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Mega Contracts Monitor ($100M+) — May 16, 2026

Mega Contracts Monitor ($100M+)

By Gunpowder Editorial ·

3 total filings analysed

Executive Summary

The three contracts total $1,363,309,712 in obligations across zero defense awards and three civilian awards. The dominant theme is large-scale civilian IT and infrastructure modernization led by the Department of Veterans Affairs ($502M Oracle award), Department of State ($545M BL Harbert award), and Department of the Treasury ($316M Lancer award).

Highest-conviction signal is the bullish 7/10 rating on Lancer Information Solutions' firm-fixed-price Salesforce delivery order with $232M already outlayed. Key risk or watch item is zero outlays to date on the $502M Oracle Health EHRM and $545M BL Harbert contracts despite full obligation.

Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →

Tracking the trend? Catch up on the prior Mega Contracts Monitor ($100M+) digest from May 15, 2026.

Investment Signals (1)

  • Lancer Information Solutions wins $316M Treasury Salesforce order with $232M outlayed (HIGH)

    Lancer Information Solutions, LLC received a firm fixed price delivery order for $316,242,190 (base-plus-options $502M) under NAICS 541519 from Treasury Departmental Offices, with $231,887,389 already outlayed and potential end date 2028-04-14.

Risk Flags (1)

  • Execution [HIGH RISK]

    Oracle Health Government Services $502M firm-fixed-price VA EHRM delivery order shows zero outlays to date despite full obligation and 2027-05-16 end date, creating material performance and cash-flow risk.

Opportunities (1)

  • Lancer Information Solutions, a small U.S.-owned business, secured a competed Treasury IT services award with $502M base-plus-options value, positioning the firm for further civilian IT expansion.

Sector Themes (1)

  • Large firm-fixed-price awards for EHRM licenses (Oracle/VA) and Salesforce services (Lancer/Treasury) alongside a $545M State Department construction contract highlight continued civilian agency spending on IT platforms and overseas facilities.

Watch List (2)

  • 👁

    {"entity"=>"Oracle Health Government Services, Inc.", "reason"=>"Zero outlays on $502M VA EHRM obligation despite 2027 end date", "trigger"=>"VA outlay reporting or contract modification announcements"}

  • 👁

    {"entity"=>"Lancer Information Solutions, LLC", "reason"=>"$316M Treasury obligation with $502M ceiling and small-business status", "trigger"=>"option exercise decisions before 2027-04-14"}

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