contract_awardAwarded Monday, May 18, 2026Analyzed

ANGEL DESIGN BUILD CONSTRUCTION LLC: $12.4M Department of Veterans Affairs Contract

Neutral

Summary

This $12.4M contract from the Department of Veterans Affairs for EHRM infrastructure upgrades was awarded to a private entity, Angel Design Build Construction LLC. No publicly traded companies are directly linked, and the contract size is modest relative to the federal construction market.

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Key Takeaways

  • 1.Contract recipient is private, so no direct public company exposure.
  • 2.Contract size ($12.4M) is small relative to federal infrastructure spending.
  • 3.Related healthcare legislation provides sector tailwinds but not specific to this award.

Market Implications

This contract has negligible market implications due to the private recipient and modest size. The broader EHRM program could benefit public IT contractors like Cerner (now part of Oracle) or Leidos in future phases, but this specific award does not signal a shift.

Full Analysis

The Department of Veterans Affairs awarded a $12.4M definitive contract to Angel Design Build Construction LLC for EHRM infrastructure upgrades at a VA facility, covering labor, materials, and equipment through early 2028. Since the recipient is a private company with no publicly traded parent or recognized subsidiary, no direct stock impact can be attributed. The contract supports the VA's electronic health record modernization (EHRM) initiative, which is part of a broader federal push to upgrade healthcare IT infrastructure. Related legislation like HR8324 (Great American Healthcare Plan) and HR8857 (drug pricing adjustments) signals ongoing healthcare sector focus, but this specific award is too small and isolated to move markets. The contract's NAICS code is not provided, but construction and IT infrastructure upgrades typically involve subcontractors; however, without specific subcontractor names, identifying public beneficiaries would be speculative. Historically, VA infrastructure contracts are routine and do not generate significant investor attention unless tied to a major public company.

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Contract Details

Recipient

ANGEL DESIGN BUILD CONSTRUCTION LLC

Award Amount

$12,376,754

Awarding Agency

Department of Veterans Affairs

Sub-Agency

Department of Veterans Affairs

Contract Type

DEFINITIVE CONTRACT

Related Bills

HR8324HR8857