Digital Media Net - Your Gateway To Digital media Creation. News and information on Digital Video, VR, Animation, Visual Effects, Mac Based media. Post Production, CAD, Sound and Music
Categories: News

Cycurion (Nasdaq: CYCU) Announces Definitive Agreement to Acquire Federal Cybersecurity Firm and Reports Record Contracted Backlog Exceeding $150 Million

MCLEAN, VA / ACCESS Newswire / March 16, 2026 / Cycurion, Inc. (Nasdaq:CYCU), a leading provider of AI-driven cybersecurity solutions for critical infrastructure, today announced it has entered into a definitive agreement to acquire a premier Washington D.C.-based cybersecurity firm specializing in Department of Defense (DoD) compliance and cloud security.

Strategic Acquisition & Synergy

The acquisition is expected to be immediately accretive to Cycurion’s earnings per share (EPS). The integration of this new entity will add approximately $18 million in annual recurring revenue (ARR) and expands Cycurion’s footprint within the federal sector. This move aligns with the Company’s 2026 growth strategy to consolidate high-margin cybersecurity assets under its proprietary ARx platform.

Unprecedented Backlog Growth

Concurrent with the acquisition announcement, Cycurion is pleased to report that its total contracted backlog has reached a record high of $112.4 million. This growth is driven by recent multi-year contract awards from three major federal agencies and significant renewals from existing enterprise clients.

“This morning represents a transformative milestone for Cycurion,” said Kevin Kelly, CEO of Cycurion. “By merging our advanced AI threat-detection capabilities with a deep-rooted federal service provider, we are creating a powerhouse in the sovereign cloud security space. Our $112 million backlog provides us with long-term revenue visibility that far exceeds our current market valuation. We remain committed to closing the gap between our fundamental performance and our shareholder value.”

Shareholder Meeting & Future Outlook

Management will provide a comprehensive financial update and a multi-year growth roadmap during the Annual Shareholder Meeting on Thursday, March 19, 2026. The company expects to provide updated 2026 revenue guidance that reflects the full-year impact of this acquisition.

About Cycurion, Inc. Cycurion is a pioneer in AI-powered cybersecurity, offering an end-to-end platform for protecting critical infrastructure, federal agencies, and enterprise-level networks from evolving digital threats.

Investor Relations and Media Contact:

Mackenzie Vance Lowell and Finch
Phone: +34 952 01 04 55
Email: fillings@lowellandfinch.com

SOURCE: Cycurion, Inc.

View the original press release on ACCESS Newswire

Staff

Recent Posts

Eagle Plains’ Partner Xcite Uranium Commences Drill Program at the Lorado Uranium Project, Saskatchewan

CRANBROOK, BC / ACCESS Newswire / September 1, 2026 / Eagle Plains Resources Ltd. (TSX-V:EPL)(OTCQB:EGPLF)…

8 hours ago

Skin Resurfacing Ran on Two Technologies For 30 Years. Shlomo Assa’s Company Is Testing a Third

SMITHFIELD, RI / ACCESS Newswire / September 1, 2026 / Ablative skin resurfacing has been…

8 hours ago

Jeffrey MacBride Management Consulting Strengthens Cross-Functional Coordination Capabilities for Large-Scale Program Delivery

Strengthening Coordination Across Complex Programs PHILADELPHIA, PA / ACCESS Newswire / September 1, 2026 /…

8 hours ago

Why Agentic AI is The Next Enterprise Growth Strategy in Australia, According to Bytes Technolab

BLACKTOWN, AU / ACCESS Newswire / September 1, 2026 / Australian enterprise AI adoption is…

8 hours ago

Connecting Excellence Group PLC Announces First Acquisition Heads of Terms & Trading Update

Heads of Terms signed for first recruitment company acquisition and Trading UpdateProposed recruitment acquisition with…

8 hours ago

InterContinental Hotels Group PLC Announces Transaction in Own Shares – September 01

LONDON, UK / ACCESS Newswire / September 1, 2026 / The Company announces that on…

8 hours ago