The U.S. Department of the Air Force awards Oracle Corporation (ORCL) an $88 million firm-fixed-price contract

The U.S. Department of the Air Force awards Oracle Corporation (ORCL) an  million firm-fixed-price contract

By Bob Karr
Publication Date: 2026-02-17 12:32:00

Oracle Corporation (NYSE:ORCL) belongs to the The 14 Best Cloud Computing Stocks to Buy Now.

The U.S. Department of the Air Force awards Oracle Corporation (ORCL) an $88 million firm-fixed-price contract

On February 12, the U.S. Department of the Air Force (DAF) awarded the company an $88 million firm-fixed-price contract. The contract focuses on providing Oracle Cloud Infrastructure services to the Air Force Cloud One program, continuing Oracle Corporation’s (NYSE:ORCL) role as a partner in the War Department’s cloud modernization efforts.

As a result of this program, DoW customers can benefit from OCI’s performance, security and resiliency at all classification levels. Specifically, the work is expected to be performed at contractor-specified facilities throughout the United States and to last through December 7, 2028.

Separately, DA Davidson upgraded shares of Oracle Corporation (NYSE:ORCL) from Neutral to Buy on February 9…