Trigyn wins order to provide software support service to US Army

The company bagged an award with partner Envision Innovative Solutions to provide services to US Army's sofware engineering center in New Jersey. This order is valued at approximately US$45 million.

Trigyn Technologies Limited's US-based wholly-owned subsidiary, Trigyn Technologies, Incorporated has won the five year contract along with Prime Contractor Envision Innovative. The US Army Software Engineering Center (SEC) is located at Picatinny Arsenal, Wharton, New Jersey. Trigyn and Envision will provide support to Software Process Assurance and SEC Infrastructure Support.

This contract gives the company further access to the US Federal Government sector. Trigyn Technologies is a public multinational IT firm with 1,500 personnel posted in 25 countries.

Meanwhile, the stocks seems to have already factor this positive development. On Thursday, at 15:08 hours, in-line with the benchmark index BSE Sensex. The stock of Trigyn Technologies was at Rs. 124.45 per share, down by 3.83 per cent, when the BSE Sensex was at 36,315.46, down 57.98 point or 0.16 per cent.