Oracle CorporationOracle secured a $7 billion defense contract for its enterprise products and cloud services.

Oracle Corporation secured a major defense contract valued at up to $6.99 billion from the U.S. Department of War, sending its shares 2.3% higher in extended trading Thursday. The single-award, indefinite-delivery/indefinite-quantity agreement under the Department of War Enterprise Software Initiative establishes a streamlined, ten-year procurement framework for Oracle's suite of enterprise products and cloud services. The contract carries a base value of $3.31 billion covering an initial five-year ordering period, with unexercised option years potentially expanding total cumulative spending to $6.99 billion over a decade. Awarded by the Naval Information Warfare Center Pacific, the non-competitive direct contract will consolidate software acquisition across defense agencies while expanding authorization to the intelligence community and the Coast Guard. Department entities are scheduled to transition to the unified ESI contract vehicle starting in the summer of 2026, backed by dedicated program operations from Oracle to standardize intake and technical engagement.
Oracle CorporationOracle secured a $7 billion defense contract for its enterprise products and cloud services.