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Appian Says Three Partners Receive $146 Million US Department of Defense Contract -- Shares Rise
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Appian Says Three Partners Receive $146 Million US Department of Defense Contract -- Shares Rise
Sep 11, 2024 3:38 AM

09:40 AM EDT, 09/10/2024 (MT Newswires) -- Appian (APPN) said Tuesday that three of its partners have received a multiple-award contract to provide Appian products through the US Department of Defense's Enterprise Software Initiative worth $145.9 million.

The partner companies include Carahsoft Technology, Groundswell, and TD Synnex Public Sector.

The agreement requires the three companies to provide the US Navy with Appian's commercial off-the-shelf software, hardware, and maintenance support, Appian said.

Shares of Appian were up nearly 3% in recent trading.

Price: 30.94, Change: +0.87, Percent Change: +2.89

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