NEWS
WidePoint Awarded $254 Million Ceiling Increase in U.S. Department of Homeland Security Cellular Wireless Managed Services 2.0 IDIQ Contract
WidePoint (NYSE American: WYY) announced a $254 million ceiling increase in its U.S. Department of Homeland Security (DHS) Cellular Wireless Managed Services (CWMS) 2.0 IDIQ contract, raising the total from $500 million to $754 million. The contract includes managed services, WidePoint's Intelligent Technology Management System (ITMS™), cellular equipment, data services, and more. The $254 million increase underscores WidePoint's significant savings for DHS, totaling over $250 million to date. WidePoint is establishing a Program Management Office to manage expanding activities and has appointed Michelle Richards to lead the CWMS 2.0 program.
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