Executive Summary
These three civilian federal IT and cybersecurity contracts total $482,277,261 in obligations, with 0/3 defense-related, highlighting momentum in civilian agency spending on IT services via full and open competition. Dominant themes include historical DHS backlog for General Dynamics Information Technology, Inc. and long-term growth commitments to small businesses SOFTRAMS LLC at HHS/CMS ($88M obligated, $57M outlayed) and CLOUDSHAPE LLC at USAID ($64M obligated, $33M outlayed). Highest-conviction signals are bullish on SOFTRAMS LLC and CLOUDSHAPE LLC due to significant outlays and multi-year horizons extending to 2029 and 2032. A key risk is zero outlays on the largest contract to General Dynamics Information Technology, Inc. ($330M DHS obligation, performance ended 2015), signaling dormant backlog.
Tracking the trend? Catch up on the prior Federal IT & Cybersecurity Contracts digest from April 12, 2026.
Investment Signals(3)
- General Dynamics Information Technology, Inc. Holds $330M DHS Backlog with Zero Outlays(MEDIUM)▲
General Dynamics Information Technology, Inc. has a $329,952,976 cost-plus-fixed-fee obligation from DHS/USCIS for IT sustainment, awarded in 2011 with performance ended in 2015, but $0 outlayed to date despite 47% subawards ($157M). This historical contract offers no current revenue visibility for General Dynamics Corp.
- SOFTRAMS LLC Wins $88M HHS/CMS Firm-Fixed-Price Order with $57M Outlayed(HIGH)▲
SOFTRAMS LLC, a HUBZone small business, secured an $88,157,680 obligation (ceiling $196M) from HHS/CMS for Quality Payment Program IT development on February 21, 2024, with $56,978,236 outlayed and potential end in 2029.
- CLOUDSHAPE LLC Lands $64M USAID Data Center Contract with $33M Outlayed(HIGH)▲
CLOUDSHAPE LLC, a small disadvantaged business, received a $64,166,604 firm-fixed-price obligation (ceiling $150M) from USAID for data center support starting December 2022, with $32,892,397 outlayed and performance through 2032.
Risk Flags(2)
- Budget[HIGH RISK]▼
General Dynamics Information Technology, Inc.'s $330M DHS/USCIS contract shows $0 outlayed despite 2011 award and 2015 end, indicating stalled funding or deobligation risk.
- Execution[MEDIUM RISK]▼
Firm-fixed-price structures on SOFTRAMS LLC ($88M HHS) and CLOUDSHAPE LLC ($64M USAID) carry high pricing risk for small businesses amid option exercises to ceilings of $196M and $150M.
Opportunities(2)
- ◆
SOFTRAMS LLC's $88M HHS/CMS award (extendable to $196M by 2029) signals scalable healthcare IT revenue for small HUBZone firms.
- ◆
CLOUDSHAPE LLC's $64M USAID contract (extendable to $150M through 2032) offers decade-long data center IT visibility.
Sector Themes(1)
- ◆
SOFTRAMS LLC ($88M HHS/CMS) and CLOUDSHAPE LLC ($64M USAID) won full and open competition awards as small/HUBZone firms, contrasting with General Dynamics Information Technology, Inc.'s dormant $330M DHS backlog.
Watch List(3)
- 👁
{"entity"=>"General Dynamics Information Technology, Inc.", "reason"=>"$330M DHS obligation with $0 outlayed and 2015 performance end", "trigger"=>"modifications or extensions beyond 2015-09-25"}
- 👁
{"entity"=>"SOFTRAMS LLC", "reason"=>"$88M HHS obligation with $57M outlayed and $196M ceiling", "trigger"=>"option exercises or obligation increases by 2026-11-11"}
- 👁
{"entity"=>"CLOUDSHAPE LLC", "reason"=>"$64M USAID obligation with $33M outlayed and 2032 end date", "trigger"=>"outlay progression and options toward $150M by 2032-12-31"}
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