Significant Contract Modifications ($10M+) — April 11, 2026

Leidos received a $543.6M total obligation (potential $729.6M with options) under cost-plus award fee for IT/telecom services via full and open competition, representing ~$83.6M annual revenue estimate over 6.5 years despite negative $-1.7M outlay.

Oracle Health Government Services secured a $519.0M firm fixed price delivery order (potential $632.8M with options) for EHRM operations under non-competed award, equating to ~$104M annual estimate over 5 years with $0 outlay to date.

BL Harbert International awarded $173.7M firm fixed price definitive contract for Podgorica Montenegro project via full and open competition, ~$23.1M annual over 7.5 years with $0 outlay and $5.5M subawards across 47 recipients.

Leidos GSA contract shows negative $-1.7M total outlay despite $543.6M obligation, signaling potential spending halts or reimbursements on mature IT delivery order ending 2024-02-29.

$0 outlays on Oracle $519.0M VA EHRM and BL Harbert $173.7M State Department contracts indicate delayed funding ramps on firm fixed price structures.

High contract pricing risk (firm fixed price) on Oracle VA and BL Harbert State Department awards amid $0 outlays and long performance periods to 2027.

Leidos GSA IT order potential upside to $729.6M via remaining options on $543.6M obligation.

Oracle VA EHRM delivery order expansion to $632.8M base + options from current $519.0M obligation.

Leidos $543.6M GSA and Oracle $519.0M VA delivery orders (both NAICS 541512) represent $1.06B in IT/telecom obligations with extensive subawards ($187M Leidos, $12.5M Oracle), signaling robust funded backlogs despite low outlays.

{"entity"=>"Leidos Holdings, Inc.", "reason"=>"$543.6M GSA obligation with negative $-1.7M outlay and $187.4M subawards across 1090 recipients on contract ending 2024-02-29.", "trigger"=>"total outlay progress; exercise of options to $729.6M"}

{"entity"=>"Oracle Health Government Services, Inc.", "reason"=>"$519.0M VA EHRM with $0 outlay and 34 subawards totaling $12.5M on 5-year performance to 2027-04-10.", "trigger"=>"outlay progress from $0; exercise of options to $632.8M"}

{"entity"=>"BL Harbert International LLC", "reason"=>"$173.7M State Department construction with $0 outlay and $5.5M subawards across 47 recipients to 2027-03-25.", "trigger"=>"outlay progress from $0; performance against end date"}