[U.S. Pentagon Signs Nearly $7 Billion Software Agreement with Oracle, Maximum Term of 10 Years] Odaily Planet Daily News: The U.S. Pentagon announced the signing of a corporate software agreement with Oracle, with a total value of nearly $7 billion and a maximum term of 10 years. The agreement consolidates the Department of Defense's existing on-premises software licenses into a unified contract to reduce costs associated with decentralized procurement. The agreement was negotiated by the U.S. Department of the Navy, with a term of 5 years and an option for a 5-year renewal, covering the U.S. Department of Defense, Coast Guard, and intelligence agencies. Previously, the Pentagon signed a similar software consolidation agreement with Microsoft in May of this year, valued at $9.69 billion and lasting 5 years. (Reuters)