Cognyte Software Ltd. announced a three-year support agreement valued at over $20 million annually with a longstanding national security customer. This long-term commitment highlights the agency's reliance on Cognyte's investigative analytics solutions.
The multi-year nature of this agreement provides significant revenue visibility and stability for Cognyte, reinforcing its financial outlook. It also demonstrates the critical role its solutions play in safeguarding national interests and public safety.
This substantial contract win underscores Cognyte's ability to secure high-value, recurring business from its established customer base. It validates the company's technology and its strategic importance to national security operations.
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