Oracle Secures $7 Billion Pentagon Contract for On-Premises Software

Oracle has signed a decade-long contract worth up to $7 billion with the U.S. Department of Defense, supplying on-premises software across military branches and intelligence agencies. The deal is expected to save taxpayers at least $441 million by streamlining procurement processes.

By Jordan Novet · CNBC ·

Oracle Secures $7 Billion Pentagon Contract for On-Premises Software

Tickers: $ORCL

Topics: AI infrastructure Oracle software contract U.S. Department of Defense

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