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ResolvedStocks

Pentagon Awards $9.7 Billion Software Contract to Microsoft and Dell

First Detected: May 27, 2026, 9:46 PM
Last Update: 3 months ago
4 articles·1 stories

Event Summary

On May 27, the Pentagon announced a five-year agreement worth $9.69 billion to consolidate software licenses across military services. Dell won the contract after a competitive process to provide a suite of software to the U.S. Department of Defense. Dell shares rose 3% in premarket trading after the contract was awarded, and the company's market value has more than doubled this year.

Timeline

Drone Stocks Rally as Pentagon Eyes Funding Deals for Domestic Startups
May 28, 2026, 1:16 PMImpact: 7

Price Impact

Since event start
MSFT+19.70%
DELL+71.62%