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WidePoint Awarded $2.5 Million Contract Under the Spiral 4 Contract Vehicle to Provide Managed Mobility Services to the Department of Defense

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WidePoint (NYSE American:WYY) has secured a new Task Order under the Spiral 4 contract vehicle from a U.S. Department of Defense combat support agency. The contract, valued at $2.5 million annually, includes a base year plus nine one-year options, potentially reaching $25 million if all options are exercised.

Through this Task Order, WidePoint will provide Managed Mobility Solutions, supporting the procurement and management of wireless devices for users across all 50 U.S. states and 90 international countries. The service aims to ensure seamless connectivity and operational efficiency for military personnel deployed globally.

This marks WidePoint's first award under the Spiral 4 contract, which focuses on providing unclassified wireless mobility telecommunications services and devices with required cybersecurity profiles for the DoD.

WidePoint (NYSE American:WYY) ha ottenuto un nuovo Ordine di Lavoro nell'ambito del contratto Spiral 4 da un'agenzia di supporto al combattimento del Dipartimento della Difesa degli Stati Uniti. Il contratto, del valore di 2,5 milioni di dollari all'anno, include un anno base più nove opzioni annuali, con un potenziale totale di 25 milioni di dollari se tutte le opzioni vengono esercitate.

Attraverso questo Ordine di Lavoro, WidePoint fornirà Soluzioni di Mobilità Gestita, supportando l'acquisto e la gestione di dispositivi wireless per utenti in tutti i 50 stati degli Stati Uniti e in 90 paesi internazionali. Il servizio mira a garantire connettività senza interruzioni ed efficienza operativa per il personale militare dispiegato a livello globale.

Questo rappresenta il primo riconoscimento di WidePoint nell'ambito del contratto Spiral 4, che si concentra sulla fornitura di servizi e dispositivi di telecomunicazione wireless non classificati con i profili di cybersicurezza richiesti per il DoD.

WidePoint (NYSE American:WYY) ha asegurado una nueva Orden de Trabajo bajo el contrato Spiral 4 de una agencia de apoyo al combate del Departamento de Defensa de los EE. UU. El contrato, valorado en 2.5 millones de dólares anuales, incluye un año base más nueve opciones anuales, alcanzando potencialmente 25 millones de dólares si se ejercen todas las opciones.

A través de esta Orden de Trabajo, WidePoint proporcionará Soluciones de Movilidad Gestionada, apoyando la adquisición y gestión de dispositivos inalámbricos para usuarios en los 50 estados de EE. UU. y en 90 países internacionales. El servicio tiene como objetivo garantizar conectividad fluida y eficiencia operativa para el personal militar desplegado en todo el mundo.

Este es el primer premio de WidePoint bajo el contrato Spiral 4, que se centra en proporcionar servicios y dispositivos de telecomunicaciones inalámbricas no clasificados con los perfiles de ciberseguridad requeridos para el DoD.

와이드포인트 (NYSE American:WYY)는 미국 국방부 전투 지원 기관으로부터 Spiral 4 계약 차량에 따라 새로운 작업 지시서를 확보했습니다. 이 계약은 연간 250만 달러의 가치가 있으며, 기본 연도와 9개의 1년 옵션이 포함되어 있으며, 모든 옵션이 행사될 경우 최대 2500만 달러에 이를 수 있습니다.

이번 작업 지시서를 통해 와이드포인트는 관리형 이동 솔루션을 제공하여 미국 50개 주와 90개 국제 국가의 사용자들을 위한 무선 장치의 조달 및 관리를 지원합니다. 이 서비스는 전 세계에 배치된 군인들에게 원활한 연결성과 운영 효율성을 보장하는 것을 목표로 합니다.

이는 와이드포인트가 Spiral 4 계약 하에 최초로 수여받은 상으로, 비밀이 아닌 무선 이동 통신 서비스 및 장치를 제공하고 국방부에 필요한 사이버 보안 프로필을 갖추는 데 중점을 두고 있습니다.

WidePoint (NYSE American:WYY) a obtenu un nouvel Ordre de Mission dans le cadre du contrat Spiral 4 d'une agence de soutien au combat du Département de la Défense des États-Unis. Le contrat, d'une valeur de 2,5 millions de dollars par an, comprend une année de base plus neuf options d'un an, pouvant atteindre 25 millions de dollars si toutes les options sont exercées.

Grâce à cet Ordre de Mission, WidePoint fournira des Solutions de Mobilité Gérées, soutenant l'acquisition et la gestion de dispositifs sans fil pour des utilisateurs dans les 50 États américains et 90 pays internationaux. Le service vise à garantir une connectivité fluide et une efficacité opérationnelle pour le personnel militaire déployé à l'échelle mondiale.

Ceci marque la première attribution à WidePoint dans le cadre du contrat Spiral 4, qui se concentre sur la fourniture de services et de dispositifs de télécommunications sans fil non classifiés avec les profils de cybersécurité requis pour le DoD.

WidePoint (NYSE American:WYY) hat einen neuen Arbeitsauftrag im Rahmen des Spiral-4-Vertrags von einer Kampfsupport-Agentur des US-Verteidigungsministeriums gesichert. Der Vertrag hat einen Wert von 2,5 Millionen Dollar jährlich und umfasst ein Basisjahr sowie neun einjährige Optionen, die potenziell 25 Millionen Dollar erreichen können, wenn alle Optionen ausgeübt werden.

Durch diesen Arbeitsauftrag wird WidePoint Managed Mobility Solutions bereitstellen, die den Erwerb und das Management von drahtlosen Geräten für Nutzer in allen 50 US-Bundesstaaten und 90 internationalen Ländern unterstützen. Der Service zielt darauf ab, nahtlose Konnektivität und betriebliche Effizienz für weltweit eingesetzte Militärangehörige sicherzustellen.

Dies ist die erste Auszeichnung von WidePoint im Rahmen des Spiral-4-Vertrags, der sich auf die Bereitstellung von nicht klassifizierten drahtlosen Mobiltelekommunikationsdiensten und -geräten mit den erforderlichen Cybersicherheitsprofilen für das DoD konzentriert.

Positive
  • Secured $2.5M annual contract with potential $25M total value
  • First Task Order under strategic Spiral 4 contract vehicle
  • Geographic expansion covering 50 U.S. states and 90 international countries
  • Long-term revenue visibility with 10-year potential contract duration
Negative
  • Contract value contingent on option year renewals
  • Revenue impact dependent on actual service utilization levels

Insights

WidePoint's new $2.5 million annual DoD contract represents a substantial revenue opportunity relative to the company's $34.8 million market capitalization. The contract's structure - one base year plus nine option years - creates a potential $25 million long-term value stream, representing approximately 71.8% of WidePoint's current market value.

This task order's significance extends beyond its immediate financial impact. As WidePoint's first award under the prestigious Spiral 4 contract vehicle, it validates the company's capabilities and potentially opens the door to additional task orders through this contracting mechanism. The combat support agency client enhances WidePoint's credentials within the defense sector, where established relationships and past performance are critical competitive advantages.

The global deployment scope across all 50 states and 90 countries demonstrates WidePoint's operational capacity to deliver enterprise-scale mobility solutions to geographically distributed organizations. While this extensive footprint brings execution challenges, it also establishes WidePoint as capable of handling complex, multinational mobility management requirements.

For a specialized cybersecurity and mobility technology firm of WidePoint's size, securing long-term government contracts provides essential revenue stability and visibility. The ten-year potential timeframe creates a foundation upon which the company can build additional service offerings and expand its federal market presence.

FAIRFAX, VA / ACCESS Newswire / March 19, 2025 / WidePoint Corporation (NYSE American:WYY), an innovative leader in enterprise cybersecurity and mobile technology, today announced a new Task Order award under the Spiral 4 contract vehicle from a combat support agency within the U.S. Department of Defense (DoD). The Task Order has an annual value of approximately $2.5 million and a period of performance of one base year with nine one-year option periods. The Task Order has a potential value of $25 million if all options are exercised. Through this Task Order, WidePoint will support the procurement and management of wireless devices that meet standard functionality requirements through its Managed Mobility Solutions. The service will extend to users located in all 50 U.S. states and 90 international countries, ensuring seamless connectivity and operational efficiency for personnel deployed in diverse environments.

WidePoint CEO Jin Kang, stated: "We are honored to be awarded this Task Order, WidePoint's first under the Spiral 4 contract. Our services will enhance the operational capabilities of our armed forces. This award illustrates WidePoint's expertise in providing tailored Managed Mobility Solutions through one of the most pivotal contract vehicles in the federal space."

WidePoint's Chief Operating Officer, Todd Dzyak, stated: "Spiral 4 provides a best value solution, and the required cybersecurity profiles, for the procurement and management of unclassified wireless mobility telecommunications services and devices. This Task Order exemplifies WidePoint's dedication to innovation and excellence in support of the U.S. military's mission. By ensuring access to reliable wireless devices, we are empowering our service members to perform their duties effectively, regardless of their location. We take pride in being a trusted partner to the DoD and are committed to delivering superior service through the Spiral 4 contract vehicle."

Kang added, "We look forward to working collaboratively with the combat support agency to deliver high-quality services and solutions that empower our service members with an additional focus on security, efficiency and minimizing cost."

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 and Access Management (IAM), Mobility Managed Services (MMS), Telecom Management, Information Technology as a Service (ITaaS), Cloud Security, and Analytics & Billing as a Service (ABaaS). For more information, visit 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 total potential value of WidePoint's (WYY) new DoD contract?

The contract has a potential value of $25 million if all nine one-year options are exercised beyond the base year.

How many countries will WidePoint's (WYY) Managed Mobility Solutions cover under the new contract?

The services will cover all 50 U.S. states and 90 international countries.

What is the annual value of WidePoint's (WYY) new Spiral 4 Task Order?

The Task Order has an annual value of approximately $2.5 million.

What services will WidePoint (WYY) provide under the new DoD contract?

WidePoint will provide Managed Mobility Solutions, including procurement and management of wireless devices with standard functionality requirements.
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