This is a routine option-year exercise on an existing DHS contract, providing incremental revenue visibility. Monitor for additional option exercises or new task orders under this vehicle to gauge the full contract ceiling and duration.
Price Chart
Executive Summary
MAXIMUS FEDERAL SERVICES, INC., a subsidiary of MAXIMUS, INC. (MMS), received a $28.9 million contract modification from the Department of Homeland Security for Option Year 2 exercise and funding realignment. The award represents approximately 0.55% of MAXIMUS's annualized revenue, a routine but notable addition to its federal services backlog.
Key Financial Metrics
Key Facts
- Modification P00009 to contract 70T02023F7500N004 obligates $28,908,090.21
- Awarding agency is the Department of Homeland Security
- Action date is September 4, 2026
- Recipient is MAXIMUS FEDERAL SERVICES, INC., a subsidiary of MAXIMUS, INC.
- Award is for Option Year 2 exercise and funding realignment
- Award equals approximately 0.55% of MAXIMUS's annualized revenue of $5.22 billion
Financial Impact
$28.9 million modification, about 0.55% of annualized revenue
Risk Factors
- Government funding risk under continuing resolutions or budget cuts
- Execution risk on program deliverables
- Contract modification does not disclose total contract value or remaining options
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-70T02023F7500N004 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | Institutional Cluster | $63.38 $63.02 | ▼ −0.57% | ▼ −0.05% | $63.02 (−0.57%) |
Oct 20, 2026 6d ago | 8-K | $61.09 $62.07 | ▲ +1.60% | ▲ +1.08% | $63.02 (+3.16%) |
Oct 8, 2026 18d ago | SC 13G | $58.77 $59.39 | ▲ +1.05% | ▲ +0.46% | $63.02 (+7.23%) |
Sep 10, 2026 6w ago | GOVT-CONTRACT | $56.92 $59.35 | ▲ +4.27% | ▲ +4.72% | $63.02 (+10.72%) |
Sep 4, 2026 7w ago | GOVT-CONTRACT | $56.33 $56.11 | ▼ −0.39% | ▲ +0.07% | $63.02 (+11.88%) |
Aug 24, 2026 9w ago | GOVT-CONTRACT | $58.53 $58.97 | ▲ +0.75% | ▲ +0.73% | $63.02 (+7.67%) |
Jul 29, 2026 12w ago | GOVT-CONTRACT | $60.64 $60.25 | ▼ −0.64% | ▼ −1.36% | $63.02 (+3.92%) |
May 7, 2026 24w ago | 8-K | $66.66 $64.27 | ▼ −3.59% | ▼ −4.42% | $63.02 (−5.46%) |
Apr 1, 2026 29w ago | GOVT-CONTRACT | $61.67 $63.00 | ▲ +2.15% | ▲ +1.68% | $63.02 (+2.19%) |
Dec 5, 2025 46w ago | Court Ruling | $82.03 $80.52 | ▼ −1.85% | ▼ −1.76% | $63.02 (−23.18%) |
US Market Status
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