WidePoint Awarded $2.5 Million Contract Under the Spiral 4 Contract Vehicle to Provide Managed Mobility Services to the Department of Defense
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WidePoint Corporation has been awarded a $2.5 million contract to provide managed mobility services to the U.S. Department of Defense. The contract has a base year and nine one-year options.
March 19, 2025 | 1:15 pm
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WidePoint Corporation has secured a $2.5 million contract with the U.S. Department of Defense to provide managed mobility services. This contract includes a base year and nine one-year options, potentially increasing future revenue streams.
The contract with the DoD is significant for WidePoint as it not only provides immediate revenue but also offers the potential for long-term income through the nine one-year options. This could positively impact WidePoint's financial performance and stock price.
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