Technology

Oracle Wins A 10-Year Indefinite Delivery/Indefinite Quantity Contract Under The U.S. Department Of War Enterprise Software Initiative; BASE Value Of $3.31B For The First Five Years Of The Agreement And A Total Value Of $6.99B If Option Years Are Exercised

Jul 23, 2026 · 05:14 PM ET· updated 2h ago

Oracle has been awarded a 10-year Indefinite Delivery/Indefinite Quantity (IDIQ) contract under the U.S. Department of War (DoW) Enterprise Software Initiative (ESI), with a base value of $3.31 billion for the first

Why It Matters

Oracle won a big, long contract to provide computer software to the U.S. military for 10 years, worth billions of dollars. This shows the military trusts Oracle, and it gives Oracle steady work ahead—which is good to know when thinking about the company's future income.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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