CONTRACTPENDING

BIS Settlement Agreement Reached With Lambda Research Corporation

Bureau of Industry and Security logoBureau of Industry and Security
Disclosed value
$2,000,000 civil penalty, fully suspended for one year and thereafter waived if compliant
From agreement
Document date
Sep 28, 2026

The 30-second brief

What it covers

The Bureau of Industry and Security entered into a settlement agreement with Lambda Research Corporation over 66 alleged export-control violations. Lambda agreed to a $2 million civil penalty, suspended for one year and subject to waiver if the company completes required compliance training and an internal audit.

Who holds it

Lambda Research Corporation holds this legal contract with Bureau of Industry and Security.

What happens next

Term as filed: Binding upon approval by the Assistant Secretary of Commerce for Export Enforcement; penalty suspension runs for one year from the date of the Order.

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Contract details

Contract type
Legal
Amount
$2,000,000 civil penalty, fully suspended for one year and thereafter waived if compliant
Document date
September 28, 2026
Term
Binding upon approval by the Assistant Secretary of Commerce for Export Enforcement; penalty suspension runs for one year from the date of the Order
Source document
Bureau of Industry and Security Agreement Settlement Agreement with Lambda Research Corporation 2026-09-28 (Agreement)

Lambda Research Corporation's other public contracts

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Questions about this contract

Who was awarded the legal contract by Bureau of Industry and Security?

Lambda Research Corporation was awarded this legal contract by Bureau of Industry and Security, as recorded on September 28, 2026. The contract value is $2,000,000 civil penalty, fully suspended for one year and thereafter waived if compliant.

How much is the Lambda Research Corporation contract with Bureau of Industry and Security worth?

The Lambda Research Corporation contract with Bureau of Industry and Security is valued at $2,000,000 civil penalty, fully suspended for one year and thereafter waived if compliant, covering legal work.

What type of contract is this?

This is a Legal contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Bureau of Industry and Security Agreement Settlement Agreement with Lambda Research Corporation 2026-09-28 (Agreement), dated September 28, 2026 from Bureau of Industry and Security. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Lambda Research Corporation hold?

Lambda Research Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Bureau of Industry and Security currently buying?

Explore Bureau of Industry and Security's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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