WidePoint Corp (WYY)

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From Fidelity:

"Navy Selects 7 Vendors For $2.7B Follow-On Wireless Mobility Services Contract" - GovConWire
BENZINGA 1:08 PM ET 5/6/2024
Symbol Last Price Change
T 16.9199up +0.0699 (+0.4148%)
WYY 2.05down 0 (0%)
QUOTES AS OF 02:00:51 PM ET 05/06/2024
https://www.govconwire.com/2024/05/navy-selects-7-vendors-for-2-7b-follow-on-wireless-mobility-services-contract/



The U.S. Navy has awarded seven companies spots on a potential 10-year, $2.67 billion recompete contract to provide wireless mobility devices and related services for military personnel and federal civilian employees stationed within the country and U.S. territories.



The Department of Defense said Friday the firm-fixed-price, indefinite-delivery/indefinite-quantity contract has a one-year base period valued at approximately $267 million and nine option years that could run through May 2034 if all options are exercised.

The Naval Supply Systems Command Fleet Logistics Center San Diego launched a full-and-open competition in late January and received eight offers for the IDIQ contract, which includes hardware, software, firmware and related equipment.

NAVSUP FLC is obligating $21,000 in operation and maintenance funds for fiscal year 2024.

The awardees are:

AT&T (T)
Hughes Network Systems
MetTel
Real Mobile
T-Mobile
Verizon
WidePoint (WYY)