US EditionWhat's Going On With Salesforce Stock Tuesday? - Salesforce (NYSE:CRM)
The contract aims to unify Army data systems and enhance AI-driven analytics to support millions of personnel, with a five-year base plus optional extension period.
- On Monday, the U.S. Army awarded an IDIQ contract worth up to $5.6 billion with a five-year base and optional ordering period to Computable Insights LLC .
- Under Defense Secretary Pete Hegseth and Pentagon CTO Emil Michael, the Pentagon has pushed generative AI integration across the DOD in recent months while Salesforce Inc. launched Missionforce last year and GenAI.mil in December.
- Under the deal, the Army can leverage a trusted data fabric and compliant cloud to unify data, accelerate decisions, and support millions of warfighters and civilian personnel while enabling future agentic AI deployment.
- Salesforce said the IDIQ contract structure means revenue depends on task orders and it will discuss the contract's contribution on its fourth-quarter earnings call.
- Peter Lington, area vice president for Department of War business at Salesforce, said clean, trusted data is essential for human-agent teaming and MOSA-driven open systems, with early use in back-office HR cases.
14 Articles
14 Articles
Army leverages Salesforce analytics with new $5.6 billion contract
The Army has awarded Salesforce a 10-year, $5.6 billion contract for the company's data management and artificial intelligence tools, according to an announcement from the Defense Department. The indefinite delivery, indefinite quantity contract, announced yesterday, was awarded through a national security-focused subsidiary of Salesforce, Computable Insights -- also known as Salesforce National Security, the company said in an announcement. The…
What's Going On With Salesforce Stock Tuesday? - Salesforce (NYSE:CRM)
Salesforce Inc. (NYSE:CRM) announced late Monday that it has secured a potential $5.6 billion, 10-year Indefinite Delivery Indefinite Quantity contract from the U.S. Army, sending shares higher as investors digested the scale of the agreement and its long-term implications for government revenue growth. The U.S. Army issued the award through Computable Insights LLC, a wholly owned Salesforce subsidiary focused on national security programs. The …
Salesforce lands Army contract worth up to $5.6B for data analytics, cloud capabilities
The Army has reached an agreement with Salesforce that the company says will help the Pentagon boost its data analytics capabilities and accelerate future agentic AI deployments. The indefinite-delivery, indefinite-quantity (IDIQ) contract announced Monday is worth up to $5.6 billion and includes a five-year base ordering period plus a five-year optional ordering period. Salesforce — a vendor of “customer management relationship” (CMR) tools and…
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