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WidePoint Named Single Awardee of the $3.1 Billion DHS CWMS 3.0 Contract

(Neutral)
(Very Positive)
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WidePoint (NYSE American: WYY) was selected as the single awardee for the Department of Homeland Security’s CWMS 3.0 contract, a 10-year IDIQ with a ceiling of $3,066,613,353.66. The ordering period begins June 25, 2026.

WidePoint will deliver lifecycle management, connectivity, security, AI-driven data intelligence, and mission-tailored networking via its FedRAMP-certified ITMS Command Center across DHS components, supporting expanding managed services and mobile workforce needs.

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Positive

  • Single awardee on 10-year DHS CWMS 3.0 IDIQ contract
  • Contract ceiling value of $3,066,613,353.66
  • Ordering period for CWMS 3.0 begins June 25, 2026
  • FedRAMP-certified ITMS Command Center designated as operational hub
  • Contract enables expanded services like device security and AI data intelligence
  • Management anticipates growth in managed services for DHS agencies

Negative

  • None.

News Market Reaction – WYY

+14.64% 2.2x vol
37 alerts
+14.64% Session close to close
-56.1% Trough in 37 hr 24 min
$199.72M Market Cap
2.2x Rel. Volume

In the Jun 25 session, WYY gained 14.64%, reflecting a significant positive market reaction. Argus tracked a trough of -56.1% from its starting point during tracking. Our momentum scanner triggered 37 alerts that day, indicating elevated trading interest and price volatility. Trading volume was elevated at 2.2x the daily average, suggesting notable buying interest.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock surged +14.6% in the session following this news. A strong positive reaction aligns with p...
Analysis

The stock surged +14.6% in the session following this news. A strong positive reaction aligns with prior WYY contract and earnings rallies; 4 of the last 5 news events saw gains. Investors may still weigh ongoing insider net selling against this sizeable DHS award.

Key Figures

Contract ceiling value: $3,066,613,353.66 Approximate contract value: $3.1 billion Contract term: 10-year ordering period +3 more
6 metrics
Contract ceiling value $3,066,613,353.66 DHS CWMS 3.0 IDIQ contract ceiling
Approximate contract value $3.1 billion Stated ceiling value for CWMS 3.0 contract
Contract term 10-year ordering period CWMS 3.0 base and option periods
Base period length 1-year base period Initial term of CWMS 3.0 contract
Option periods nine 1-year options Renewal structure for CWMS 3.0 contract
Ordering start date June 25, 2026 Date CWMS 3.0 ordering period begins

Historical Context

5 past events · Latest: Jun 23 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 23 Federal contract win Positive +11.4% Named prime contract awardee on NASA’s SEWP VI vehicle with large ceiling.
May 19 Corporate governance Neutral +0.9% Rescheduled 2026 annual stockholder meeting for administrative reasons only.
May 14 Earnings results Positive +14.7% Q1 2026 revenue growth, positive net income and cash generation versus prior loss.
May 05 Investor conference Neutral +8.5% Announcement of LD Micro Invitational presentation and investor meeting availability.
Apr 30 Earnings call notice Neutral -0.9% Scheduled Q1 2026 conference call and results release timing announcement.

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

Pattern Detected

WYY has often reacted positively to news, with most recent headlines triggering gains after announcements.

Key Terms

indefinite delivery, indefinite quantity (idiq), fedramp-certified, device-as-a-service, managed services
4 terms
indefinite delivery, indefinite quantity (idiq) regulatory
"a 10-year Indefinite Delivery, Indefinite Quantity (IDIQ) contract consisting of a"
Indefinite delivery, indefinite quantity (IDIQ) is a flexible contract method that allows a buyer to order an unspecified amount of goods or services over a period of time. It functions like a restaurant that agrees to provide meals whenever needed, up to a maximum amount, rather than committing to a fixed quantity upfront. For investors, IDIQ contracts offer ongoing opportunities and potential stability in revenue streams, though they also involve uncertainty about exact future orders.
fedramp-certified regulatory
"WidePoint's ITMS™ Command Center platform is FedRAMP-certified and positioned to"
A FedRAMP-certified product or service has passed a standardized U.S. government review for cloud security, like a formal safety inspection showing it protects sensitive data to a required level. For investors, certification signals lower regulatory and contracting risk, faster access to government customers, and a competitive edge that can support revenue growth and valuation stability when a company depends on secure cloud operations.
device-as-a-service technical
"Progress across our Device-as-a-Service pipeline, which serves as our third catalyst,"
Device-as-a-service (DaaS) is a subscription model where a company provides hardware—like computers, phones, or medical devices—together with management, maintenance, and upgrades for a regular fee instead of a one-time purchase. For investors, DaaS matters because it turns lump-sum sales into predictable recurring revenue and can lower customer churn, much like a streaming service replacing one-time DVD sales, which can make a business’s cash flow steadier and valuation more predictable.
managed services technical
"WidePoint anticipates continued growth in managed services and support capabilities"
Managed services are when a business hires an outside provider to run and maintain a specific ongoing function—commonly IT, cybersecurity, networks, or back-office tasks—under a contract that includes monitoring, updates and problem resolution. For investors this matters because it creates predictable costs and recurring revenue for the provider while reducing operational risk and capital spending for the client, much like hiring a building superintendent to keep systems running so management can focus on growth.

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

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FAIRFAX, Va., June 25, 2026 (GLOBE NEWSWIRE) -- WidePoint Corporation (NYSE American: WYY), a leading provider of Secure Mobility Management solutions, today announced that it has been selected as the single awardee of the Department of Homeland Security's (DHS) Cellular Wireless Managed Services (CWMS) 3.0 contract, a 10-year Indefinite Delivery, Indefinite Quantity (IDIQ) contract consisting of a one-year base period and nine one-year option periods with a contract ceiling value of approximately $3.1 billion.

“Securing DHS CWMS 3.0 as the single awardee is a major strategic milestone for WidePoint,” said Jin Kang, Chief Executive Officer of WidePoint. “This accomplishment solidifies the second catalyst I’ve discussed previously, the first being the contract with one of the three largest carriers in the United States. Progress across our Device-as-a-Service pipeline, which serves as our third catalyst, is also currently underway. CWMS 3.0 creates a durable and expandable pathway for WidePoint to deliver mission-critical communications-related capabilities at scale across the federal government.”

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.

Key Highlights of the CWMS 3.0 Contract:

  • Contract Term and Value: 10-year ordering period consisting of a one-year base period and nine one-year option periods, with a contract ceiling value of $3,066,613,353.66.
  • Longstanding Federal Presence: WidePoint has supported federal customers for more than two decades.
  • FedRAMP-Certified Platform: WidePoint's ITMS™ Command Center platform is FedRAMP-certified and positioned to support critical agency mission requirements.
  • Expanded Solution Set: The CWMS 3.0 vehicle enables the delivery of value-added services, including device security, AI-driven data intelligence, and mission-tailored networking solutions that support the continued expansion of mobile workforces across DHS components.
  • Managed Services Focus: WidePoint anticipates continued growth in managed services and support capabilities designed to enhance value, security, visibility, and operational control for DHS agencies.
  • Ordering Period: The ordering period under CWMS 3.0 begins today, June 25, 2026.

“Agencies within DHS are increasingly expanding their scope and integrating new solutions into our platform,” said Jason Holloway, Chief Revenue Officer of WidePoint. “DHS more than doubling CWMS 3.0’s ceiling this time around is a clear indication of the growing needs for WidePoint’s solutions and services; we believe the growth of managed services work will be significant compared to the predecessor contract. This award establishes a strong foundation for WidePoint to further expand its role in managing secure communications and mobility services across the federal government.”

The Company’s FedRAMP-certified ITMS Command Center will continue to serve as the central operational hub for monitoring, orchestration, and reporting across the DHS portfolio.

“Our program management office and delivery teams have done an outstanding job providing exceptional contract performance to DHS. WidePoint looks forward to expanding the available services we deliver in support of DHS’s vital mission,” said Todd Dzyak, Chief Operating Officer of WidePoint. “We continue to drive innovation within the ITMS Command Center platform, positioning WidePoint to support the evolving communications, mobility, and security needs of federal agencies.”

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

What is the value and term of the DHS CWMS 3.0 contract awarded to WidePoint (NYSE American: WYY)?

The DHS CWMS 3.0 contract for WidePoint has a ceiling of about $3.07 billion over 10 years. According to WidePoint, it includes a one-year base period and nine one-year option periods as an Indefinite Delivery, Indefinite Quantity agreement.

What does being the single awardee of DHS CWMS 3.0 mean for WidePoint (WYY) investors?

Being the single awardee makes WidePoint the sole provider under the CWMS 3.0 vehicle. According to WidePoint, this contract establishes a foundation to expand its role in managing secure communications and mobility services across the federal government.

When does the ordering period start for WidePoint’s DHS CWMS 3.0 contract (WYY)?

The ordering period for DHS CWMS 3.0 begins June 25, 2026. According to WidePoint, this marks the start of a 10-year ordering window enabling DHS components to request cellular wireless managed services and related secure mobility solutions.

What services will WidePoint (WYY) provide under the DHS CWMS 3.0 contract?

WidePoint will manage lifecycle, connectivity, security, and operational needs across DHS components. According to WidePoint, CWMS 3.0 also supports device security, AI-driven data intelligence, and mission-tailored networking for expanding mobile workforces and managed services.

How will WidePoint’s FedRAMP-certified ITMS Command Center support the DHS CWMS 3.0 contract (WYY)?

WidePoint’s ITMS Command Center will act as the central operational hub for DHS. According to WidePoint, this FedRAMP-certified platform handles monitoring, orchestration, and reporting, supporting evolving communications, mobility, and security requirements across the CWMS 3.0 portfolio.

How does the DHS CWMS 3.0 contract compare to its predecessor for WidePoint (WYY)?

DHS has more than doubled the ceiling value for CWMS 3.0 compared to the prior contract. According to WidePoint, this increase reflects greater needs for its solutions and could support significant growth in managed services work.