New Federal Contractors — August 27, 2026

Noridian won a cost-plus award fee contract with CMS worth $116.8M initially, with a total potential value of $573.6M over up to 10 years. The cost-plus structure minimizes profit risk and provides stable, recurring revenue from a mandatory entitlement program.

HII, a subsidiary of Huntington Ingalls Industries, secured a $157.3M delivery order (up to $240.1M with options) from the GSA for Navy engineering services in Pearl Harbor. This five-year, time-and-materials contract provides a substantial, recurring revenue stream for HII.

OptumRx won a $136.9M firm-fixed-price delivery order from the VA for pharmacy benefit management, but the contract covers only four months (June–September 2025). The fixed-price structure shifts cost risk to OptumRx, and the short duration limits revenue visibility.

Business Integra's $149.3M obligated NASA contract for IT support at Goddard Space Flight Center ended in July 2022. While the cost-plus-fixed-fee structure provided stable margins, the contract's expiration creates a revenue gap with no immediate follow-on visibility.

OptumRx faces margin pressure on its $136.9M firm-fixed-price VA PBM contract due to the short, four-month performance period and competitive PBM market.

HII Mission Technologies Corp's $157.3M Navy contract has a negative outlayed amount (-$100,687), suggesting potential accounting issues or early-stage funding adjustments that could affect cash flow.

Management & Training Corporation's $102.1M DOL Job Corps contract ends in April 2024, and the full-and-open competition means the re-compete could be lost to a competitor, threatening a steady revenue stream.

Noridian Healthcare Solutions' CMS contract for Medicare Fee-For-Service support has a total potential value of $573.6M over 10 years, with option exercises providing a clear catalyst for long-term revenue growth.

HII Mission Technologies Corp's $157.3M Navy engineering contract has options that could increase total value to $240.1M, with Pearl Harbor as a strategic location for ongoing naval support.

Business Integra Technology Solutions' expired NASA contract was an 8(a) set-aside, indicating potential for future set-aside awards at NASA or other agencies, though the company must win new contracts to replace the lost revenue.

Three of five contracts (Noridian, OptumRx, Management & Training Corp) totaling $355.8M are in civilian healthcare or social services, reflecting sustained federal spending on Medicare, VA benefits, and job training programs.

Only one of five contracts ($157.3M, 24% of total value) is defense-related (HII Mission Technologies), indicating a civilian-heavy procurement period. This contrasts with typical defense-focused digests.

{"entity" => "Noridian Healthcare Solutions, LLC", "reason" => "Large CMS contract with $573.6M potential value; option exercises are key for revenue visibility.", "trigger" => "Option exercise announcements for the CMS contract"}

{"entity" => "OptumRx / UnitedHealth Group", "reason" => "Short-duration VA PBM contract; any extension or re-compete win would signal sustained federal PBM revenue.", "trigger" => "VA contract modifications or new PBM awards beyond September 2025"}

{"entity" => "Management & Training Corporation", "reason" => "DOL Job Corps contract ending April 2024; re-compete outcome determines revenue stream continuity.", "trigger" => "Re-compete announcement or award for Los Angeles Job Corps Center"}

{"entity" => "HII Mission Technologies Corp / Huntington Ingalls Industries", "reason" => "Negative outlay on Navy contract needs resolution; option exercises signal contract expansion.", "trigger" => "Negative outlay resolution and option exercise announcements"}