Significant Contract Modifications ($10M+) — April 25, 2026

J.E. Dunn Construction Company's $151.5M firm fixed price definitive contract (base + options $158.6M) for FDA Building 22 at Denver Federal Center, awarded March 2023 via full/open competition, provides ~$25M annual revenue through 2029 despite only $678K outlayed.

Whiting-Turner Contracting Company's $137.8M firm fixed price delivery order for CERCLA cleanup and waterfront recap at Coast Guard Base Seattle supports Polar Security Cutters homeporting, with ~$38M annual est. over 3.6 years to 2029-04-09 and $0 outlayed.

Veterans EZ Info Inc.'s $117.3M time-and-materials delivery order (ceiling $158.4M) set aside for Service Disabled Veteran Owned Small Business for VA Community Care DevSecOps, with $31.7M outlayed and potential to 2030, est. ~$23M/year.

Hensel Phelps Construction Co's $127.6M firm fixed price delivery order for NIH building construction in Hamilton, MT, through 2027-10-31, with $36.9M outlayed and est. ~$38M annual over 3.3 years.

Birdon America Inc.'s $83.9M firm fixed price delivery order as small disadvantaged business for Inland Buoy Tender WLR 1801, performance 2025-2028 est. ~$30.4M/year, $0 outlayed.

Leidos Inc.'s $74.5M labor hours delivery order (ceiling $100M) for NHLBI ARPA-H IT services, 2023-2026 with $57M outlayed, est. ~$24.8M/year.

L3Harris Technologies Integrated Systems L.P.'s 2015 $151.9M firm fixed price for Coast Guard C-130 Minotaur, fully funded through 2024 with $119M net retention est., but $0 outlayed signals completion lag.

High fixed-price risk on construction awards like Whiting-Turner $137.8M DHS delivery order ($0 outlayed), J.E. Dunn $151.5M GSA contract ($678K outlayed), and Birdon $83.9M buoy tender ($0 outlayed), with non-linear spending profiles.

Low/no outlays on recent awards like Hensel Phelps $127.6M NIH ($36.9M outlayed but pacing uncertain) and Veterans EZ $117.3M VA ($31.7M early but T&M structure), vulnerable to civilian agency reallocations.

Coast Guard recapitalization via Whiting-Turner $137.8M base cleanup and Birdon $83.9M buoy tender positions DHS vessel/infrastructure contractors for follow-ons.

Veterans EZ Info Inc. $117.3M SDVOSB set-aside VA DevSecOps delivery order (ceiling $158M) offers protected multi-year IT revenue to 2030.

Leidos Inc. dual HHS wins ($84.1M NIH OCSE + $74.5M NHLBI ARPA-H, combined $158.7M obligations) signal steady civilian health IT expansion.

Three awards totaling $373.6M: L3Harris $151.9M C-130 missionization, Whiting-Turner $137.8M Base Seattle cleanup for Polar Cutters, Birdon $83.9M Inland Buoy Tender, all firm fixed price via full/open competition.

High-materiality fixed-price wins: J.E. Dunn $151.5M GSA FDA lab to 2029, Hensel Phelps $127.6M NIH buildings to 2027, signaling federal facility buildout.

Leidos $158.7M combined HHS IT (NIH OCSE $84.1M, ARPA-H $74.5M), Veterans EZ $117.3M VA DevSecOps, Skyward $80M CMS data center support.

{"entity"=>"Whiting-Turner Contracting Company", "reason"=>"$137.8M DHS delivery order with $0 outlayed and firm fixed price execution risks to 2029-04-09.", "trigger"=>"outlay progress from $0"}

{"entity"=>"Leidos Holdings, Inc.", "reason"=>"Dual HHS awards totaling $158.7M obligations with $122.4M outlayed; remaining options to $200M+ combined ceilings.", "trigger"=>"option exercises on NIH OCSE ($16.5M) and ARPA-H ($25.5M)"}

{"entity"=>"U.S. Coast Guard (DHS)", "reason"=>"$373.6M across L3Harris, Whiting-Turner, Birdon for recap/vessels; potential follow-ons post-2024/2028/2029.", "trigger"=>"modifications or new awards post-performance ends"}

{"entity"=>"Veterans EZ Info Inc.", "reason"=>"$117.3M VA SDVOSB set-aside with $31.7M outlayed early; ceiling to $158M by 2030.", "trigger"=>"subaward payments and option exercises"}