{"id":606664,"date":"2026-07-31T12:33:31","date_gmt":"2026-07-31T12:33:31","guid":{"rendered":"https:\/\/www.olympiajournal.com\/news\/story\/606664\/546-million-10year-contract-award-with-top5-global-consulting-firm-is-the-largest-ever-for-cybersecurity-leader-cycurion-inc-nasdaq-cycu.html"},"modified":"2026-07-31T12:33:31","modified_gmt":"2026-07-31T12:33:31","slug":"546-million-10year-contract-award-with-top5-global-consulting-firm-is-the-largest-ever-for-cybersecurity-leader-cycurion-inc-nasdaq-cycu","status":"publish","type":"post","link":"https:\/\/www.olympiajournal.com\/news\/story\/606664\/546-million-10year-contract-award-with-top5-global-consulting-firm-is-the-largest-ever-for-cybersecurity-leader-cycurion-inc-nasdaq-cycu.html","title":{"rendered":"$54.6 Million 10-Year Contract Award with Top-5 Global Consulting Firm is the Largest Ever for Cybersecurity Leader Cycurion, Inc. (Nasdaq: CYCU)"},"content":{"rendered":"<div style=\"float:right;width:250px;padding:8px 10px 10px 10px\"><a rel=\"nofollow noopener\" href=\"https:\/\/www.globalnewslines.com\/uploads\/2026\/07\/1785444810.jpg\" style=\"border:none !important\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-29\" title=\"$54.6 Million 10-Year Contract Award with Top-5 Global Consulting Firm is the Largest Ever for Cybersecurity Leader Cycurion, Inc. (Nasdaq: CYCU)\" src=\"https:\/\/www.globalnewslines.com\/uploads\/2026\/07\/1785444810.jpg\" alt=\"$54.6 Million 10-Year Contract Award with Top-5 Global Consulting Firm is the Largest Ever for Cybersecurity Leader Cycurion, Inc. (Nasdaq: CYCU)\" width=\"225\" height=\"259\" \/><\/a><\/div>\n<div style=\"clear:both\"><\/div>\n<div style=\"font-style:italic;padding:8px 0px\">$CYCU Agreement Supports the Modernization and Secure Operation of a Major Health and Human Services System<\/div>\n<ul style=\"text-align: justify\">\n<li><em>Cybersecurity Leader&nbsp;Addressing the Growing Threat of Cyber Attacks and Data Breaches with a Multi-Layered SaaS Solution.<\/em><\/li>\n<\/ul>\n<ul style=\"text-align: justify\">\n<li><em>Serving Some of the Most Complex Government Agencies and Corporations in the World Including Fortune 100 and 500 Companies.<\/em><\/li>\n<\/ul>\n<ul style=\"text-align: justify\">\n<li><em>Clients and Partners Include: US Dept. of Defense, Defense Intelligence Agency, Dept. of Homeland Security, US Navy and Major Private Sector Companies.<\/em><\/li>\n<\/ul>\n<ul style=\"text-align: justify\">\n<li><em>Delivering State-of The-Art, Al-Infused Proprietary Technology Being One of the First to Marry AI and Cybersecurity.<\/em><\/li>\n<\/ul>\n<ul style=\"text-align: justify\">\n<li><em>Secured Largest Contract in Company History: $54.6 Million 10-Year Award with Top-5 Global Consulting Firm.<\/em><\/li>\n<\/ul>\n<ul style=\"text-align: justify\">\n<li><em>Expansion Strategy, New Revenue Streams and Aggressive Response to Market Abuse covered in New Shareholder Video.<\/em><\/li>\n<\/ul>\n<ul style=\"text-align: justify\">\n<li><em>Completed Asset Purchase Agreement to Acquire Kustom Entertainment&rsquo;s Legacy Video Solutions Segment with 1,000 New Clients and Approx. 58 Patents.<\/em><\/li>\n<\/ul>\n<ul style=\"text-align: justify\">\n<li><em>Legacy Video Solutions Generated $5.1 Million in Annual Revenue with $8.0 Million in Backlog from Recurring Subscriptions and Multi-Year Contracts.<\/em><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><strong><br \/>Cycurion, Inc. (Nasdaq: CYCU)<\/strong> is a tech-enabled cybersecurity firm that serves some of the most complex government agencies and corporations in the world including Fortune 100 and 500 Companies. Founded by internet pioneer Emmit McHenry &mdash; who directly oversaw the first internet protocols and the creation of .com domains &mdash; <strong>CYCU<\/strong> brings an unparalleled blend of vision, technology, and experience to every project. More than just an MSSP or strategic advisor, <strong>CYCU<\/strong> is a full-service security partner capable of guiding any organization through the modern cyber threat landscape.<\/p>\n<p style=\"text-align: justify\">The flagship Cycurion ARx platform is a unified cybersecurity solution for protecting critical digital assets. Multi-layer protection is focused on inspecting requests to and responses from a digital asset. This non-invasive approach wraps around a digital asset &mdash; without hardware requirements or cloud installations &mdash; while keeping the client&rsquo;s IP completely private. With every request inspected, malicious threats are logged and blocked in real-time before reaching the asset. This <strong>CYCU <\/strong>multi-layer model of cybersecurity is intended to thwart potential attackers via an expanding set of protective layers.<\/p>\n<p style=\"text-align: justify\"><strong>Largest Contract in Company History: $54.6 Million 10-Year Award with Top-5 Global Consulting Firm<\/strong><\/p>\n<p style=\"text-align: justify\">On July 30th <strong>CYCU<\/strong> announced a major 10-year contract award secured through a partnership with a top-5 global consulting firm &mdash; one of the most significant contracts in the Company&rsquo;s history. The agreement supports the modernization and secure operation of a major Health and Human Services System for a state government agency.<\/p>\n<p style=\"text-align: justify\">The <strong>CYCU <\/strong>contract carries a total value of approximately $54.6 million, with expected annual revenue exceeding $5 million. Work is scheduled to commence in November 2026.<\/p>\n<p style=\"text-align: justify\">The award reinforces The <strong>CYCU<\/strong> strategy of focusing its revenue mix on higher-margin, long-term government engagements, and adds a decade-long, recurring-revenue anchor to the Company&#8217;s public sector portfolio. Beyond its direct value, the engagement establishes a foundation for <strong>CYCU<\/strong> to pursue additional opportunities &mdash; both within the state&#8217;s broader health and human services modernization efforts and through its expanding relationship with its consulting partner.<\/p>\n<p style=\"text-align: justify\">&#8220;This contract will play a major role in Cycurion&rsquo;s progression and expansion and reflects confidence in our ability to deliver secure, mission-critical solutions at scale,&#8221; said L. Kevin Kelly, Chairman and CEO of <strong>CYCU<\/strong>. &#8220;It strengthens our position in the SLED sector, builds on the financial inflection points we&#8217;ve reported this year, and extends our track record of translating strategic partnerships into durable, high-margin revenue. Just as importantly, this engagement opens the door to further opportunities with this agency and this partner as we continue to grow our public sector footprint.&rdquo;<\/p>\n<p style=\"text-align: justify\"><strong>CEO Kevin Kelly Details Expansion Strategy, New Revenue Streams and Aggressive Response to Market Abuse in Candid Shareholder Video<\/strong><\/p>\n<p style=\"text-align: justify\">On July 14th <strong>CYCU<\/strong> announced a new interview with Chairman and Chief Executive Officer Kevin Kelly. The topics covered highlighted key themes from a recent shareholder update, including continued operational growth, strategic acquisitions, expanding revenue opportunities, and the company&#8217;s ongoing efforts to address suspected market manipulation.<\/p>\n<p style=\"text-align: justify\">LINK TO FULL INTERVIEW: <a rel=\"nofollow\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=daSPafffmnO0sO6hYNloSbBuvn49yI7n4Q_Mxtu221H_p4dUUMu6M17oPcww98Hv_VC_jZYLyoKII0tfDkIoRpKD6A_CUelC5lJ0nQUzumW8hgbYnR6hs0XiEQbCKiAT\">https:\/\/youtu.be\/Bn45YsWdybU<\/a><\/p>\n<p style=\"text-align: justify\"><strong>CYCU Management Declines Reverse Stock Split and Intensifies Actions Against Suspected Market Abuse<\/strong><\/p>\n<p style=\"text-align: justify\">On July 8th CYCU issued a Letter to Shareholders from Kevin Kelly, Chairman and Chief Executive Officer. Key commentary included the following:<\/p>\n<p style=\"text-align: justify\">The Company&rsquo;s first obligation is to protect and build <strong>CYCU<\/strong> shareholder value, and to maintain our listing through sustainable, fundamentals-driven performance rather than short-term price optics. <strong>CYCU<\/strong> has determined that a previously considered reverse stock split is not in the best interest of shareholders at this time.<\/p>\n<p style=\"text-align: justify\">The most reliable way to protect and grow <strong>CYCU<\/strong> shareholder value is to build a stronger, more profitable company. Over the past year <strong>CYCU<\/strong> completed two strategic acquisitions: Digital Ally, which contributed approximately $5.1 million in revenue, and Secuvant, which contributed approximately $2.5 million &mdash; each expanding the <strong>CYCU<\/strong> cybersecurity platform, deepening customer relationships, and adding recurring, high-value services to cross-sell across the base.<\/p>\n<p style=\"text-align: justify\"><strong>CYCU<\/strong> grew organic revenue to approximately $15.5 million and lifted its annual revenue run rate to approximately $28 million. <strong>CYCU <\/strong>secured a new ten-year contract valued at $58 million and built approximately $8 million of contracted backlog, giving the Company multi-year revenue visibility.<\/p>\n<p style=\"text-align: justify\"><img decoding=\"async\" src=\"https:\/\/www.globalnewslines.com\/uploads\/2026\/07\/187567e8291c9768fbb566b7220a2128.jpg\" alt=\"\" \/><\/p>\n<p style=\"text-align: justify\"><em>Revenue Composition &amp; Annual Run Rate<\/em><\/p>\n<p style=\"text-align: justify\"><img decoding=\"async\" src=\"https:\/\/www.globalnewslines.com\/uploads\/2026\/07\/f6fecc52b73db643d7611b05451c18b9.jpg\" alt=\"\" \/><\/p>\n<p style=\"text-align: justify\"><em>Contracted &amp; Committed Forward Value<\/em><\/p>\n<p style=\"text-align: justify\"><strong>CYCU<\/strong> management feels that its stock has been the target of trading activity inconsistent with fair and orderly markets is not speculation. In October 2025, approximately 89.9 million shares of <strong>CYCU<\/strong> changed hands in a single session against a float of roughly 86.5 million shares. More than 100% of the float turned over in a single day &mdash; an event that, in Management&rsquo;s view, is not consistent with legitimate market activity.<\/p>\n<p style=\"text-align: justify\">The pattern was repeated this spring. On March 16, 2026, <strong>CYCU<\/strong> fell approximately 45% intraday &mdash; from a prior close near $1.75 to a low of $0.96 &mdash; triggering the Regulation SHO Rule 201 short-sale circuit breaker at 9:30:01 a.m. That safeguard is meant to restrain short selling once a stock has dropped 10% or more. Yet on precisely the two days the restriction was in force (March 16 and 17), the records reflect a pronounced surge in short sales, most marked &ldquo;short exempt&rdquo; &mdash; a designation that, if misused, permits short selling to continue at or below the prevailing bid during the window when it is supposed to be curtailed. The chart below shows both the price collapse and the concentration of short-exempt selling on those two restricted days.<\/p>\n<p style=\"text-align: justify\"><img decoding=\"async\" src=\"https:\/\/www.globalnewslines.com\/uploads\/2026\/07\/98346053dcfe262079ac03d041228889.jpg\" alt=\"\" \/><\/p>\n<p style=\"text-align: justify\"><em>CYCU price collapse and restricted-day short selling (Feb&ndash;Mar 2026)<\/em><\/p>\n<p style=\"text-align: justify\">Trading ecords suggest <strong>CYCU<\/strong> trading behavior consistent with additional acts of manipulation, including &#8216;spoofing&#8217; &mdash; including an unusually high number of orders placed and executed, followed by rapid sequencing of cancellations, creating a false impression of supply and demand.<\/p>\n<p style=\"text-align: justify\"><strong>CYCU<\/strong> intends to follow the evidence and, if appropriate, pursue those parties responsible for improper trading and market manipulation.<\/p>\n<p style=\"text-align: justify\"><strong>Asset Purchase Agreement to Acquire Kustom Entertainment&rsquo;s Legacy Video Solutions Segment with 1,000 New Clients and Approximately 58 Patents<\/strong><\/p>\n<p style=\"text-align: justify\">On June 29th <strong>CYCU<\/strong> announced that it has entered into an Asset Purchase Agreement, dated with Kustom Entertainment, Inc. (NASDAQ: KUST) to acquire substantially all of the assets comprising Kustom&rsquo;s video-solutions division, including the development, sale, licensing, support and servicing of video hardware, camera products, platforms, software and software solutions.<\/p>\n<p style=\"text-align: justify\">The business includes the well-established Digital Ally-branded in-car video systems, body-worn cameras, and digital evidence management solutions used by law enforcement agencies, municipalities, and public safety organizations across the United States. Kustom currently holds a robust portfolio of approximately 58 patents covering video surveillance, evidence management, and integration technologies, with more patents pending &mdash; strengthening its leadership in AI-enhanced rugged video capture, real-time analytics, and secure evidence management.<\/p>\n<p style=\"text-align: justify\">By combining Kustom&rsquo;s proven video and evidence management capabilities with the <strong>CYCU<\/strong> ARx AI-powered cybersecurity platform and the recently acquired Panoptic threat visibility and MDR solutions, <strong>CYCU<\/strong> expects to create a differentiated, full-spectrum offering that enhances recurring revenue and supports profitable growth.<\/p>\n<p style=\"text-align: justify\">Upon closing, <strong>CYCU<\/strong> expects to gain access to approximately 1,000 new customer relationships, including numerous police departments and municipal agencies where the Company already provides cybersecurity and managed services. These overlapping relationships create immediate opportunities for cross-selling integrated video, evidence management, and AI-driven security solutions.<\/p>\n<p style=\"text-align: justify\">The business generated approximately $5.1 million in annual revenue and holds approximately $8.0 million in contracted backlog, primarily from recurring subscriptions and multi-year contracts.<\/p>\n<p style=\"text-align: justify\"><strong>For more information on $CYCU visit:<\/strong> <a rel=\"nofollow\" href=\"http:\/\/www.cycurion.com\">www.cycurion.com<\/a><\/p>\n<p style=\"text-align: justify\"><strong>Media Contact:<\/strong> <strong>Company Name:<\/strong> Cycurion, Inc. (Nasdaq: <strong>CYCU<\/strong>) <strong>Contact: <\/strong>Kevin Kelly, Chairman &amp; CEO <strong>Email:<\/strong> <a rel=\"nofollow\" href=\"mailto:info@cycurion.com\">info@cycurion.com<\/a> <strong>Phone:<\/strong> <a rel=\"nofollow\" href=\"tel:888-341-6680\">888-341-6680<\/a> <strong>Country:<\/strong> United States<\/p>\n<p style=\"text-align: justify\">DISCLAIMER: <a rel=\"nofollow\" href=\"https:\/\/corporateads.com\/disclaimer\/\">https:\/\/corporateads.com\/disclaimer\/<\/a><\/p>\n<p style=\"text-align: justify\"><em>Disclosure listed on the CorporateAds website<\/em><\/p>\n<p class=\"caps\"><span style='font-size:18px !important'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> Cycurion, Inc. <br \/><strong>Contact Person:<\/strong> Kevin Kelly, Chairman &amp; CEO <br \/><strong>Email:<\/strong> <a rel=\"nofollow\" href='http:\/\/www.universalpressrelease.com\/?pr=546-million-10year-contract-award-with-top5-global-consulting-firm-is-the-largest-ever-for-cybersecurity-leader-cycurion-inc-nasdaq-cycu'>Send Email<\/a><br \/><strong>Phone:<\/strong> 888-341-6680<br \/><strong>Address:<\/strong>1640 Boro Place 4th Floor  <br \/><strong>City:<\/strong> McLean<br \/><strong>State:<\/strong> Virginia<br \/><strong>Country:<\/strong> United States<br \/><strong>Website:<\/strong> <a rel=\"nofollow noopener\" href=\"http:\/\/www.cycurion.com\" target=\"_blank\">www.cycurion.com<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.getnews.info\/press_stat.php?pr=546-million-10year-contract-award-with-top5-global-consulting-firm-is-the-largest-ever-for-cybersecurity-leader-cycurion-inc-nasdaq-cycu\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>$CYCU Agreement Supports the Modernization and Secure Operation of a Major Health and Human Services System Cybersecurity Leader&nbsp;Addressing the Growing Threat of Cyber Attacks and Data Breaches with a Multi-Layered<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.olympiajournal.com\/news\/wp-json\/wp\/v2\/posts\/606664"}],"collection":[{"href":"https:\/\/www.olympiajournal.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.olympiajournal.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.olympiajournal.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.olympiajournal.com\/news\/wp-json\/wp\/v2\/comments?post=606664"}],"version-history":[{"count":0,"href":"https:\/\/www.olympiajournal.com\/news\/wp-json\/wp\/v2\/posts\/606664\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.olympiajournal.com\/news\/wp-json\/wp\/v2\/media?parent=606664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.olympiajournal.com\/news\/wp-json\/wp\/v2\/categories?post=606664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.olympiajournal.com\/news\/wp-json\/wp\/v2\/tags?post=606664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}