ARDENT GROUP, LLC: $42.6M Department of Homeland Security Contract
Summary
This is a $42.6M contract awarded to a private entity, ARDENT GROUP, LLC, by DHS/ICE for pharmacy benefit management services. No publicly traded company is directly linked, so no tickers are assigned.
See which stocks are affected
Key takeaways, market implications, full AI analysis, and connected signals are available to HillSignal members.
Already have an account? Log in
Key Takeaways
- 1.No publicly traded company is directly tied to this contract.
- 2.The PBM sector is competitive, but this award is too small to move major players.
- 3.Investors should monitor for similar awards to larger public PBMs.
Market Implications
No direct market implications. The contract is small and private. Investors in PBM stocks (e.g., $UNH, $CVS) should note this as a minor data point but not a catalyst.
Full Analysis
The contract is for pharmacy benefit management (PBM) services for ICE Health Service Corps, covering formulary management, claims processing, and network administration. The recipient is a private LLC, not a public company. No direct public beneficiary can be identified. The contract is modest in size and does not signal a major shift in the PBM market.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
ARDENT GROUP, LLC: $46.2M Department of Homeland Security Contract
OPTUMRX ADMINISTRATIVE SERVICES, LLC: $106M Department of Veterans Affairs Contract
OPTUMRX ADMINISTRATIVE SERVICES, LLC: $137M Department of Veterans Affairs Contract
PBM Act
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Streamlining Access to Government Services Through America.gov
The executive order directs the General Services Administration to create America.gov, a unified digital portal for federal services, integrating Login.gov for authentication and requiring agencies to expose their digital services via APIs. It also mandates the use of AI (referred to as 'super intelligence') with transparency safeguards, while preserving existing service channels and excluding tax and defense/intelligence services.
Enhancing Program Integrity and Integrity and Interagency Coordination in the Administration of the H-1B Nonimmigrant Visa Program
This executive order directs the Secretaries of State, Labor, and Homeland Security to coordinate with Commerce, Education, and the SBA when processing H-1B petitions, and requires them to consider whether the employer has engaged in layoffs of similarly situated U.S. workers within the past year. It also orders the Labor Department to review past labor condition applications for potential enforcement actions against sponsoring employers, effectively tightening scrutiny on H-1B usage, especially by outsourcing firms.
Restriction on Entry of Certain Nonimmigrant Workers
This proclamation extends for an additional 12 months the existing restriction on entry of H-1B nonimmigrant workers, which requires a $100,000 payment per petition (with limited exceptions) and is supported by a DHS weighted selection process that prioritizes higher-skilled, higher-paid workers. The action continues to target IT staffing and outsourcing firms that have abused the program, and it maintains the requirement for ongoing rulemakings by DHS and DOL to further reform wage protections and program integrity.
Contract Details
Recipient
ARDENT GROUP, LLC
Award Amount
$42,637,935
Awarding Agency
Department of Homeland Security
Sub-Agency
U.S. Immigration and Customs Enforcement
Contract Type
DEFINITIVE CONTRACT
Free — no credit card
Get the next market-moving signal before the news does
HillSignal scores every Congressional bill, federal contract, and insider filing for market impact and emails you the high-conviction ones — free, no credit card.
Weekly digest — the congressional activity that actually moved markets that week, in plain English. Free, one email.
Free forever plan · No credit card · Unsubscribe in one click
Want the live terminal too? Create a free account →