Cycurion, Inc. (NASDAQ: CYCU) reported on September 30, 2026, that it has secured its largest contract in the company's history. The agreement is valued at $54.6 million and spans a 10-year term. The contract was awarded through a leading global consulting firm and is designed to support the modernization and secure operation of a major state Health and Human Services system. The company expects the deal to generate more than $5 million in annual revenue, with work scheduled to commence in November 2026.
In addition to the contract award, Cycurion discussed the acquisition of the Video Solutions business from Digital Ally. The transaction adds a public safety technology portfolio to Cycurion's offerings. According to the filing, the acquired business contributes approximately $5.5 million in annual revenue and more than $1.2 million in EBITDA. The deal also brings with it an installed customer base of over 800 law enforcement agencies and a portfolio of intellectual property assets. Upon closing, Cycurion’s pro forma gross revenue run rate is reported to be approximately $30 million.
The company’s Chairman and Chief Executive Officer, L. Kevin Kelly, highlighted that the Digital Ally acquisition is intended to expand Cycurion’s public safety ecosystem. Management stated that the combination of advanced public safety technologies with the company’s cybersecurity expertise is expected to create differentiated solutions for law enforcement, emergency services, and critical infrastructure clients. The filing notes that public safety continues to serve as a strategic foundation for the company's broader expansion into federal government and commercial cybersecurity markets.
