WidePoint Corporation Statement Regarding GAO Protest Decision on DHS CWMS 3.0 Award
The procurement outcome remains unsettled, and the GAO’s findings are not yet public.
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Rhea-AI Summary
WidePoint (WYY) reported on September 25, 2026, that the GAO sustained TurningPoint Global Solutions’ protest over the DHS CWMS 3.0 award.
The decision does not necessarily conclude the Department of Homeland Security procurement. Possible next steps include corrective action or a re-evaluation by the agency. The GAO’s findings and recommendations remain under a protective order while attorneys review the decision for possible redactions before a public version is issued. WidePoint said it will assess its options with counsel once that version is available and is engaging with DHS about the agency’s next steps.
Details
News Market Reaction – WYY
On Sep 25, the day this news came out, WYY closed 50.59% below the previous close. Argus tracked a trough of -58.8% from its starting point during tracking. Our momentum scanner recorded 107 alerts for this stock that day. That session’s volume was 39.8x the stock’s average daily volume.
Data tracked by StockTitan Argus for the Sep 25 session.
Historical Context
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WidePoint was named single awardee for DHS CWMS 3.0, with a $3.1 billion ceiling.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAIRFAX, Va., Sept. 25, 2026 (GLOBE NEWSWIRE) -- WidePoint Corporation (NYSE American: WYY), a leading provider of Secure Mobile Management and Managed Services Solutions, today provided an update regarding the Government Accountability Office (GAO) decision concerning the Department of Homeland Security (DHS) Cellular Wireless Managed Services (CWMS) 3.0 contract. The GAO has notified WidePoint that it has sustained the protest filed by TurningPoint Global Solutions regarding the award. It is important to note that a "sustained" protest does not necessarily conclude the procurement process; rather, it is a routine mechanism within federal contracting that may lead to various outcomes, including corrective actions or re-evaluations, as determined by the agency.
In accordance with standard federal procurement procedures and the protective order currently in place, the specific findings and recommendations of the GAO decision remain under seal and are not publicly available at this time. The attorneys for the parties are in the process of reviewing the protected decision for potential redactions of sensitive information before a public version of the decision is issued. As a result, the full details of the decision are not yet available to WidePoint or the public.
WidePoint is committed to a transparent and thorough process. Once the public decision is issued, the company will work with legal counsel to review the GAO decision and WidePoint’s options in response to it, and WidePoint is engaging with DHS to understand the agency’s next steps in response to the decision.
WidePoint continues to maintain a strong, productive relationship with DHS and remains fully focused on delivering exceptional service and value to all of our federal and commercial clients. Further updates will be provided as appropriate and in accordance with regulatory requirements.
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
FAQ
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What did the GAO decide about WidePoint’s DHS CWMS 3.0 award?
The GAO sustained TurningPoint Global Solutions’ protest concerning the award. That decision does not necessarily conclude the procurement process.