Significant Contract Modifications ($10M+) — October 21, 2026

IT Concepts received a full-and-open, labor-hours BPA call order with $106,009,224 already outlayed against a $174,071,303 ceiling, indicating active billing and a path to potential option value through 2028-03-28. Its earlier $39.1M SSA cybersecurity call order (also $38.9M outlayed) reinforces repeat wins at the same agency.

The order is cost-plus-fixed-fee, not competed, and nearly fully outlayed ($285,990,139) with identical current and potential end dates of 2023-02-18, so no extension value is visible and the revenue stream is effectively exhausted in the data.

The firm fixed-price set-aside construction award shows $0 outlayed with identical current and potential end dates, so execution pace is unverified and cost-overrun exposure sits with the contractor.

CACI NSS received a firm-fixed-price interface and data-conversion order for the VA's Integrated Financial and Acquisition Management System, with 9 subawards totaling $54,028,703 exceeding the prime obligation. Realized value depends on option exercise through 2030-09-15.

Booz Allen received a labor-hours delivery order for USPTO developmental security operations, with five subawards totaling $19,673,771 (about 60% of obligation) limiting its retained share; outlays are not yet reported.

The SDVOSB set-aside time-and-materials Army Reserve/NGB IT support order carries $0 outlayed and only about 20% of its $130,903,457 base-plus-options value obligated, so most potential value depends on future option exercise.

Only 1 of 21 records is defense-related; the portfolio is overwhelmingly civilian, so defense budget or NDAA developments offer little direct read-through to this stream.

Several awards show $0 outlayed (Floyd Construction, Strategic Operational Solutions, CACI NSS, Booz Allen, Innovation Associates, Tecolote Research), so revenue realization is unverified across roughly a third of the digest.

Several awards depend on option exercise for most of their headline value (e.g., Swish Data $86.8M obligated of $770.7M; Cherokee and Tecolote show large unexercised ceilings), so ceiling figures overstate near-term revenue.

Limited-term contracts with near-term end dates (Johns Hopkins APL to 2027-03-31, IT Concepts SSA to 2025-04-15 base period) face recompete risk, and sole-source awards (Cherokee, Johns Hopkins APL) are protest-sensitive in the absence of disclosed justifications.

Repeat VA awards to CACI NSS (IFAMS, $46.4M) and Swish Data ($86.8M Red Hat renewal) point to continued VA IT and financial-system modernization spending.

Service-disabled veteran-owned set-aside awards to Strategic Operational Solutions ($25.6M GSA) and Floyd Construction ($24.4M VA) show continued SDVOSB preference flow-through.

Johns Hopkins APL's NASA Marshall cost-plus order ($27.9M, potential $42.8M) and Caltech's Voyager order ($46.3M, potential $57.8M) offer low-volatility sole-source research revenue with clear option value.

Multiple awards to IT Concepts, CACI NSS, Booz Allen, Strategic Operational Solutions and Swish Data fund SSA, VA, USPTO and GSA IT support, collectively representing several hundred million dollars in ceiling value.

VA awards for an endoscopy suite (Floyd Construction, $24.4M), CMOP pharmacy automation (Innovation Associates, $47.4M) and IFAMS support indicate continued VA capital and operational investment.

NASA, NIH and DOJ awards (Caltech, Johns Hopkins APL, PPD Development, GuideHouse) flow to nonprofits and private firms with limited public-equity exposure.

{"entity" => "IT Concepts, Inc.", "reason" => "$107.8M SSA order with $106.0M outlayed and a $174.1M ceiling; prior $39.1M SSA order also nearly fully outlayed", "trigger" => "Option exercise or extension beyond the 2025-04-15 current end date; follow-on BPA call"}

{"entity" => "CACI NSS, LLC", "reason" => "$46.4M VA IFAMS order with $54.0M in subawards and $0 outlayed", "trigger" => "First outlay reporting and option exercise decisions through 2027-09-15"}

{"entity" => "Booz Allen Hamilton Inc", "reason" => "$32.8M USPTO order with about 60% subcontracted and no outlays reported", "trigger" => "Outlay confirmation and option exercise toward the $33.2M ceiling before 2027-10-31"}

{"entity" => "Department of Veterans Affairs", "reason" => "Multiple concurrent awards (Swish Data, CACI NSS, Floyd Construction, Innovation Associates) indicate sustained VA IT, facility and logistics investment", "trigger" => "FY2027 VA appropriations and option exercises on the listed orders"}

{"entity" => "Defense sector (NDAA-linked)", "reason" => "Only 1 of 21 records is defense-related, so defense-prime read-through from this stream is minimal", "trigger" => "FY2027 NDAA final passage and continuing resolution outcome before 2026-10-01"}