Significant Contract Modifications ($10M+) — September 02, 2026

The Booz Allen Hamilton contract has a negative outlayed amount of -$16,658 and $113.6 million in subawards across 167 awards, indicating potential de-obligation risk and margin dilution from subcontractor execution.

The non-competitive award to Oracle Health Government Services for VA data migration suggests a durable sole-source relationship, but the contract's completion in 2021 limits current revenue impact; future VA EHR modernization contracts could be a catalyst.

Booz Allen Hamilton's $365.4M GSA contract involves 167 subawards totaling $113.6M, creating coordination and margin risk that could impact profitability.

The negative outlayed amount of -$16,658 on Booz Allen's GSA contract may signal de-obligation or budget clawback, potentially reducing the effective contract value.

All three contracts are from civilian agencies (GSA, VA, NASA), with no defense exposure, concentrating risk in civilian budget cycles and policy shifts.

Booz Allen Hamilton's $365.4M GSA contract for IT systems design aligns with ongoing federal IT modernization and cybersecurity priorities, offering a stable revenue stream through April 2024.

Oracle Health's non-competitive VA contract for data migration suggests a potential sole-source relationship that could lead to follow-on awards for VA EHR modernization.

The Booz Allen Hamilton ($365.4M) and Oracle Health ($143.6M) contracts both fall under NAICS 541512 (computer systems design), highlighting sustained civilian agency investment in IT modernization and data migration.

{"entity" => "Booz Allen Hamilton", "reason" => "The $365.4M GSA contract has a negative outlayed amount and nears expiration in April 2024, creating uncertainty around recompetition or extension.", "trigger" => "Contract modification or recompetition announcement for GSA IT systems design"}

{"entity" => "Oracle Health Government Services", "reason" => "The $143.6M VA contract is completed, but future VA EHR modernization contracts could provide new revenue opportunities.", "trigger" => "VA solicitation for data migration or EHR modernization services"}

{"entity" => "Vertex Aerospace LLC", "reason" => "The $124.7M NASA contract lacks sufficient detail for analysis; any new modifications or details could change the investment picture.", "trigger" => "NASA contract modification or public disclosure of scope and performance"}