Dell Awarded $9.7 Billion Pentagon Contract Weeks After Trump Comments, Shares Rise Sharply

Dell Technologies was awarded a five-year, $9.7 billion contract with the U.S. Department of Defense to provide software services and licensing support across the military. The timing has drawn attention due to President Donald Trump's recent public praise for Dell. Following this news, shares have surged by nearly 48% in one month.

By Ananya Gairola Sat, May 30, 2026 at 1:01 PM GMT+3 6 min read · Yahoo Finance ·

Dell Awarded $9.7 Billion Pentagon Contract Weeks After Trump Comments, Shares Rise Sharply

Tickers: $DELL $MSFT

Topics: defense government_contract stock_movement

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