WidePoint Awarded 3-Year External Certification Authority (ECA) Token Certificate Contract to Leading Aerospace & Defense Contractor

Rhea-AI Summary

WidePoint Corporation (NYSE American:WYY) has secured a significant three-year contract worth $1.06 million to provide External Certification Authority (ECA) Token Certificate credentials to a major U.S. aerospace and defense contractor. As one of only two providers authorized by the U.S. Department of Defense for ECA Token Certificates, WidePoint will deliver secure digital credentials for authentication and communications within the ECA ecosystem. The Fortune 100 client requires stringent supply chain security measures, particularly for foreign manufacturers' shipments, to prevent terrorist contraband. The contract highlights WidePoint's strong position in federal and defense sector identity management, with potential for expansion through their MobileAnchor Derived Credential Solution.

Positive

• Secured new 3-year contract worth $1.06 million with a Fortune 100 aerospace & defense contractor
• WidePoint is one of only two DoD-authorized providers for ECA Token Certificates, demonstrating competitive advantage
• Potential for additional revenue through MobileAnchor Derived Credential Solution expansion

Negative

• None.

Insights

Cybersecurity and Government Contracts Analyst

WidePoint secures $1.06M contract with major defense contractor, strengthening position in federal identity management market.

WidePoint's $1.06 million three-year contract to provide ECA Token Certificate credentials to a Fortune 100 aerospace and defense contractor represents a significant win in the identity management space. This agreement solidifies the company's position as one of only two DoD-authorized providers of these specialized security credentials - creating a valuable competitive moat in a high-barrier-to-entry market.

The contract highlights WidePoint's strategic focus on high-security government and defense customers, where certification requirements create substantial switching costs for clients. The mention of potential expansion into their Derived Credential Solution through MobileAnchor signals a cross-selling opportunity that could increase the contract's lifetime value beyond the initial $1.06 million.

The aerospace client's strict supply chain security requirements align perfectly with WidePoint's security-focused credentials, demonstrating product-market fit within defense contractor ecosystems where security requirements cascade down to all suppliers. While modest in size compared to typical defense sector contracts, this win with a Fortune 100 client provides valuable reference credibility that should strengthen WidePoint's business development pipeline within the aerospace and defense sector.

This contract represents approximately 1% of WidePoint's annual revenue (based on their recent financial performance), making it meaningful but not transformative to their overall financial picture. The three-year term provides welcome revenue visibility in the typically lumpy government contracting space.

FAIRFAX, VA / ACCESS Newswire / June 16, 2025 / WidePoint Corporation(NYSE American:WYY), the federally certified provider of Trusted Mobility Management (TM2) solutions, announced today that it has secured a three-year deal valued at $1.06 million to deliver External Certification Authority (ECA) Token Certificate credentials to a top-tier, U.S.-based aerospace and defense contractor. This transaction underscores WidePoint's ongoing commitment to supporting the secure identity management needs of mission-critical national security partners.

"Our ability to support organizations at the forefront of defense and innovation continues to position WidePoint as a trusted identity management provider in the federal and defense sectors," said Jin Kang, CEO of WidePoint. "We're proud to enable secure authentication and communications for this valued client as they advance technologies vital to national security."

The client, a Fortune 100 company with extensive operations in aerospace, defense, and advanced technologies, benefits from WidePoint's PKI solutions, which are designed to meet the rigorous standards of federal agencies and leading defense integrators.

Jason Holloway, Chief Revenue Officer at WidePoint, commented, "We are pleased to be one of two providers authorized by the U.S. Department of Defense to provide our certified ECA Token Certificate, a secure digital credential that verifies and authenticates tokens within the ECA ecosystem. This certificate enhances trust by ensuring the integrity and legitimacy of tokens used for secure transactions and communications. It leverages advanced encryption standards to provide a reliable and scalable solution for organizations seeking robust digital certification. Caroline Godfrey, WidePoint Cyber Security Corporation's Chief Security Officer, will continue to work with this client to promote MobileAnchor in order to move to the next phase of our Derived Credential Solution."

As part of their supply chain security initiatives, this Fortune 100 defense contractor requires that all shipments from foreign manufacturers, including drop shipments to sub-tier suppliers or end customers, must be transported through validated transportation companies participating in recognized supply chain security programs. These programs are designed to protect the supply chain from the introduction of terrorist contraband such as weapons, explosives, biological, nuclear, or chemical agents. Shippers are advised to coordinate with procurement representatives to ensure compliance with validated transport providers, aiming to prevent the introduction of such contraband into shipments.

About WidePoint
WidePoint Corporation (NYSE American:WYY) is a leading technology Managed Solution Provider (MSP) dedicated to securing and protecting the mobile workforce and enterprise landscape. WidePoint is recognized for pioneering technology solutions that include Identity & Access Management (IAM), Mobility Managed Services (MMS), Telecom Management, Information Technology as a Service, Cloud Security, and Analytics & Billing as a Service (ABaaS). To learn more, visit https://www.widepoint.com.

WidePoint Investor Relations:
Gateway Group, Inc., Matt Glover or John Yi
949-574-3860
WYY@gateway-grp.com

SOURCE: WidePoint Corporation

View the original press release on ACCESS Newswire

FAQ

What is the value and duration of WidePoint's (WYY) new ECA Token Certificate contract?

WidePoint secured a three-year contract valued at $1.06 million to provide ECA Token Certificate credentials to a leading aerospace and defense contractor.

How many providers are authorized by the Department of Defense to provide ECA Token Certificates?

WidePoint is one of only two providers authorized by the U.S. Department of Defense to provide ECA Token Certificates.

What security measures does the Fortune 100 defense contractor require for shipments?

The contractor requires all shipments from foreign manufacturers to be transported through validated transportation companies participating in recognized supply chain security programs to prevent terrorist contraband.

What is WidePoint's potential expansion opportunity with this contract?

WidePoint has the opportunity to expand services through their MobileAnchor Derived Credential Solution, which they are promoting to the client for the next phase.

Who is the CEO of WidePoint (WYY)?

Jin Kang is the CEO of WidePoint Corporation.