Contractor signal profile
ROHDE & SCHWARZ USA, INC.
Acquisition-signal score 65 / 100 — Elevated signal. Pattern-based, from public award history.
Lifetime obligations
$661.8M
Velocity (YoY)
207%
Agencies served
6
Obligation trajectory
Why this score
+30
award_velocity
Award obligations are ramping fast — most-recent FY $402.5M vs prior $131.2M (207% YoY, 107% multi-yr CAGR). Rapid, proven backlog growth is the classic profile PE/strategic acquirers target.
+15
recent_large_win
5 large award(s) ≥$5M in the last ~2 FYs (top: $389.9M, Department of Transportation). Fresh strategic wins de-risk the pipeline for an acquirer.
+12
customer_diversification
Revenue spread across 6 federal agencies while growing — diversified, de-risked backlog is the #1 valuation-multiple lever in govcon M&A.
+8
target_size_band
Lifetime obligations $661.8M — squarely in the small/mid tuck-in size band acquirers shop in.
Obligation trajectory (by federal FY)
| FY | Obligated | Awards |
|---|---|---|
| FY2016 | $284K | 1 |
| FY2019 | $445K | 1 |
| FY2020 | $8.3M | 11 |
| FY2021 | $34.6M | 19 |
| FY2022 | $13.0M | 11 |
| FY2023 | $48.4M | 23 |
| FY2024 | $23.1M | 11 |
| FY2025 | $131.2M | 17 |
| FY2026 | $402.5M | 6 |
Recent awards
| Start | Amount | Agency | NAICS |
|---|---|---|---|
| 2026-06-16 | $285K | Department of Homeland Security | 811210 |
| 2026-03-19 | $389.9M | Department of Transportation | 334210 |
| 2026-03-19 | $1.1M | Department of Defense | 334511 |
| 2026-03-04 | $1.2M | Department of Defense | 334515 |
| 2026-02-05 | $6.9M | Department of Defense | 334220 |
| 2026-01-23 | $3.1M | Department of Defense | 334515 |
| 2025-09-30 | $2.2M | Department of Homeland Security | 541330 |
| 2025-09-29 | $23.3M | Department of Homeland Security | 334511 |
Largest single award: $389.9M from Department of Transportation (2026-03-19).
How to read these scores. Cassandra computes leading-indicator signals strictly from public federal award history (USAspending.gov) and public SEC filings (EDGAR). Scores are pattern-based and probabilistic — they describe profiles that historically correlate with acquisitions and major corporate events. They are not predictions of certainty, not insider or material non-public information (MNPI), and not investment advice. Do your own diligence.