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The United States Department of Defense announced a new agreement with Microsoft and Dell.
The Pentagon signed a $9.7 billion five-year software consolidation deal with Microsoft and Dell.
KEY POINTS
- Dell will centralize and streamline Microsoft software across the U.S. military, intelligence services, and Coast Guard.
- The consolidation deal is projected to save U.S. taxpayers $422 million annually.
- Funds for this new contract come from already allocated Microsoft software budgets, not new spending.
- Dell's stock hit a record high of $305 following announcement of this government agreement.
COMPANIES
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