New Federal Contractors — February 28, 2026

Definitive award via full competition provides revenue visibility through Feb 2027 under cost-plus structure with minimal base/options variance indicating full funding.

Zero outlays despite $20.65B obligation and long performance period to 2027 signals potential delays or funding holds.

Revenue tied to DOE budget reimbursements under cost-plus structure vulnerable to federal spending cuts.

Fully funded structure (negligible base/options gap) with potential follow-on beyond 2027 in Y-12 operations.

Extreme $20.65B concentration in NAICS 561210 underscores DOE reliance on incumbents for Y-12-like R&D operations over multi-decade periods.

{"entity"=>"Lockheed Martin Corp", "reason"=>"Dominates period with 100% value share in DOE facilities ops", "trigger"=>"outlays >$100M or contract mods signaling acceleration"}

{"entity"=>"DOE SC Oak Ridge Budget", "reason"=>"Controls reimbursements for $20.65B obligation", "trigger"=>"cuts <10% YoY or supplemental funding"}