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Significant Contract Modifications ($10M+) — April 04, 2026

Significant Contract Modifications ($10M+)

1 total filings analysed

Executive Summary

NASA's $181,839,613 contract modification to The Leland Stanford Junior University represents 100% civilian agency spending (0/1 defense-related), focusing on the Goddard Space Flight Center's Solar Dynamics Observatory Heliospheric and Magnetic Imager (HMI) project. This definitive cost-no-fee award, active since 2002-10-15 through 2027-09-30, highlights long-term commitment to space science R&D under full and open competition. The neutral signal (avg strength 4/10) balances sustained funding against low outlays of $25,928,889 to date and modest annual revenue estimate of ~$7.3M. Highest-conviction signal is the durability of NASA's space applications R&D investments (PSC AR22, NAICS 541710). Key watch item: outlay progress beyond $25,928,889 and execution toward 2027-09-30 amid potential civilian budget shifts.

Tracking the trend? Catch up on the prior Significant Contract Modifications ($10M+) digest from April 03, 2026.

Investment Signals(2)

  • NASA Modifies $181.8M HMI Contract for The Leland Stanford Junior University(LOW)

    Long-term definitive cost-no-fee modification obligates $181,839,613 for design, fabrication, testing, delivery, and post-launch support of space science instrument, extending to 2027-09-30.

  • Low $25.9M Outlays in Stanford's $181.8M NASA HMI Obligation(MEDIUM)

    Only $25,928,889 outlayed to date against $181,839,613 total obligation and $186,336,824 base + options value, suggesting slow execution or back-loaded spending over 25-year period.

Risk Flags(1)

  • Execution[MEDIUM RISK]

    Low outlays of $25,928,889 relative to $181,839,613 NASA obligation for The Leland Stanford Junior University's HMI investigation may indicate execution delays or uneven spending through 2027-09-30.

Opportunities(1)

  • NASA's $181,839,613 modification to The Leland Stanford Junior University reinforces long-term space science R&D funding via cost-no-fee structure.

Sector Themes(1)

  • Goddard Space Flight Center's $181,839,613 modification to The Leland Stanford Junior University for HMI instrument work exemplifies enduring civilian commitment to space applications R&D (PSC AR22) over 25 years.

Watch List(2)

  • 👁

    {"entity"=>"The Leland Stanford Junior University", "reason"=>"$181,839,613 NASA HMI contract with only $25,928,889 outlayed to date and ~$7.3M annual revenue estimate over 25 years.", "trigger"=>"Outlay increases beyond $25,928,889; changes to cost-no-fee structure; 2027-09-30 performance completion"}

  • 👁

    {"entity"=>"space science/applications R&D sector", "reason"=>"Neutral signal from NASA's full/open competition award signals steady civilian R&D funding pace.", "trigger"=>"NASA budget cycles impacting space science (PSC AR22) obligations"}

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