Trigyn Technologies announced that its subsidiary, Trigyn Technologies Inc. with its partner Envision Innovative Solutions, Inc. (Prime Contractor) has been awarded a five year contract, to provide support services to the U.S. Army Software Engineering Center (SEC) located at Picatinny Arsenal, in Wharton, New Jersey. The Software Engineering Center (SEC) was established to develop and engineer software for weapons, training, and combat support systems.
Trigyn and Envision will support Functional Area 3 (Software Process Assurance) and Functional Area 4 (SEC Infrastructure Support). Six teams were selected to support the contract, which has a value USD 45 million dollars.
Shares of the company declined Rs 5.55, or 4.29%, to settle at Rs 123.85. The total volume of shares traded was 8,758 at the BSE (Thursday).