New Federal Contractors — April 30, 2026

Caddell Construction Co. (DE), LLC won a $328,507,039 firm fixed-price contract for Praia, Cape Verde embassy construction via full/open competition, fully obligated over ~4 years with $80M annual est., signaling established position in NAICS 236220 building construction.

Booz Allen Hamilton Inc received $254,534,977 obligation (base + options $256.9M) for IT services under NAICS 541511, with $179.6M outlayed to date via full/open competition, providing ~$46M annual revenue through Jan 2025.

Rapiscan Systems Inc (OSI Systems subsidiary) awarded $81,416,250 firm fixed-price non-competed contract for non-intrusive inspection equipment maintenance (NAICS 811210), with $42.7M outlayed and potential to $153M base + options through 2027.

General Atomics Aeronautical Systems Inc holds $272,580,354 cost-plus-fixed-fee obligation for CBP UAS operations/maintenance, but only $34.3M outlayed post-2023 end, limiting near-term revenue recognition.

High fixed-price risk on Caddell Construction's $328.5M State embassy contract with $0 outlayed to date, Inmar RX's $100.3M HHS waste disposal ($24.7M outlayed), and Rapiscan's $81.4M DHS maintenance ($42.7M outlayed).

Zero outlays on Caddell $328.5M despite full obligation; low outlays on General Atomics $272.6M (34.3M) post-2023 end signal potential delays in revenue realization.

Booz Allen Hamilton's NSF IT order has $2.45M additional ceiling via options and $75M remaining obligation post-$179.6M outlays through 2025.

Rapiscan (OSI) DHS contract potential to $153M base + options from current $81.4M obligation, with outlay ramp beyond $42.7M.

Boston University HHS BARDA R&D contract options to $285.8M from $150.8M obligation, with $75.5M outlayed and subawards at $63.7M.

DHS/CBP awarded $272.6M to General Atomics for UAS services (completed 2023, low outlays) and $81.4M to Rapiscan for inspection equipment maintenance through 2027.

HHS issued $150.8M to Boston University for BARDA antibacterial R&D (to 2029) and $100.3M to Inmar RX for medical waste disposal (to 2026/2027).

{"entity"=>"Caddell Construction", "reason"=>"$328.5M State embassy contract with $0 outlayed despite full obligation; ~$80M annual est. over 4 years.", "trigger"=>"outlay progress and modifications to 2028-11-08 end"}

{"entity"=>"Booz Allen Hamilton (BAH)", "reason"=>"$254.5M NSF IT obligation with $179.6M outlayed; $2.45M options ceiling.", "trigger"=>"option exercise and progress to full obligation by 2025-01-15"}

{"entity"=>"OSI Systems (OSIS)", "reason"=>"Rapiscan $81.4M DHS obligation ($42.7M outlayed) with $153M ceiling potential.", "trigger"=>"option exercise toward 2027-04/08 ends"}