M VA VMware IT order, with potential for options toward $137M base + all.
Sector Themes (2)
- ◆
Three of four contracts ($698M Caddell State office buildings, $177M S.J. Amoroso DoD, $132M Whiting-Turner DHS pier) focus on NAICS 236220 institutional/non-building construction under full/open competition, totaling over $1B obligated.
- ◆
V3Gate's $134M SDVOSB-set-aside VMware support order for VA shows $82M outlayed progress on 5-year IT services (PSC DA10).
Watch List (3)
- 👁
{"entity"=>"Caddell Construction Co. (DE), LLC", "reason"=>"$698M State Dept contract with $0 outlayed despite full obligation since 2022-09-23", "trigger"=>"outlay initiation and performance updates through 2027-10-24"}
- 👁
{"entity"=>"Whiting-Turner Contracting Company", "reason"=>"$132M DHS Coast Guard pier order fully obligated but $0 outlayed to date", "trigger"=>"funding progress and scope modifications by 2026-11-21"}
- 👁
{"entity"=>"V3Gate, LLC", "reason"=>"$134M VA order at $82M outlayed with options to $137M", "trigger"=>"option exercises by 2026-09-30"}
Get daily alerts with 4 investment signals, 2 risk alerts, 2 opportunities and full AI analysis of all 4 filings
More from: Mega Contracts Monitor ($100M+)
🇺🇸 More from United States
View all →May 07, 2026
Nasdaq 100 Stocks SEC Filings — May 07, 2026
Nasdaq 100 Stocks SEC Filings
May 07, 2026
General Federal Contracts — May 07, 2026
General Federal Contracts
May 07, 2026
US Merger & Acquisition SEC Filings — May 07, 2026
US Merger & Acquisition SEC Filings
May 07, 2026
US Corporate Board Director Changes SEC Filings — May 07, 2026
US Corporate Board Director Changes SEC Filings