What's Going On With Oracle Stock on Friday?
Oracle wins a nearly $7 billion 10-year Pentagon software contract, expanding its defense presence and streamlining U.S. government procurement.
Oracle just won a huge 10-year contract worth $7 billion to provide software to the U.S. Department of Defense, which is like winning a really big, really long customer order. When a company locks in a major customer for many years, it shows steady income ahead and that people trust their work—good things to notice when watching the company.
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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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