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Cycurion, Inc. Announces $6 Million Contract Award by Major Municipal Transportation Agency - Cycurion (NASDAQ:CYCU)
MCLEAN, Va., April 29, 2025 (GLOBE NEWSWIRE) -- Cycurion CYCU ("Cycurion" or the "Company"), a trusted leader in IT cybersecurity solutions and AI, announces it has been awarded a $6 million contract by a major municipal transportation agency. Under this contract, Cycurion will deliver a wide range
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Cycurion secures $6 million cybersecurity contract By Investing.com
MCLEAN, Va. - Cycurion (CYCU), a Nasdaq-listed company specializing in IT cybersecurity solutions and artificial intelligence, has been awarded a $6 million contract to provide a suite of professional consulting services to a major municipal transportation agency. The contract value represents
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Cycurion, a leader in IT cybersecurity and AI solutions, has been awarded a $6 million contract by a major municipal transportation agency to provide comprehensive cybersecurity services, potentially integrating their proprietary AI-enhanced ARx platform.

Cycurion Inc. (NASDAQ: CYCU), a Virginia-based IT cybersecurity and AI solutions provider, has secured a significant $6 million contract with a major municipal transportation agency. The deal, announced on April 29, 2025, encompasses a wide range of professional consulting services, including cybersecurity, organizational change management, data analytics, and information technology services
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.The contract's scope potentially includes the integration of Cycurion's proprietary ARx platform, which is expected to enhance the agency's operational and cybersecurity capabilities. Specific services to be provided include:
Cycurion's CEO, L. Kevin Kelly, emphasized that this contract demonstrates the company's ability to deploy its full range of capabilities within the municipal transportation sector, representing an important expansion into this vertical
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.The $6 million contract value represents approximately 34% of Cycurion's current annual revenue of $17.77 million, highlighting its significance for the company's growth. With a market capitalization of $14.31 million and an EBITDA of $2.43 million in the last twelve months, Cycurion maintains profitability despite challenging market conditions
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This contract aligns with Cycurion's overarching strategy to expand its presence in the broader public sector services market, particularly in transportation. The company aims to broaden its service offerings to include higher-value IT and leading cybersecurity services
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.Cycurion has been actively expanding its reach and capabilities:
The company recently announced a strategic partnership with LSV-TECH International Consortium to launch its Managed Security Services Platform, Cyber Shield, in Latin America
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.Cycurion expanded its Board of Directors by appointing industry veterans Reginald S. Bailey, Sr. and Kevin O'Brien, following a recent de-SPAC transaction
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.The company launched Cyber Shield, a new cybersecurity platform providing comprehensive security services to various industries
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.However, Cycurion faces the risk of being delisted from The Nasdaq Stock Market due to non-compliance with minimum bid price and market value requirements. The company has until October 2025 to address these issues
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.As Cycurion continues to focus on expanding its capabilities and market reach, leveraging its AI-enhanced ARx platform to deliver innovative cybersecurity solutions, this new contract represents a significant step forward in its growth strategy within the municipal transportation sector.
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