Monitor future modifications or task orders under this contract to gauge the duration and total value of the relationship with DHS. The option exercise provides near-term revenue visibility but is not a new customer win.
Price Chart
Executive Summary
AMI METALS, INC, a subsidiary of Reliance, Inc. (RS), received a $547.3 million modification to exercise an option on a Department of Homeland Security contract for 200,000 tons of steel and logistical support services. This represents approximately 3.4% of Reliance's annualized revenue, a notable but not transformative addition to its backlog.
Key Financial Metrics
Key Facts
- Modification P00004 exercises an option under contract 70B01C26C00000006 for 200,000 tons of steel and logistical support services.
- Obligation amount is $547,347,474.75.
- Awarding agency is the Department of Homeland Security.
- Recipient is AMI METALS, INC, a subsidiary of Reliance, Inc. (RS).
- Reliance's annualized revenue is $16.104 billion; the award is ~3.4% of that figure.
Financial Impact
$547.3 million contract modification, ~3.4% of Reliance's annualized revenue.
Risk Factors
- Government contracts are subject to funding availability and potential budget cuts or continuing resolutions.
- Execution risk on delivering 200,000 tons of steel and logistics services within the option period.
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-70B01C26C00000006 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | 8-K | $417.92 | awaiting T+20 | — | $426.95 (+2.16%) |
Sep 24, 2026 4w ago | GOVT-CONTRACT | $387.28 $415.62 | ▲ +7.32% | ▲ +8.79% | $426.95 (+10.24%) |
Aug 4, 2026 12w ago | Insider Cluster | $414.91 $390.11 | ▲ +5.98% | ▲ +4.74% | $426.95 (−2.90%) |
Jun 23, 2026 18w ago | Institutional Cluster | $398.63 $383.17 | ▼ −3.88% | ▼ −5.04% | $426.95 (+7.10%) |
Apr 22, 2026 26w ago | 8-K | $341.22 $362.26 | ▲ +6.17% | ▲ +1.53% | $426.95 (+25.12%) |
Apr 22, 2026 26w ago | Press Release | $341.22 $362.26 | ▲ +6.17% | ▲ +1.53% | $426.95 (+25.12%) |
Apr 8, 2026 28w ago | Press Release | $318.97 $372.04 | ▲ +16.64% | ▲ +8.09% | $426.95 (+33.85%) |
Mar 10, 2026 33w ago | Press Release | $298.54 $318.97 | ▲ +6.84% | ▲ +7.00% | $426.95 (+43.01%) |
US Market Status
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