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Pentagon Picks Oracle in Big New Deal | Durham News
The Pentagon just dropped a tech bombshell: a $266 million rocket launch deal and a jaw-dropping $7 billion, 10-year contract with Oracle. This isn’t just about flashy hardware — it’s about locking down enterprise software for 3 million military workers across all branches. Oracle, a longtime government supplier, now gets direct Pentagon contracts, cutting out middlemen and consolidating decades of fragmented purchases. Investors stayed cool — Oracle’s stock barely budged — as the company braces for a big debt and equity raise to fund its data centers. In an AI-driven world, old-school…
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