Oracle Suits up for Air Force Cloud One with $88M Deal

Oracle suits up for Air Force Cloud One with $88M deal

: Big Red joins AWS on a multi-cloud defense platform

US military taps Oracle cloud services

Oracle scooped an $88 million contract to provide cloud services to the US military, maintaining its role as a key partner in an enterprise platform run by the nation’s Air Force. The $88 million is a firm-fixed price task order covering provision of Oracle Cloud Infrastructure (OCI) services to the Air Force Cloud One programme, an enterprise-level set-up the division of the military runs for the Department of Defence. Oracle explained Cloud On…

Oracle stock slips despite $88 million U.S. Air Force cloud win as investors brace for CPI

Oracle shares fell 0.5% to $156.36 Thursday after the company announced an $88 million U.S. Air Force cloud contract and a new CMS migration deal. CEO Clayton Magouyrk sold 10,000 shares, filings showed. Investors remain focused on Oracle’s cloud funding plans and Friday’s U.S. inflation data. A securities class action deadline approaches in April. The post Oracle stock slips despite $88 million U.S. Air Force cloud win as investors brace for CP…