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All HHS Contracts — February 19, 2026

All HHS Contracts

1 total filings analysed

Executive Summary

Deloitte Consulting LLP secured a $53.2M FDA delivery order for CBER Systems Operations and Modernization, with $43.4M (82%) already outlayed since July 2024, signaling strong execution and steady revenue. This bolsters Deloitte's federal consulting franchise under NAICS 541611, amid full competition. Investors should monitor option exercise and follow-on potential before the February 2026 end date, tempered by subaward dependencies.

Tracking the trend? Catch up on the prior All HHS Contracts digest from February 18, 2026.

Investment Signals(1)

  • Deloitte FDA CSOM Win with Rapid Outlay(HIGH)

    $53.2M obligation with 82% ($43.4M) outlayed supports predictable revenue through 2026; enhances federal IT consulting footprint.

Risk Flags(2)

  • Execution[MEDIUM RISK]

    Reliance on 7 subawards totaling $5.9M for delivery order performance.

  • Market[MEDIUM RISK]

    Short performance period ends Feb 2026 with minimal $0.6M options; tied to parent vehicle funding.

Opportunities(1)

  • Potential $0.6M option exercise to hit $53.7M ceiling and follow-on CSOM modernization work at FDA.

Sector Themes(1)

  • Large labor-hours delivery order under PSC R703 highlights HHS priority on systems ops for biologics regulation.

Watch List(2)

  • 👁

    {"entity"=>"Deloitte Consulting LLP", "reason"=>"High outlay pace on $53M FDA order indicates revenue visibility; subawards and expiry pose tests.", "trigger"=>"Q4 2025 outlay >90% or follow-on RFP release"}

  • 👁

    {"entity"=>"FDA CBER CSOM Program", "reason"=>"Systems modernization spend concentration signals multi-year pipeline.", "trigger"=>"New obligations >$50M or extension announcements"}

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All HHS Contracts — February 19, 2026 | Gunpowder Blog