Federal IT & Cybersecurity Contracts — January 14, 2026

All three awards extend to at least 2026 (ManTech to 2029 potential) under full/open competition, locking in $289M obligations with $1.29B+ option upside for NAICS 541512 services.

GSA FAS accounts for 64% of obligated value ($188M across Booz Allen and ManTech), underscoring agency preference for established primes in professional IT support.

Low/negative outlays signal funding delays: CACI $35M of $101M; ManTech $0; Booz Allen -$32K.

Pricing vulnerabilities: CACI firm-fixed (cost overrun risk); Booz Allen T&M (cost scrutiny); ManTech cost-plus but 73 subawards $568M create supply chain dependency.

$1.29B in unexercised options (e.g., ManTech $1.19B delta; Booz Allen $84M; CACI $17M) tied to 2026-2029 extensions.

Concentrated GSA demand for NAICS 541512 creates follow-on pipeline for primes with proven delivery.

100% of awards target PSC R4XX professional/IT support under NAICS 541512, with GSA/DoS prioritizing multi-year vehicles amid cyber priorities.

High subawards (ManTech $568M/73; CACI/BAH $2M each) indicate primes as integrators, dispersing risk but tying value to vendor execution.

{"entity"=>"ManTech International", "reason"=>"Largest ceiling ($1.28B) but $0 outlays and heavy subs ($568M) signal high variance potential.", "trigger"=>"First outlays >$10M or option exercise"}

{"entity"=>"Booz Allen Hamilton", "reason"=>"Negative outlays (-$32K) amid $84M options warrant deobligation scrutiny.", "trigger"=>"Outlay reversal to positive or GSA funding cut"}

{"entity"=>"GSA FAS IT Awards Pipeline", "reason"=>"64% value concentration; tracks broader federal cyber/IT budget trends.", "trigger"=>"New awards >$50M in NAICS 541512"}