[U.S. Department of Defense Reaches Nearly $7 Billion Software Agreement with Oracle] BlockBeats News, July 24, according to Reuters, the U.S. Department of Defense announced on Thursday that it has reached a nearly $7 billion agreement with Oracle, spanning up to 10 years. The deal aims to consolidate the Department of Defense's existing on-premises software licenses into a unified contract. This is the latest initiative by the Pentagon's technology leaders to reduce costs and eliminate fragmented procurement models. The "Enterprise Software Agreement" was negotiated under the leadership of the U.S. Navy, with the signing parties being the U.S. Department of Defense and Oracle. The agreement primarily covers the use of Oracle's on-premises computing resources, aiming to enhance software procurement efficiency, lower operational costs, and further optimize the IT infrastructure of defense systems. [Original Link]