WAVD - Tellenger Wins Contract to Provide Modernization Capabilities in Support of Large Financial Program | Benzinga
FAIRFAX, Va., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Tellenger, Inc., a subsidiary of WaveDancer, Inc., (NASDAQ:WAVD) announced today that it was awarded a three-year contract by a large systems integrator to provide modernization support for a major financial program for a large U.S. Government (USG) customer. The company expects total revenues of $4M over the course of the contract's period of performance.
Tellenger, a long-standing subcontractor partner to the USG customer, has been tasked to provide services to modernize a major financial system to allow for easier maintenance and greater reliability on a new platform. The effort will use new technology and products.
"The work we are doing in collaboration with ...