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Federal Professional Services Contracts — March 13, 2026

Federal Professional Services Contracts

2 total filings analysed

Executive Summary

Lockheed Martin dominates with two sole-source Time & Materials contracts totaling $64.97M from US Coast Guard for Sea Commander engineering/C4ISR ($42.13M, bullish) and sustainment ($22.84M, neutral), locking in revenue through Apr 2026 despite $0 outlays to date. This concentration highlights entrenched positioning in DHS professional engineering services but flags execution delays after 3+ years. Investors gain visibility into steady defense services backlog amid sole-source favoritism.

Tracking the trend? Catch up on the prior Federal Professional Services Contracts digest from March 12, 2026.

Investment Signals(2)

  • Lockheed Entrenchment in Sea Commander Program(HIGH)

    Dual $64.97M awards for engineering and sustainment services signal strong USCG reliance on Lockheed for C4ISR capabilities through 2026.

  • Sustainment Contract Supports Backlog Stability(MEDIUM)

    Full $22.84M obligation provides predictable revenue stream with minimal subawards, offsetting engineering upside.

Risk Flags(2)

  • Execution[HIGH RISK]

    $0 outlays after 3+ years on $64.97M obligations indicate potential delays in program ramp-up.

  • Market[MEDIUM RISK]

    Extended timeline to Apr 2026 exposes to DHS budget cuts or priority shifts.

Opportunities(2)

  • $32K gap in larger contract plus sole-source history positions Lockheed for follow-on awards post-2026.

  • No-competition awards in NAICS 541330 signal ongoing favoritism for large primes in Coast Guard engineering.

Sector Themes(2)

  • 100% of period's $64.97M value to Lockheed for Sea Commander underscores avoidance of competition in professional services.

  • Both contracts use Time & Materials for long-duration (4.6yr) C4ISR/sustainment, with minimal subawards ($283K total).

Watch List(2)

  • 👁

    {"entity"=>"Lockheed Martin Sea Commander Backlog", "reason"=>"$64.97M obligated but $0 outlayed flags execution materiality.", "trigger"=>"Outlays >10% of value or contract mods"}

  • 👁

    {"entity"=>"US Coast Guard FY2026 Budget", "reason"=>"Performance ends Apr 2026; funding shifts could truncate revenue.", "trigger"=>"Budget proposal release or cuts to C4ISR"}

Get daily alerts with 2 investment signals, 2 risk alerts, 2 opportunities and full AI analysis of all 2 filings

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