Cycurion (NASDAQ: CYCU) lands $6M contract, builds $112M backlog
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Cycurion, Inc. reported a new $6 million purchase order under a Master Services Agreement/Indefinite Delivery Indefinite Quantity contract with a major U.S. municipality. The multi-year arrangement covers consulting, cybersecurity, internal audit support, data analytics, and IT solutions.
The company now reports a contracted backlog of $112 million, which represents work expected to be performed over future years. Management highlighted that approximately $15–$17 million of this backlog is firmly scheduled for each of 2026, 2027, and 2028, supporting its 2026 profitable growth strategy.
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Insights
Cycurion adds a $6M municipal order and highlights a $112M contracted backlog.
Cycurion secured a $6 million purchase order under an MSA/IDIQ contract with a major U.S. municipality. The work spans consulting, cybersecurity, internal audit support, data analytics, and IT solutions, and is structured with a three-year base term plus two one-year options.
Management states that contracted backlog totals $112 million, with about $15–$17 million firmly scheduled for each of 2026, 2027, and 2028. This suggests multi-year revenue visibility tied to government clients, though actual results will depend on task order timing, funding, and contract performance.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
New purchase order: $6 million
Contracted backlog: $112 million
2026 locked-in revenue: $15–$17 million
+5 more
8 metrics
New purchase order
$6 million
Awarded under MSA/IDIQ contract with major U.S. municipality
Contracted backlog
$112 million
Total contracted backlog referenced by management
2026 locked-in revenue
$15–$17 million
Firmly locked in for 2026 from contracted backlog
2027 locked-in revenue
$15–$17 million
Firmly locked in for 2027 from contracted backlog
2028 locked-in revenue
$15–$17 million
Firmly locked in for 2028 from contracted backlog
Base contract term
3 years
Base term of municipal MSA/IDIQ agreement
Option periods
2 years
Two additional funded one-year option periods
Typical contract length
≈4 years, up to 10 years
Average and maximum duration of company contracts
Key Terms
Master Services Agreement, Indefinite Delivery Indefinite Quantity, contracted backlog, option periods, +1 more
5 terms
Master Services Agreement financial
"awarded a $6 million purchase order under a Master Services Agreement"
A master services agreement is a standing contract that sets the main terms, responsibilities, pricing framework and processes for future work between two parties, allowing individual projects or orders to be added later without renegotiating core terms. For investors, it signals predictability and reduced legal friction around revenue streams and costs—like a subscription plan for services that makes future income and obligations easier to forecast and value.
Indefinite Delivery Indefinite Quantity financial
"under a Master Services Agreement (“MSA”) / Indefinite Delivery Indefinite Quantity (“IDIQ”) contract"
A contract type where a buyer commits to buying goods or services over a set period but does not promise fixed quantities or delivery dates up front; instead, orders are placed as needed within agreed limits. For investors, it signals a potential steady revenue stream with flexible demand—similar to a standing order at a store that you refill when needed—while also carrying uncertainty about exact timing and total value of future sales.
contracted backlog financial
"With a total contracted backlog of our $112 million, now bolstered by this $6 million award"
Contracted backlog is the total dollar value of customer orders or projects that a company has formally committed to deliver but has not yet completed or recognized as revenue. For investors it is a forward-looking measure of expected future sales and cash flow—like a paid to-do list that shows the pipeline of work—but it can overstate certainty if contracts are cancellable, delayed, or subject to change.
option periods financial
"The base contract term is three years, with two additional funded one-year option periods."
The time window during which a stock option, warrant or subscription right can be acted on — for example exercised, purchased, or claimed. It matters to investors because this schedule determines when new shares can enter the market or when holders can cash out, affecting share supply, company cash flows and potential price movement; think of it like a limited-time ticket to buy stock at a preset price.
forward-looking statements regulatory
"This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): April 27, 2026
(Exact Name of Registrant as Specified in Its Charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices) | (Zip Code) | |||||||||||||
Registrant’s telephone number, including area code: (888 ) 341-6680
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company x
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 8.01 Other Events.
On April 27, 2026, the Company issued a press release. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits
(d)Exhibits:
| Exhibit No. | Description | |||||||
| 99.1 | Press Release dated April 27, 2026 | |||||||
| 104 | Inline XBRL for the cover page of this Current Report on Form 8-K | |||||||
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CYCURION, INC. | ||||||||||||||
| Date: | April 30, 2026 | By: | /s/ L. Kevin Kelly | |||||||||||
| Name: | L. Kevin Kelly | |||||||||||||
| Title: | Chief Executive Officer | |||||||||||||
3
Exhibit 99.1
Cycurion Delivers on 2026 Profitable Growth Strategy with $6 Million Win and $112 Million Backlog Powered by Innovative AI Solutions
April 27, 2026
MCLEAN, Va., April 27, 2026 (GLOBE NEWSWIRE) -- Cycurion, Inc. (NASDAQ: CYCU) (“Cycurion” or the “Company”), a pioneering AI-driven cybersecurity and government technology solutions provider, today announced it has been awarded a $6 million purchase order under a Master Services Agreement (“MSA”) / Indefinite Delivery Indefinite Quantity (“IDIQ”) contract by a major U.S. municipality.
The multi-year agreement allows Cycurion to provide a broad range of professional consulting services on an as-needed basis, including organization and management consulting, cybersecurity services, internal audit support, data analytics, and information technology solutions. The base contract term is three years, with two additional funded one-year option periods.
“This contract award with a major municipality is another exciting win as we continue to expand our presence across the state and local government sectors,” said Kevin Kelly, Chief Executive Officer of Cycurion. “We are out there winning new clients and building a stronger company every day. With a total contracted backlog of our $112 million, now bolstered by this $6 million award, we have more visibility into the future. While our contracts average approximately four years and can extend up to ten years, we already have $15 to $17 million firmly locked in for 2026, $15 to $17 million for 2027, and $15 to $17 million for 2028. We remain confident that revenues will continue to grow year over year, and we are truly excited about the momentum and opportunities ahead as we execute our 2026 profitable growth strategy.”
This strategic win strengthens Cycurion’s position in the municipal technology services market and highlights the Company’s growing role as a trusted partner delivering mission-critical cybersecurity, compliance, digital transformation, and advanced AI-powered solutions to large government entities.
About Cycurion, Inc.
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 LLC, Cloudburst Security LLC, and Cycurion Innovation, Inc., Cycurion serves government, healthcare, and corporate clients committed to securing the digital future. More info: www.cycurion.com.
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.
Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Such statements include, but are not limited to, statements regarding the acceleration of the Company’s ability to successfully execute and perform under its newly awarded $6 million MSA/IDIQ contract with a major U.S. municipality; the anticipated timing, scope, duration and funding of task orders issued under such contract; the expected contribution of such contract to the Company’s contracted backlog; the Company’s growth strategy, including through potential acquisitions and strategic transactions; the continued execution of the Company’s contracted backlog; the timing, amount and likelihood of realizing revenues associated with our contracted backlog; and other statements that are not historical facts, including statements which may be accompanied by words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and similar expressions intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Cycurion and are difficult to predict. Examples of such risks and uncertainties include, but are not limited to, risks related to
customer performance and satisfaction, contract modifications, delays or terminations, and the Company’s ability to fulfill contractual obligations, the outcomes of the Company’s investigations, any potential legal proceedings, or the future performance of the Company’s stock. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K filed by Cycurion with the U.S. Securities and Exchange Commission. Cycurion anticipates that subsequent events and developments may cause its plans, intentions, and expectations to change. Cycurion assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Cycurion’s plans and expectations as of any subsequent date.
Cycurion Investor Relations:
(888) 341-6680
investors@cycurion.com
Cycurion Media Relations:
(888) 341-6680
media@cycurion.com
2
FAQ
What new contract did Cycurion (CYCU) announce in this 8-K?
Cycurion announced a new $6 million purchase order under an MSA/IDIQ contract with a major U.S. municipality. The multi-year deal covers consulting, cybersecurity, internal audit support, data analytics, and broader IT solutions for the client’s technology and security needs.
How large is Cycurion’s contracted backlog according to the filing?
Cycurion reported a total contracted backlog of $112 million. This figure represents signed contracts expected to generate future revenue over several years, giving the company visibility into its pipeline beyond current-period sales and newly awarded work like the $6 million municipal order.
What revenue does Cycurion have locked in for 2026, 2027, and 2028?
Cycurion stated it has approximately $15–$17 million firmly locked in for 2026, $15–$17 million for 2027, and $15–$17 million for 2028. These amounts come from its contracted backlog and reflect expected future work under existing long-term agreements.
How long is the term of Cycurion’s new municipal MSA/IDIQ contract?
The municipal MSA/IDIQ contract has a three-year base term with two additional funded one-year option periods. This structure allows the municipality to order services over multiple years, while Cycurion can plan resources and capacity around a potential five-year relationship.
What services will Cycurion provide under the new municipal contract?
Under the new contract, Cycurion may deliver organization and management consulting, cybersecurity services, internal audit support, data analytics, and information technology solutions. These offerings align with its AI-driven cybersecurity and government technology focus for large public-sector clients.
How does this update relate to Cycurion’s 2026 profitable growth strategy?
Management described the $6 million win and $112 million backlog as supporting its 2026 profitable growth strategy. They emphasized year-over-year revenue growth ambitions and highlighted multi-year contracted revenues that provide added visibility into future performance as the strategy is executed.