Federal Professional Services Contracts — February 01, 2026

Sole-source cost-plus-fixed-fee contract obligates $353.7M through 2026 with $139.4M outlayed, ensuring predictable cash flows for Lockheed in NASA engineering.

High subawards of $750.5M across 82 recipients exceed prime obligation of $353.7M, eroding Lockheed's net revenue.

Sole-source non-competed award may attract scrutiny for future phases post-2026.

No indicated follow-on beyond June 2026 contract end.

$12.3M gap between obligation and base + options exercisable by NASA.

Ongoing HST mission supports potential sole-source follow-ons beyond 2026.

Sole-source extensions for HST operations highlight preference for incumbents in long-duration engineering services.

{"entity"=>"Lockheed Martin HST contract", "reason"=>"Ends June 2026 with no follow-on; $12.3M options and $750.5M subawards impact visibility.", "trigger"=>"NASA FY2027 budget or re-compete RFP"}

{"entity"=>"NASA Goddard Space Flight Center procurements", "reason"=>"Sole-source pattern in professional services; high materiality for space sector.", "trigger"=>"New awards >$100M in engineering NAICS 541330"}