WidePoint Named a Prime Contract Awardee on the $60 Billion NASA SEWP VI Contract

WidePoint (NYSE American: WYY) has been named a prime contract awardee on the NASA Solutions for Enterprise-Wide Procurement (SEWP) VI contract, a multiple-award GWAC with a total procurement ceiling of $60 billion.

Rhea-AI Summary

WidePoint (NYSE American: WYY) has been named a prime contract awardee on the NASA Solutions for Enterprise-Wide Procurement (SEWP) VI contract, a multiple-award GWAC with a total procurement ceiling of $60 billion.

The contract has a five-year base period, five one-year options, and task orders that may extend performance up to 15 years. SEWP VI broadens WidePoint’s ability to deliver integrated IT, cybersecurity, cloud, managed services, mobile device management, and lifecycle support across U.S. federal agencies.

Positive

• Prime awardee on NASA SEWP VI GWAC with $60 billion ceiling
• Contract ordering period up to 10 years plus task orders to 15 years
• Expanded ability to deliver IT, cybersecurity, cloud, and managed services to federal agencies
• Access to buyers across civil, defense, and intelligence communities
• Capability to package hardware, software, security, and lifecycle services into integrated offerings

Negative

• None.

Argus Jun 23 session

+11.38% close to close Open Argus

Details

News Market Reaction – WYY

In the Jun 23 session, WYY gained 11.38%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock surged +11.4% in the session following this news. A strong positive reaction aligns with W...

Analysis

The stock surged +11.4% in the session following this news. A strong positive reaction aligns with WidePoint’s history of favorable responses to contract wins and earnings beats, but investors may monitor insider net selling and federal budget dynamics as potential constraints on sustaining such gains over time.

Key Figures

Contract ceiling: $60 billion Base period: 5 years Option periods: 5 years +2 more

Contract ceiling

$60 billion

Total procurement ceiling of NASA SEWP VI GWAC

Base period

5 years

Initial base period for SEWP VI

Option periods

5 years

Five one-year option periods under SEWP VI

Ordering period

10 years

Total SEWP VI ordering period including options

Potential performance term

15 years

Including task orders extending beyond ordering period

Historical Context

5 past events · Latest: May 19

5 events

1. May 19

   Corporate governance update

   24h Move

   +0.9%

   Administrative rescheduling of the 2026 annual stockholder meeting date and time.

2. May 14

   Earnings release

   24h Move

   +14.7%

   Q1 2026 results showing revenue growth, positive net income, and strong cash position.

3. May 05

   Investor conference

   24h Move

   +8.5%

   Announcement of management presentation and one-on-one meetings at LD Micro conference.

4. Apr 30

   Earnings call schedule

   24h Move

   -0.9%

   Scheduling notice for Q1 2026 earnings conference call and replay details.

5. Apr 14

   Contract awards

   24h Move

   +4.4%

   IT managed services contracts totaling $1.5M and expanded exclusive provider role.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

gwac, saas, paas, iaas, +2 more

6 terms

gwac regulatory

"SEWP VI is a multiple award, government-wide acquisition contract (GWAC) with a five-year"

A GWAC (Government-Wide Acquisition Contract) is a pre-approved, flexible buying agreement that allows government agencies to purchase specific services or products—often IT or professional services—without running a full procurement process each time. For investors, GWACs matter because winning a spot can provide a company with predictable, often multi-year revenue streams and easier access to large public-sector customers, similar to being added to a preferred supplier list that funnels steady orders.

saas technical

"Enterprise IT Services: Cloud (SaaS/PaaS/IaaS) and migration services, enterprise software,"

SaaS, or Software as a Service, is a way of delivering computer programs over the internet, allowing users to access and use them through a web browser without needing to install or maintain the software themselves. For investors, it highlights a business model where companies generate recurring revenue by providing ongoing access to their software, often leading to predictable income and growth potential.

paas technical

"Enterprise IT Services: Cloud (SaaS/PaaS/IaaS) and migration services, enterprise software,"

Platform as a Service (PaaS) is a cloud offering that provides developers with ready-made tools, computing power, and hosting so they can build, test, and run software without buying or managing the underlying servers and software stack. For investors, PaaS matters because it can drive predictable subscription revenue, lower customer costs of adoption, and scale rapidly — think of renting a fully equipped kitchen that lets chefs open more restaurants faster without building each kitchen from scratch.

iaas technical

"Enterprise IT Services: Cloud (SaaS/PaaS/IaaS) and migration services, enterprise software,"

Infrastructure as a Service (IaaS) is a cloud computing model that lets companies rent computing resources—like servers, storage, and network capacity—on demand instead of owning hardware. For investors, IaaS matters because it enables faster scaling, lower upfront costs, and predictable operating expenses for businesses, which can boost growth potential and margins; think of it as paying to use a utility grid rather than building your own power plant.

isr technical

"specialized ISR, robotics, and IoT devices for national security use cases."

ISR stands for socially responsible investing (from the French phrase Investissement Socialement Responsable) and means choosing stocks, bonds or funds based on environmental, social and governance criteria in addition to financial return. Like picking a brand that matches your values, ISR matters to investors because it helps align portfolios with personal or institutional priorities, can reduce exposure to companies with regulatory or reputational risks, and can influence demand and valuation for firms deemed more sustainable.

iot technical

"specialized ISR, robotics, and IoT devices for national security use cases."

The Internet of Things (IoT) describes a network of everyday devices—such as appliances, vehicles, and equipment—that are connected to the internet and can share data automatically. For investors, IoT represents a growing trend that can drive efficiency and innovation across many industries, potentially creating new opportunities for growth and value. Its expansion influences how companies operate and compete in a digitally connected world.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAIRFAX, Va., June 23, 2026 (GLOBE NEWSWIRE) -- WidePoint Corporation (NYSE American: WYY), a leading provider of Secure Mobile Management Solutions, today announced it has been named a prime contract awardee on the NASA Solutions for Enterprise-Wide Procurement (SEWP) VI contract. SEWP VI is a multiple award, government-wide acquisition contract (GWAC) with a five-year base period and five one-year option periods with a total procurement ceiling of $60 billion. Task orders may extend up to an additional five years beyond the contract’s ten-year ordering period, creating a potential period of performance of up to 15 years. SEWP VI expands WidePoint’s ability to deliver integrated IT, cybersecurity, cloud, managed services, mobile device management, and lifecycle support across the federal government.

“This SEWP VI prime contract vehicle represents a transformational growth platform for WidePoint,” said Jin Kang, CEO of WidePoint. “SEWP VI is a comprehensive contract vehicle that enables WidePoint to more easily connect federal customers with our full portfolio of solutions, accelerate procurement timelines, and scale mission-critical support where agencies need it most.”

As an established government partner that already holds multiple prime contract vehicles, WidePoint is strategically positioned to maximize the SEWP VI opportunity. The Company’s existing contracts, proven delivery history, and integrated technology platform allows WidePoint to rapidly respond to agency requirements, bundle services, and streamline procurement and IT lifecycle management for government customers.

“SEWP VI gives WidePoint unprecedented access to agency buyers across civil, defense, and intelligence communities,” said Jason Holloway, CRO of WidePoint. “This new opportunity complements our other contract vehicles and reinforces why agencies continue to plug into WidePoint’s platform: we bring broad capabilities, deep compliance experience, and the program management discipline needed to deliver outcomes at scale.”

While WidePoint was named one of multiple prime contract awardees under SEWP VI, the Company believes they are among a small group of providers positioned to support a large portion of the available solutions categories. Core solutions offered via SEWP VI (condensed) include:

• Enterprise IT Services: Cloud (SaaS/PaaS/IaaS) and migration services, enterprise software, and advanced cybersecurity and compliance solutions.
• Mission & Lifecycle Services: Systems integration, AI and technical consulting, CAD/engineering support, plus installation, maintenance, warranties, training, and field engineering.
• IT & AV Products: Enterprise hardware, networking and storage, enterprise telephony, AV/conferencing systems, and specialized ISR, robotics, and IoT devices for national security use cases.
  
  

Why this matters:

• Faster access to a broad federal buyer base through a high-ceiling, trusted NASA vehicle.
• Ability to package WidePoint’s hardware, software, security, and lifecycle services into integrated offerings that reduce program risk and accelerate mission outcomes.
• Reinforces WidePoint’s position as a go-to federal partner, building on a portfolio of prime vehicles that simplify procurement and encourage agencies to plug into WidePoint’s platform.
  
  

This SEWP VI contract underscores WidePoint’s continued focus on expanding federal market reach and delivering integrated solutions that meet evolving government needs.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did WidePoint (WYY) announce about the NASA SEWP VI contract on June 23, 2026?

WidePoint announced it was named a prime contract awardee on the NASA SEWP VI GWAC. According to WidePoint, SEWP VI has a $60 billion ceiling and expands its ability to provide integrated IT, cybersecurity, cloud, and managed services across the federal government.

What is the value and duration of the NASA SEWP VI contract linked to WidePoint (WYY)?

NASA SEWP VI has a total procurement ceiling of $60 billion across all awardees. According to WidePoint, the contract has a five-year base, five one-year options, and task orders that may extend performance up to 15 years for participating vendors.

How does the NASA SEWP VI prime award affect WidePoint’s (WYY) federal market access?

The prime award gives WidePoint broader access to federal IT buyers via a trusted NASA vehicle. According to WidePoint, SEWP VI enables faster procurement and access across civil, defense, and intelligence communities for its IT, cybersecurity, cloud, and lifecycle services offerings.

What solutions can WidePoint (WYY) provide through the NASA SEWP VI contract?

WidePoint can offer enterprise IT services, mission and lifecycle services, and IT and AV products under SEWP VI. According to WidePoint, this includes cloud and migration, cybersecurity, systems integration, consulting, hardware, networking, telephony, AV, and specialized ISR and IoT devices.

Why is the NASA SEWP VI contract important for WidePoint (WYY) shareholders?

The contract provides a high-ceiling federal procurement vehicle that may channel more government IT spending through WidePoint. According to WidePoint, SEWP VI supports packaging hardware, software, security, and lifecycle services into integrated offerings that can reduce program risk for agencies.

Is WidePoint (WYY) the only prime awardee on NASA SEWP VI?

No, NASA SEWP VI is a multiple-award contract with several prime awardees. According to WidePoint, the company believes it is among a smaller group positioned to support a large portion of available solution categories under this government-wide contract.