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Tyler Wins $54M, 5-Year US DSS Contract

Benzinga · 11/15/2022 11:03
  • Tyler Technologies, Inc (NYSE:TYL) won a five-year, $54 million agreement with the U.S. Department of State's Diplomatic Security Service (DSS) for its Case Management Development Platform, the largest-ever award for such a system.
  • Since 2017, Tyler has been a trusted partner of the State Department in support of the DSS mission
  • Brian Combs, president of Tyler's Federal Division, said, "Our Case Management Development Platform is comprehensive and scalable, making it a strong choice for large, secure, global deployments such as this one."
  • DSS has the most significant global reach of any U.S. federal law enforcement agency, with offices in 33 U.S. cities and more than 270 locations worldwide.
  • In early November, Tyler signed an agreement with the Arizona Supreme Court for its Enterprise Supervision solution to support Arizona's 15 Adult Probation Departments, including the Superior Court in Maricopa County, the fourth-most populous county in the U.S.
  • Price Action: TYL shares traded higher by 4.10% at $333.48 on the last check Tuesday.