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Data pull: USASpending · July 29, 2026

Federal Contract Fraud Watch

A public, data-backed watchlist of federal contract anomaly signals. These are not accusations of fraud — they are publicly visible contract patterns worth a closer look by reporters, watchdogs, and procurement experts.

Watch signals

11

Contract value shown

$209.30B

FY2026 activity shown

$37.41B

Methodology: We pulled FY2026 procurement transactions from the official USASpending API for contract award types A–D, then enriched selected high-value awards with award-detail and transaction-count endpoints. Selection favored concrete public signals: not-competed / one-offer awards, urgency justifications, cost-plus pricing, unusually large modifications, and very high modification counts. A signal is a lead, not proof of wrongdoing.
Signal #1Award W31P4Q26C0013

LOCKHEED MARTIN CORPORATION

Department of Defense · Department of the Army

Contract value

$4.76B

FY2026 activity

$4.76B

A $4.76B PAC-3 missile production award was marked “Only One Source,” “Not Competed,” and reported one offer received.

  • USASpending lists the other-than-full-and-open reason as “Only One Source-Other (FAR 6.302-1 Other).”
  • The initial FY2026 obligation was split into two same-day Mod 0 transactions totaling $4.76B.
not competedone offer$4B+ new award
Signal #2Award N0002417C2117

ELECTRIC BOAT CORPORATION

Department of Defense · Department of the Navy

Contract value

$31.08B

FY2026 activity

$6.76B

A Columbia-class design-completion contract shows $31.08B obligated, 337 transactions, and $6.76B in FY2026 transaction activity.

  • The largest FY2026 transaction was a $3.22B modification for additional scope on March 16, 2026.
  • The latest award details show “Only One Source,” “Not Competed,” one offer received, and cost-plus-incentive-fee pricing.
337 transactionsnot competedcost-plus incentive fee
Signal #3Award 89233218CNA000001

TRIAD NATIONAL SECURITY, LLC

Department of Energy · Department of Energy

Contract value

$35.04B

FY2026 activity

$5.12B

The Los Alamos management-and-operating contract has $35.04B obligated and $5.12B in FY2026 transaction activity.

  • The top FY2026 transaction was a $2.62B modification, while the award has 250 transactions overall.
  • USASpending reports full-and-open competition, but the pricing is cost-plus-award-fee and the base-plus-options value is $48.29B.
$35B obligation250 transactionscost-plus award fee
Signal #4Award 70B01C26F00000405

FISHER SAND & GRAVEL CO

Department of Homeland Security · U.S. Customs and Border Protection

Contract value

$2.59B

FY2026 activity

$2.59B

A $2.59B border-barrier task order was awarded under fair opportunity after exclusion of sources and cites urgency.

  • The FY2026 pull also found many additional positive Fisher Sand & Gravel CBP transactions in the same period, making concentration worth a closer look.
  • This row is not a fraud allegation; it is a large, urgent, same-agency award signal for review.
urgency citedCBP concentration$2.59B task order
Signal #5Award FA862511C6600

THE BOEING COMPANY

Department of Defense · Department of the Air Force

Contract value

$31.97B

FY2026 activity

$2.49B

A KC-46 engineering/manufacturing contract signed in 2011 shows $31.97B obligated and a $2.47B FY2026 modification.

  • The award has 330 transactions and a base-plus-options value of $48.82B.
  • USASpending reports full-and-open competition with two offers, so the anomaly is the scale and long-running modification pattern rather than a competition flag.
legacy award330 transactions$2.47B modification
Signal #6Award DENA0003525

NATIONAL TECHNOLOGY & ENGINEERING SOLUTIONS OF SANDIA, LLC

Department of Energy · Department of Energy

Contract value

$42.57B

FY2026 activity

$4.54B

The Sandia National Laboratories management contract shows $42.57B obligated and $4.54B in FY2026 transaction activity.

  • The award has 300 transactions, including a $1.80B FY2026 modification.
  • USASpending reports full-and-open competition with four offers, but the contract is multi-year and cost-plus-fixed-fee.
$42.57B obligation300 transactionscost-plus fixed fee
Signal #7Award W912EP24C0018

THALLE CONSTRUCTION CO INC

Department of Defense · Department of the Army

Contract value

$2.51B

FY2026 activity

$1.91B

The EAA A-2 reservoir award shows two very large FY2026 modifications on the same contract, including a $1.74B April transaction.

  • A separate March 2026 transaction on the same award was also roughly $1.74B, while total FY2026 activity was $1.91B after offsets/other actions.
  • The public record shows full-and-open competition with two offers; the watch signal is the unusual modification pattern and scale.
large paired modsconstructiontwo offers
Signal #8Award 70B01C26F00000345

SOUTHWEST VALLEY CONSTRUCTORS CO

Department of Homeland Security · U.S. Customs and Border Protection

Contract value

$1.72B

FY2026 activity

$1.72B

A $1.72B Big Bend border-wall task order was awarded in FY2026 and the latest details cite urgency.

  • USASpending lists fair-opportunity procedures and full-and-open competition after exclusion of sources with three offers received.
  • The signal is a large urgent DHS/CBP construction award clustered with other high-value border-barrier obligations.
urgency citedborder barriernew FY2026 award
Signal #9Award N0002424C2301

NATIONAL STEEL AND SHIPBUILDING COMPANY

Department of Defense · Department of the Navy

Contract value

$2.51B

FY2026 activity

$1.72B

A Navy shipbuilding award shows $2.51B obligated, $6.78B base-plus-options, and latest details marked not competed with one offer.

  • USASpending lists the other-than-full-and-open reason as mobilization / essential R&D under FAR 6.302-3.
  • The largest FY2026 transaction was a $1.71B modification dated November 6, 2025.
not competedone offer$6.78B options value
Signal #10Award FA821920C0006

NORTHROP GRUMMAN SYSTEMS CORP

Department of Defense · Department of the Air Force

Contract value

$13.40B

FY2026 activity

$2.54B

The Sentinel/GBSD engineering and manufacturing award shows $13.40B obligated and $2.54B in FY2026 activity.

  • USASpending marks the award “Only One Source,” “Not Competed,” with one offer received and cost-plus-incentive-fee pricing.
  • The largest FY2026 transaction was a $1.68B modification on March 30, 2026.
not competedcost-plus incentive fee$13.4B obligation
Signal #11Award DEAC5207NA27344

LAWRENCE LIVERMORE NATIONAL SECURITY, LLC

Department of Energy · Department of Energy

Contract value

$41.15B

FY2026 activity

$3.26B

The Lawrence Livermore management-and-operating contract has $41.15B obligated and 928 transactions on the public record.

  • The base-plus-options value is $93.32B, and FY2026 activity includes a $1.50B modification.
  • USASpending reports full-and-open competition with three offers; the watch signal is the very large cost-plus-award-fee, modification-heavy structure.
928 transactions$93.32B options valuecost-plus award fee

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