WidePoint Announces The DHS Has Increased The Ceiling Of The Cellular Wireless Managed Services IDIQ Contract From $500M To $754M
Portfolio Pulse from Benzinga Newsdesk
WidePoint announced that the Department of Homeland Security (DHS) has increased the ceiling of its Cellular Wireless Managed Services IDIQ contract from $500 million to $754 million.
June 25, 2024 | 1:08 pm
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WidePoint's contract with the DHS has been increased from $500 million to $754 million, indicating a significant boost in potential revenue.
The increase in the contract ceiling suggests a higher potential revenue stream for WidePoint, which is likely to positively impact its stock price in the short term.
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