WYY News & Events

WidePoint announced that it has been selected as the single awardee of the Department of Homeland Security's Cellular Wireless Managed Services 3.0 contract, a 10-year Indefinite Delivery, Indefinite Quantity contract consisting of a one-year base period and nine one-year option periods with a contract ceiling value of approximately $3.1B. Under the CWMS 3.0 award, WidePoint will deliver and manage an integrated portfolio of solutions that support lifecycle management, connectivity, security, and operational requirements across all DHS components.

Reports Q4 revenue $42.32M, consensus $40.28M. WidePoint CEO Jin Kang commented: "The deliberate steps we took to stabilize our cost structure while maintaining headcount and ongoing investments back into the business resulted in meaningful improvements across our second half results. Adjusted EBITDA and Free Cash Flow results grew over 190% and 325%, respectively, from the first half to the second half of 2025. We navigated the headwinds experienced early in the year efficiently, and with our strong pipeline, we believe WidePoint is well-positioned to deliver meaningful growth over the coming years."

WidePoint announced a Phase One $1.3M contract award to its Managed Services division with one of the leading bottlers in the beverage industry. The engagement will provide the bottler with comprehensive hardware and software solutions to support the company's near-term growth objectives and operational scalability. Under the two-phased agreement, WidePoint will deliver end-to-end managed services to ensure the bottler meets critical IT and infrastructure milestones tied to expansion and productivity initiatives. The second phase is scheduled for the second half of 2026 as part of an overall technical refresh initiative.

WidePoint announced that it has been awarded another contract under the Navy Spiral 4 Contract vehicle. Awarded by the U.S. Army, the new award is a five-year contract with a one-year base period and four one-year option periods. The total contract value is over $1.25M if all options are exercised. WidePoint will provide the U.S. Army with a comprehensive and secure state-of-the-art alpha-numeric paging system and wrap around managed mobility services including: Activation and Deactivation; On-Site Programming; Repair and Replacement; Lost/Damaged Pager Billing; Infrastructure Maintenance; System Support; Security and Compliance.