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General Federal Contracts — April 22, 2026

General Federal Contracts

4 total filings analysed

Executive Summary

Four civilian government contracts totaling $395,776,263 in obligations highlight bullish IT services momentum across Department of the Interior, Veterans Affairs, Agriculture, and NASA, with zero defense exposure. Highest-materiality awards to MAXIMUS FEDERAL CONSULTING, LLC ($106M) and COGNOSANTE MVH LLC ($104M) under full and open competition signal durable revenue for custom programming and cloud operations through 2026. Palantir Technologies Inc. secures a $95M firm-fixed-price BPA for USDA farm IT systems, while California Institute of Technology's $91M NASA R&D award remains neutral due to its nonprofit status. Key watch item: progress on option exercises and outlays, as only partial funds are disbursed in three contracts.

Tracking the trend? Catch up on the prior General Federal Contracts digest from April 21, 2026.

Investment Signals(3)

  • MAXIMUS FEDERAL CONSULTING, LLC Wins $106M DOI Delivery Order for DOD SAP CIO Support(HIGH)

    $106,321,580 obligated (ceiling $199M) Time and Materials contract awarded July 2020 under full competition for custom computer programming services (NAICS 541511), running through January 2026 with performance in Washington, DC.

  • COGNOSANTE MVH LLC Secures $104M VA Cloud Migration Order(HIGH)

    $103,954,050 obligated (ceiling $186M) Time and Materials delivery order from August 2023 under full competition for cloud operations (NAICS 541512), with $82.6M outlayed including $71M in subawards, through August 2026.

  • Palantir Technologies Inc. Awarded $95M USDA Farm IT SaaS BPA(MEDIUM)

    $94,687,811 firm-fixed-price BPA call from April 2026 for software publishing (NAICS 513210) centralizing farm systems via Landmark Platform, one-year performance in Denver, CO, with no outlays yet.

Risk Flags(3)

  • Execution[MEDIUM RISK]

    MAXIMUS FEDERAL CONSULTING, LLC and COGNOSANTE MVH LLC face medium pricing risk on Time and Materials contracts with options not fully exercised ($93M and $82M upside respectively); Palantir's firm-fixed-price exposes high performance risk on $95M BPA with zero outlays.

  • Concentration[MEDIUM RISK]

    COGNOSANTE MVH LLC has $71M (86%) of $82.6M outlays via 13 subawards, risking prime retention and margin compression.

  • Competition[LOW RISK]

    California Institute of Technology's $91M NASA cost-plus-fixed-fee R&D order was not competed, vulnerable to future re-competes post-2028.

Opportunities(3)

  • MAXIMUS FEDERAL CONSULTING, LLC has $93M in unexercised options on $199M ceiling DOI contract for SAP CIO support.

  • COGNOSANTE MVH LLC offers $82M upside to $186M ceiling on VA cloud services contract.

  • Palantir Technologies Inc. $95M USDA BPA for farm IT SaaS positions for follow-on calls post one-year period.

Sector Themes(2)

  • MAXIMUS FEDERAL CONSULTING, LLC ($106M DOI for NAICS 541511 SAP support) and COGNOSANTE MVH LLC ($104M VA for NAICS 541512 cloud migration) plus Palantir ($95M USDA NAICS 513210 SaaS) total $304M in full-competition IT awards through 2026-2027.

  • California Institute of Technology's $91M obligation (out of $102M ceiling) cost-plus-fixed-fee delivery order for space aerosols imaging (NAICS 541715) sustains funding through 2028 with $61M outlayed.

Watch List(4)

  • 👁

    {"entity"=>"MAXIMUS FEDERAL CONSULTING, LLC", "reason"=>"$106M DOI obligation with $93M options unexercised; track outlays and milestones to 2026-01-01.", "trigger"=>"option exercise updates"}

  • 👁

    {"entity"=>"COGNOSANTE MVH LLC", "reason"=>"$104M VA obligation with $82M outlayed but $71M subawarded (86%); monitor retention.", "trigger"=>"subaward and outlay progress beyond $82.6M"}

  • 👁

    {"entity"=>"Palantir Technologies Inc.", "reason"=>"$95M USDA BPA with zero outlays; high firm-fixed risk on one-year term.", "trigger"=>"outlay initiation April 2026-April 2027"}

  • 👁

    {"entity"=>"California Institute of Technology", "reason"=>"$91M NASA R&D with $61M outlayed toward $102M ceiling through 2028.", "trigger"=>"option exercises to $101.5M"}

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