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Loss of $9M VA contract hits Ameriguard (AGSS) 2026 revenue

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Ameriguard Security Services, Inc. reports that its subsidiary TransportUS Inc. was not re-awarded the Veterans Affairs Long Beach, CA transportation contract, which had generated approximately $9 million in annual revenue.

The loss of this contract represents about 58% of total revenue projected for 2026, making it a major hit to expected sales. The contract, which TUS had managed for 7.5 years, has been awarded to another California corporation for a 3.5-year term totaling $20,928,228, with transition occurring during April 2026. Ameriguard notes that such awards are part of normal contracting dynamics and that TUS is bidding on other transportation contracts of similar size while continuing to manage two southern California contracts with approximately $3.8 million in annual revenue. The filing also states that TUS plans to protest the award under the Federal contracting process.

Positive

  • None.

Negative

  • Loss of key VA contract that generated approximately $9 million in annual revenue, described as about 58% of total revenue projected for 2026, signaling a substantial concentration and earnings impact.

Insights

Ameriguard faces a sharp 2026 revenue hit after losing a major VA contract.

Ameriguard Security Services, through its subsidiary TransportUS Inc. (TUS), lost the Veterans Affairs Long Beach transportation contract, which had provided about $9 million in annual revenue. The company states this equates to roughly 58% of revenue projected to be earned in 2026, indicating heavy concentration in this single contract.

The award has shifted to another California contractor for a 3.5-year term totaling $20,928,228, with transition during April 2026. Although Ameriguard characterizes such changes as normal in the industry, the disclosed percentage impact suggests a material near-term business challenge for TUS.

TUS continues to manage two southern California contracts with approximately $3.8 million in annual revenue and is bidding on other transportation contracts of comparable value. The text also notes that, under the Federal contracting process, TUS plans to protest the award, but any outcome is not described, leaving future revenue replacement dependent on subsequent contracting results.

Item 1.02 Termination of a Material Definitive Agreement Business
A significant contract was terminated, which may affect business operations or revenue.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Lost contract annual revenue $9 million per year VA Long Beach transportation contract managed by TUS
Impact on 2026 projected revenue 58% of total revenue Loss of VA Long Beach contract for 2026 projections
New contractor award value $20,928,228 Total value over 3.5-year VA Long Beach term
Remaining TUS annual revenue $3.8 million per year Two transportation contracts in southern California
Prior contract duration 7.5 years Period TUS managed the VA Long Beach contract
New contract term length 3.5 years Term of VA Long Beach contract awarded to new contractor
Termination of a Material Definitive Agreement regulatory
"Item 1.02 Termination of a Material Definitive Agreement"
Other Events regulatory
"Item 8.01 Other Events On April 8, 2026"
Federal Contracting process regulatory
"The Federal Contracting process allows for participating companies to protest"
protest the award regulatory
"Based on information learned after the contract award, TUS plans to protest the award."
material definitive agreement regulatory
"Item 1.02 Termination of a Material Definitive Agreement"
A material definitive agreement is a legally binding contract that creates major, long‑term obligations or rights for a company, such as loans, asset sales, mergers, or supplier deals. Think of it like a mortgage or lease for a business: it can change future cash flow, risk and control, so investors watch these agreements closely because they can materially affect a company’s value, financial health and stock price.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported) April 7, 2026

 

Ameriguard Security Services, Inc.
(Exact name of registrant as specified in its charter)

 

Nevada   333-173039   99-0363866
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

5470 W. Spruce Ave #102 Fresno, CA   93722
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code (559) 271-5984

 

 
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
         
         
         

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

Item 1.02 Termination of a Material Definitive Agreement

 

Item 8.01 Other Events

 

On April 8, 2026, Ameriguard Security Services Inc. (AGSS), received an email from the Department of Veterans Affairs Regional Procurement Office West, located in Pheonix AZ that the Veterans Affairs Long Beach CA contract was not awarded to TransportUS Inc. (TUS) a subsidiary of AGSS. The contract had been managed by TUS for 7.5 years and provided approximately $9 Million in annual revenues. This is approximately 58% loss of total revenue projected to be earned in 2026.

 

The contract was awarded to a California Corporation with a 3.5-year term, representing a total contract award of $20,928,228. The process of transitioning the contract from TUS to the new contractor will take place during April 2026. This award to the new contractor is a part of the normal contract business operations and although significant to TUS, is not unusual in the industry. TUS continues to bid on other transportation contracts of equal value. The Federal Contracting process allows for participating companies to protest the award due to mishandling by the Department of Veterans. Based on information learned after the contract award, TUS plans to protest the award.

 

TUS continues to manage two contracts in southern California with total revenues of approximately $3.8 million per year.

 

 

 

 

  

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Ameriguard Security Services, Inc
   
  By:  /s/ Michael Goossen
    Michael Goossen, CPA
CFO

 

Date:  April 10, 2026

 

 

 

 

 

FAQ

What major contract did Ameriguard Security Services (AGSS) lose?

Ameriguard’s subsidiary TransportUS Inc. was not re-awarded the Veterans Affairs Long Beach, CA transportation contract. The contract had been managed for 7.5 years and generated about $9 million in annual revenue, making it a core part of the subsidiary’s business.

How will the lost VA Long Beach contract affect AGSS’s 2026 revenue?

The company states the lost VA Long Beach contract represents approximately 58% of total revenue projected to be earned in 2026. This indicates a significant negative impact on expected sales unless Ameriguard replaces that business with new contract awards.

What is the value and term of the new VA Long Beach contract awarded to another firm?

The VA Long Beach transportation contract was awarded to another California corporation for a 3.5-year term. The filing reports a total contract award value of $20,928,228 over that period, covering the services previously provided by TransportUS Inc.

Is Ameriguard planning to challenge the VA contract award decision?

Yes. The filing explains that the Federal contracting process permits protests and states that TransportUS Inc. plans to protest the award. This follows information learned after the award, though no details are given about timing or potential outcomes of such a protest.

What contracts and revenue streams does TransportUS Inc. still have after losing the VA Long Beach contract?

TransportUS Inc. continues to manage two transportation contracts in southern California, with total revenues of approximately $3.8 million per year. The company also notes that TUS is actively bidding on other transportation contracts of equal value to the lost VA award.

How does Ameriguard describe the loss of this VA contract within its industry context?

Ameriguard states that awarding the contract to a new contractor is part of normal contract business operations and “not unusual in the industry,” even though it is significant for TransportUS Inc. This frames the event as commercially important but not industry-abnormal.

Filing Exhibits & Attachments

3 documents