Significant Contract Modifications ($10M+) — April 26, 2026

Barnard Construction Company, Incorporated received a $1,585,324,926 modification from Department of Homeland Security, the period's highest materiality (8/10) contract signaling strong civilian infrastructure demand.

CGI Federal Inc. (parented by The Timken Company) awarded $147,239,431 GSA delivery order (base + options $289,432,406) for computer systems design under full and open competition, with low pricing risk and 53 subawards totaling $87M.

Potomac Electric Power Co awarded $168,075,608 federal grant from Department of Health and Human Services, a neutral signal with moderate materiality (4/10) but unknown competitive details.

Lockheed Martin Corporation received $6,652,501 GSA firm fixed price delivery order (base + options $7,765,666) for F16 networked simulators via full and open competition, low materiality (1/10) with high pricing risk.

Zero outlays to date on CGI Federal Inc.'s $147M GSA task order and Lockheed Martin Corporation's $6.7M GSA order, despite performance periods starting May 2024 and Jan 2024 respectively.

High contract pricing risk on Lockheed Martin Corporation's $6.7M firm fixed price GSA award for F16 simulators, with performance ending October 2025.

CGI Federal Inc.'s GSA CDM Defend Group C Bridge Task Order offers upside to $289M base + options ceiling from current $147M obligation.

Barnard Construction Company, Incorporated's $1.585B DHS award provides scale in civilian infrastructure, despite unknown revenue or competition details.

DHS's $1.585B to Barnard Construction underscores infrastructure priority, while GSA's $147M to CGI Federal (IT systems design, 53 subawards $87M) and $6.7M to Lockheed highlight bridge task orders for federal IT support.

{"entity"=>"CGI Federal Inc.", "reason"=>"$147M GSA obligation with base + options to $289M and $0 outlayed to date; 53 subawards $87M signal subcontracting flow-through.", "trigger"=>"option exercise progress, outlay spending ramp-up from current $0"}

{"entity"=>"Lockheed Martin Corporation", "reason"=>"$6.7M GSA firm fixed price order for F16 simulators with high pricing risk, $0 outlayed, and performance to 2025-10-31.", "trigger"=>"outlay progress from $0, option exercise to $7.8M ceiling"}

{"entity"=>"Barnard Construction Company, Incorporated", "reason"=>"Dominant $1.585B DHS award (materiality 8/10) with unknown revenue/pricing details requires confirmation of execution.", "trigger"=>"DHS obligation drawdown post-2026-04-24 award"}