DHS CWMS 3.0 Contract Opportunity
WidePoint is strategically positioned for the upcoming recompete of the Department of Homeland Security CWMS 3.0 contract, with a substantial increase in the contract ceiling to $3 billion from the original $500 million ceiling under CWMS 2.0. The company is a two-time incumbent, with FedRAMP authorized status and a strong track record, aligning closely with DHS requirements.
Federal Backlog and Revenue Growth
WidePoint starts the second half of the year with a strong federal backlog of $265 million as of June 30, 2025. Total revenue for the second quarter was $38 million, an increase from $36 million in the same period last year.
Strategic Partnerships and Expanding Services
WidePoint is expanding strategic partnerships, including with CDW and BroadSat, and advancing its Device-as-a-Service (DaaS) and MobileAnchor initiatives, which are expected to contribute significantly to future growth.
Spiral 4 Contract Developments
WidePoint has secured four task orders under the Spiral 4 contract, which has a total potential value of $2.6 billion over a contract period of 10 years.