Geopolitics Alpha

Keysight Technologies (KEYS): government contracts, filings & geopolitical news

Keysight Technologies (KEYS) and its matched subsidiaries received $38.2M in federal contract obligations in the last 12 months and $142.5M over the last five years, according to USAspending.gov. The Department of Defense accounted for 90% of the five-year total, followed by the National Aeronautics and Space Administration (6%). Annual obligations rose from $15.7M in fiscal 2025 to $38.4M in fiscal 2026 (+144%). Its largest contract with activity in that period is FA248723CA005 from the Department of the Air Force for rapid acquisition of a radio frequency threat simulator 4, with $15.4M obligated over the life of the award. The Department of Defense announced 3 contract actions naming Keysight Technologies in the past year (face value $34.5M); the latest, on Oct 1, 2026, was $11.4M via the Navy. 7 tracked superinvestor portfolios reported KEYS in the latest 13F filings.

Keysight Technologies government contracts

$38.2Mobligated, last 12 months
$142.5Mobligated, last 5 years
11awarding agencies
3DoD announcements, past year
FY2022: $20.9M (partial)$20.9MFY22*FY2023: $43.2M$43.2MFY23FY2024: $24.3M$24.3MFY24FY2025: $15.7M$15.7MFY25FY2026: $38.4M$38.4MFY26FY2027: $0 (partial)$0FY27*
Keysight Technologies federal contract obligations by fiscal year. Federal fiscal years (October to September); * = partial year.

Obligations by agency

AgencyLast 12 monthsLast 5 yearsShare of 5 years
Department of Defense$31.3M$128.0M90%
National Aeronautics and Space Administration$5.1M$9.1M6%
Department of Commerce$1.2M$3.0M2%
Department of Transportation$289K$1.8M1%
Federal Communications Commission$128K$220K0%
Department of Homeland Security$31K$116K0%
Department of Justice$35K$114K0%
Department of Labor$46K$46K0%
Department of Agriculture$0$29K0%
Smithsonian Institution$0$22K0%

Top contracting offices (5 years): Department of the Air Force $48.3M; Department of the Navy $36.9M; Department of the Army $32.0M; Defense Logistics Agency $9.4M; National Aeronautics and Space Administration $9.1M; National Institute of Standards and Technology $2.5M.

Largest contracts

Largest KEYS prime contracts with activity in the last five years, by total obligated
AwardDescription · recipientAgencyObligated (award total)StartEnd
FA248723CA005Rapid acquisition of a radio frequency threat simulator 4 KEYSIGHT TECHNOLOGIES, INC.Department of Defense Department of the Air Force$15.4MJul 25, 2023Sep 21, 2026
W912CH26F0140This do w912ch26f0140 to contract w31p4q23d0009, is to order 546 cm-523/u, 546 training cds, with supporting elins. KEYSIGHT TECHNOLOGIES INCDepartment of Defense Department of the Army$12.1MMar 5, 2026Apr 30, 2027
FA857126F0034This requirement is for the procurement of kits, required to assemble vdats, in accordance with the attached kit configuration lists. KEYSIGHT TECHNOLOGIES INCDepartment of Defense Department of the Air Force$11.1MMar 20, 2026Sep 20, 2026
1333ND21PNB670661Mission critical voice test equipment KEYSIGHT TECHNOLOGIES INCDepartment of Commerce National Institute of Standards and Technology$5.3MSep 23, 2021Mar 31, 2025
N0010423PSD21Analyzer,spectrum KEYSIGHT TECHNOLOGIES INCDepartment of Defense Department of the Navy$3.4MJun 8, 2023Aug 17, 2023
80TECH26P0013Keysight radio frequency hardware and software KEYSIGHT TECHNOLOGIES INCNational Aeronautics and Space Administration$3.0MJul 17, 2026Nov 9, 2026
W31P4Q23F0172This is a firm-fixed price delivery order to procure microwave measuring receiver. this supports the product director, test and maintenance and diagnostic equipment. KEYSIGHT TECHNOLOGIES INCDepartment of Defense Department of the Army$2.8MJun 1, 2023Dec 1, 2023
W31P4Q24F0094The purpose of this delivery order w31p4q-23-d-0008/w31p4q24f0094 is to acquire microwave measuring receivers, in support of product director, test measurement and diagnostic equipment. KEYSIGHT TECHNOLOGIES INCDepartment of Defense Department of the Army$2.8MApr 24, 2024Oct 31, 2024
SPRMM122FCP00Analyzer,spectrum KEYSIGHT TECHNOLOGIES, INC.Department of Defense Defense Logistics Agency$2.5MDec 16, 2021Sep 30, 2022
SPRMM122FDZ00Microwave analyzer KEYSIGHT TECHNOLOGIES, INC.Department of Defense Defense Logistics Agency$2.3MFeb 15, 2022Sep 19, 2022

Newest contracts

Most recently started KEYS prime contracts, last 12 months
AwardDescription · recipientAgencyObligated (award total)StartEnd
80NSSC26P0894Calibration of indoor test range antenna KEYSIGHT TECHNOLOGIES INCNational Aeronautics and Space Administration$24KSep 28, 2026Sep 27, 2027
1605C126C0019Procurement for two (2) two-channel performance audio analyzer with integrated generator KEYSIGHT TECHNOLOGIES INCDepartment of Labor Office of the Assistant Secretary for Administration and Management$46KSep 25, 2026Dec 30, 2026
1333ND26PNB670462Ou67-fy26-221-new 0.5 mm offset short primary calibration kit KEYSIGHT TECHNOLOGIES INCDepartment of Commerce National Institute of Standards and Technology$243KSep 23, 2026Mar 11, 2027
1333ND26PNB670602Qnet amplifier pump KEYSIGHT TECHNOLOGIES INCDepartment of Commerce National Institute of Standards and Technology$99KSep 22, 2026Mar 22, 2027
1331L526P13350076Equpiment calibration KEYSIGHT TECHNOLOGIES INCDepartment of Commerce Office of the Secretary$54KSep 18, 2026Sep 17, 2027
1331L526P13350073Equipment calibration KEYSIGHT TECHNOLOGIES INCDepartment of Commerce Office of the Secretary$15KSep 18, 2026Sep 17, 2027
6973GH26P02863Purchase of test equipment, software, and support services from vendor keysight. KEYSIGHT TECHNOLOGIES, INC.Department of Transportation Federal Aviation Administration$170KSep 11, 2026Mar 20, 2027
273FCC26P0054Calibration of equipment KEYSIGHT TECHNOLOGIES INCFederal Communications Commission$120KSep 1, 2026Aug 31, 2027

Recent Department of Defense contract announcements

DateBranch / agencyAmountContractAnnouncement (excerpt)
Oct 1, 2026Navy$11.4MM67854-26-D-5110Keysight Technologies Inc., Colorado Springs, Colorado, was awarded an $11,376,546 firm-fixed-price, sole-source, indefinite-delivery/indefinite-quantity contract for the Microwave Radio Test Sets (MRTS). This contract provides calibration, repair, and other…
Sep 30, 2026Navy$10.7MN6893626D5012Keysight Technologies Inc., Colorado Springs, Colorado, is awarded a $10,707,907 fixed-price indefinite-delivery/indefinite-quantity contract for repair, maintenance, and calibration of signal generators, network analyzers, and oscilloscopes on a per-incident…
Mar 2, 2026Air Force$12.5MFA8571-21-D-0003Keysight Technologies Inc., Colorado Springs, Colorado, has been awarded a $12,465,153 indefinite-delivery modification (P00008) to a previously awarded contract (FA8571-21-D-0003) for the purchase of additional quantity of Versatile Diagnostic Automated Test…

Matched USAspending recipients: KEYSIGHT TECHNOLOGIES, INC. (UEI NBMDBMMXJLR5, parent with subsidiaries).

Contract data: USAspending.gov (federal prime contract obligations, award types A-D, by action date) and the Department of Defense daily contract announcements (awards of $7.5 million or more). Both are public-domain U.S. government data. Company matching uses legal names and parent/child recipient records and is deliberately conservative, so some subsidiaries may be missing. Obligations are not revenue. Not investment advice.

KEYS share price, last 12 months

Close $374.67 on Oct 8, 2026, +121.1% since Oct 24, 2025 (range $167.77 to $388.01, daily closes).

Company facts

Ticker
KEYS (NYSE)
Sector
Industrials
Industry (SEC SIC code)
Industrial Instruments For Measurement, Display, and Control (3823)
Headquarters (USAspending)
Santa Rosa, Ca

Industry from the SEC Standard Industrial Classification code on the company's EDGAR filings.

What changed for Keysight Technologies (KEYS)

Latest SEC filings

None on record yet.

Latest fund & insider buys and sales

None on record yet.

Held by superinvestors

7 of the tracked billionaire portfolios reported KEYS in their latest 13F. 13F data is delayed up to 45 days after quarter end; not advice.

Manager% of portfolioValueChangeQuarter
Daniel Loeb Third Point4.40%$204.8MNew positionQ2 2026
Francois Rochon Giverny Capital1.68%$50.1MReduced 56%Q2 2026
John Rogers Ariel Investments0.51%$51.0MReduced 29%Q2 2026
Bill Gates Cascade Investment0.41%$746.5KReduced 12%Q3 2026
Ray Dalio Bridgewater Associates0.12%$29.0MAdded 10%Q2 2026
Mario Gabelli GAMCO Investors0.02%$2.2MReduced 2%Q2 2026
Lee Ainslie Maverick Capital0.01%$801.0KNew positionQ2 2026

Latest geopolitical & market news

None on record yet.

Peers: Industrial Instruments For Measurement, Display, and Control

CompanyTickerFederal contracts, 12 months
DanaherDHR$128.0M
AmetekAME$39.8M
Roper TechnologiesROP$27.9M
FortiveFTV$119.3M
MksMKSI–
CognexCGNX–
RalliantRAL–
Sensata Technologies HoldingST–
Senseonics HoldingsSENS–

Biggest government contractors in Industrials: Lockheed Martin ($52.30B), Rtx ($33.79B), The Boeing ($28.52B), General Dynamics ($28.21B), Northrop Grumman ($13.93B), Huntington Ingalls Industries ($9.32B), Fluor ($8.05B), L3Harris Technologies ($6.68B).

Congressional trades in KEYS

Trades in KEYS that members of Congress have publicly reported, newest filing first.

No congressional trades are stored for this view yet.

All congressional stock trades →

Geopolitical news for KEYS

Everything on KEYS, newest first

No original notes are listed on this page yet.

Frequently asked questions

How much does the U.S. government spend with Keysight Technologies?

USAspending.gov shows $38.2M in federal contract obligations to Keysight Technologies (KEYS) and its matched subsidiaries in the last 12 months and $142.5M over the last five years (as of Oct 28, 2026).

Which agencies award contracts to Keysight Technologies?

Over five years: Department of Defense $128.0M; National Aeronautics and Space Administration $9.1M; Department of Commerce $3.0M; Department of Transportation $1.8M.

What is Keysight Technologies's latest Department of Defense contract?

On Oct 1, 2026 the Department of Defense announced a $11.4M award to Keysight Technologies Inc. (M67854-26-D-5110) via the Navy.

Where does the contract data come from?

USAspending.gov (the official source of U.S. federal spending data) and the Department of Defense's daily contract announcements. Both are public domain and refreshed daily here.

What geopolitical news affects KEYS?

This page lists every Geopolitics Alpha note that names KEYS as exposed to an event, with the reason it is exposed.

Has Congress traded KEYS?

The table above lists trades in KEYS that members of Congress have publicly reported, with a link to each official filing.

Is this investment advice?

No. We show news, exposure and past price moves. Nothing here is a recommendation.