Monitor McKesson's next quarterly filing for revenue recognition from this contract and any updates on the full PPV program scope. The award solidifies a major federal revenue stream.
Price Chart
Executive Summary
McKesson Corporation received a $1.16 billion contract from the Department of Veterans Affairs as the Pharmaceutical Prime Vendor for FY2026 August. This is a large, sole-source-like award from a key federal customer, reinforcing McKesson's role as a primary pharmaceutical distributor to the VA.
Key Financial Metrics
Key Facts
- Award amount: $1,159,388,670.44
- Awarding agency: Department of Veterans Affairs
- Award date: August 1, 2026
- Period of performance start: August 1, 2026
- Recipient: McKesson Corporation (matched ticker MCK)
- Contract description: Pharmaceutical Prime Vendor (PPV) FY2026 August
Financial Impact
$1.16 billion contract award from the Department of Veterans Affairs
Risk Factors
- Government contract subject to funding availability and potential continuing resolutions
- Execution risk in meeting VA pharmaceutical distribution requirements
Investment Themes
Documents Analyzed
This report is based on 1 federal contract record from official U.S. government contract data.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-36C24026K1011 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 12, 2026 15d ago | Institutional Cluster | $955.76 $1,010.43 | ▲ +5.72% | ▲ +7.21% | $992.87 (+3.88%) |
Oct 6, 2026 21d ago | 8-K | $921.67 $961.88 | ▲ +4.36% | ▲ +4.50% | $992.87 (+7.73%) |
Aug 28, 2026 8w ago | 8-K | $885.32 $896.29 | ▲ +1.24% | ▲ +1.38% | $992.87 (+12.15%) |
Aug 1, 2026 12w ago | GOVT-CONTRACT | $827.14 $879.87 | ▲ +6.38% | ▲ +4.35% | $992.87 (+20.04%) |
Jul 1, 2026 16w ago | 8-K | $768.06 $807.33 | ▲ +5.11% | ▲ +4.85% | $992.87 (+29.27%) |
Jul 1, 2026 16w ago | GOVT-CONTRACT | $786.30 $805.96 | ▲ +2.50% | ▲ +1.13% | $992.87 (+26.27%) |
Jun 30, 2026 16w ago | DEFA14A | $768.06 $807.33 | ▲ +5.11% | ▲ +4.85% | $992.87 (+29.27%) |
Jun 12, 2026 19w ago | DEFA14A | $779.78 $744.85 | ▼ −4.48% | ▼ −3.10% | $992.87 (+27.33%) |
Jun 12, 2026 19w ago | 8-K | $784.05 $750.63 | ▼ −4.26% | ▼ −4.94% | $992.87 (+26.63%) |
Jun 8, 2026 20w ago | Insider Cluster | $766.64 $779.78 | ▲ +1.71% | ▼ −0.40% | $992.87 (+29.51%) |
US Market Status
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