Cycurion, Inc. Announces $6 Million Contract Award by Major Municipal Transportation Agency

Rhea-AI Summary

Cycurion (Nasdaq: CYCU) has secured a $6 million contract from a major municipal transportation agency to provide comprehensive IT and cybersecurity services. The contract encompasses professional consulting services, including:

• Audit and Cybersecurity Services
• Organizational Change Management
• Data Analytics
• Information Technology Services

The scope may include integration of Cycurion's proprietary ARx platform. The company will deliver risk assessments, regulatory compliance analysis, enterprise cybersecurity strategy development, testing, and vulnerability management. CEO L. Kevin Kelly highlighted this as a strategic expansion into the transportation vertical, demonstrating their capabilities in the municipal sector.

This award aligns with Cycurion's strategy to expand its presence in public sector services while broadening its high-value IT and cybersecurity offerings.

Positive

• $6M new contract secured from major municipal transportation agency
• Expansion into municipal transportation sector vertical
• Potential integration of proprietary ARx platform in the contract scope
• Diversification of service offerings into higher-value IT and cybersecurity services
• Growing presence in broader public sector services market

Negative

• Contract value relatively modest at $6M compared to typical enterprise-level cybersecurity deals
• Actual ARx platform integration not guaranteed, only listed as potential

Insights

Financial Analyst

Cycurion's $6M transportation contract expands sector reach and validates strategy to deliver comprehensive IT/cybersecurity services in public sector markets.

Cycurion's new $6 million contract with a major municipal transportation agency represents tangible execution of their stated strategic initiatives. The contract value is explicitly defined, providing clear revenue visibility, though the duration isn't specified. This agreement expands Cycurion's footprint into the transportation vertical, a new sector according to CEO L. Kevin Kelly's statement that it "represents an important expansion into that vertical."

The comprehensive nature of the contract spans multiple service areas including cybersecurity, organizational change management, data analytics, and IT services, showcasing Cycurion's ability to deliver end-to-end solutions rather than single-point offerings. The potential integration of their proprietary ARx platform could enhance the engagement's value proposition.

This contract aligns perfectly with the company's articulated strategy to "expand its presence among the broader public sector services market" while broadening "its service offerings to include higher value IT and leading cybersecurity services." The win demonstrates market validation of their strategic direction and ability to secure new business in target growth areas.

Cybersecurity Industry Expert

$6M contract establishes Cycurion in transportation cybersecurity with comprehensive services addressing complex sector-specific security requirements.

This $6 million municipal transportation contract demonstrates Cycurion's expansion into securing critical infrastructure systems. Transportation agencies manage complex environments with specific cybersecurity requirements and regulatory frameworks. The comprehensive scope—including risk assessments, vulnerability management, compliance analysis, and enterprise cybersecurity strategy development—addresses the multifaceted security challenges these organizations face.

Cycurion's existing "track record in defining and measuring organizational performance" positions them to address not just technical vulnerabilities but also process and governance aspects critical to effective security programs. The potential integration of their proprietary ARx platform suggests a technology-enabled approach rather than purely consulting services.

This contract represents more than just incremental revenue; it establishes Cycurion as a player in the transportation security sector, where agencies are increasingly prioritizing cybersecurity amid evolving threats. The win validates their capability to compete effectively in specialized public sector security verticals beyond their existing client base.

Award demonstrates Cycurion’s growth in public, transportation sector through comprehensive IT and cybersecurity services offering

MCLEAN, Va., April 29, 2025 (GLOBE NEWSWIRE) -- Cycurion (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions and AI, announces it has been awarded a $6 million contract by a major municipal transportation agency. Under this contract, Cycurion will deliver a wide range of professional consulting services, including Audit and Cybersecurity Services, Organizational Change Management Consulting, Data Analytics, and Information Technology Services. The Scope of Work also potentially includes the integration of Cycurion’s proprietary ARx platform to further enhance operational and cybersecurity capabilities.

Cycurion brings extensive transportation sector expertise, combined with a strong track record in defining and measuring organizational performance to address deficiencies. Specific services provided will include Risk and Vulnerability Assessments, Regulatory Compliance Analysis, Enterprise Cybersecurity Strategy Development, Testing, and Vulnerability Management.

“The contract with this major municipal transportation agency demonstrates the utility of our full range of capabilities within the municipal transportation sector, and represents an important expansion into that vertical,” said L. Kevin Kelly, CEO of Cycurion. “This award further highlights our strategic growth and ongoing commitment to helping our clients manage risk, drive innovation, and achieve operational excellence. We look forward to leveraging our full team’s broad resources and deep industry expertise to deliver best-in-class solutions.”

Cycurion continues to drive its overarching strategy to expand its presence among the broader public sector services market – including that of transportation – along with the broadening of its service offerings to include higher value IT and leading cybersecurity services.

About Cycurion
Based in McLean, Virginia, Cycurion (NASDAQ: CYCU) is a forward-thinking provider of IT cybersecurity solutions and AI, committed to delivering secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity, Cycurion harnesses its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries, Axxum Technologies, Cloudburst Security, and Cycurion Innovation, Inc., Cycurion serves government, healthcare, and corporate clients with a commitment to securing the digital future.

Forward Looking Statements
This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the operations and prospective growth of Cycurion’s business.

Many factors could cause Cycurion’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements described in this press release, including words such as “continue”, “expect”, “intend”, “will”, “hope”, “should”, “would”, “may”, “potential”, and other similar expressions. Such factors could include, among others, those detailed in its Registration Statement on Form S-4 and in its Annual Report on Form 10-K, each as filed with the Securities and Exchange Commission (the “SEC”). Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled “Risk Factors” in those filings with the SEC underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and Cycurion does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. Cycurion cannot assure that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Individuals are cautioned that forward-looking statements are not guarantees of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.

Investor Contact:
CORE IR
investors@cycurion.com

Media Contact:
Phone: (703) 555-0123
Email: media@cycurion.com

FAQ

How much is Cycurion's (CYCU) new transportation contract worth?

Cycurion (CYCU) secured a $6 million contract with a major municipal transportation agency to provide IT and cybersecurity services.

What services will Cycurion (CYCU) provide under the new transportation contract?

Cycurion will provide Audit and Cybersecurity Services, Organizational Change Management, Data Analytics, IT Services, and potentially integrate their proprietary ARx platform.

How does the transportation contract align with CYCU's growth strategy?

The contract aligns with Cycurion's strategy to expand in the public sector services market, particularly transportation, while broadening their IT and cybersecurity service offerings.

What cybersecurity solutions will CYCU implement for the transportation agency?

CYCU will implement Risk and Vulnerability Assessments, Regulatory Compliance Analysis, Enterprise Cybersecurity Strategy Development, Testing, and Vulnerability Management solutions.

What is the significance of CYCU's transportation contract for the company?

The contract represents an important expansion into the municipal transportation sector and demonstrates the utility of Cycurion's full range of capabilities in this vertical market.