WidePoint Wins DHS CWMS 3.0 Contract and Shares Jump 60%
WidePoint Corporation (NYSE American: WYY) disclosed that it has been selected as the single awardee of the Department of Homeland Security’s Cellular Wireless Managed Services (CWMS) 3.0 contract. The award is a ten‑year Indefinite Delivery, Indefinite Quantity (IDIQ) agreement with a one‑year base period and nine one‑year option periods, giving a total contract ceiling of approximately $3.1 billion. The ordering period under CWMS 3.0 commences on June 25, 2026.
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. The scope includes device security, AI‑driven data intelligence, and mission‑tailored networking solutions. WidePoint’s FedRAMP‑certified ITMS Command Center platform will serve as the central operational hub for monitoring, orchestration, and reporting across the DHS portfolio, enhancing visibility, security, and operational control.
The contract ceiling of roughly $3.1 billion represents more than double the value of the predecessor contract, according to Jason Holloway, Chief Revenue Officer of WidePoint. The company highlighted that it has supported federal customers for more than two decades, underscoring its experience in government‑focused managed services.
Chief Executive Officer Jin Kang described securing the CWMS 3.0 award as a major strategic milestone and the second catalyst he previously referenced, following a contract with one of the three largest carriers in the United States. Following the announcement, WidePoint’s shares surged approximately 60% on the trading day, reflecting strong market reaction to the contract win.