ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

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

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

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.