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  • 6 months ago
Salesforce shares slipped after announcing a $5.6B, 10-year U.S. Army cloud contract, giving up earlier gains.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Salesforce shares fell after giving...
00:05up earlier gains following the announcement of a large government contract, according
00:09to CNBC.
00:10Salesforce said the U.S. Army awarded the company a $5.6 billion.
00:1510-year indefinite delivery, indefinite quantity contract.
00:20The contract will be executed through Computable Insights LLC, a wholly...
00:25owned subsidiary focused on national security.
00:28The agreement covers the Army and Department...
00:30of war using Salesforce cloud tools to accelerate decision-making, streamline operations...
00:35and support service members, civilian employees, industrial partners, and military...
00:40The contract aims to shorten procurement timelines from months to days while...
00:45offering predictable pricing.
00:46Shares were down 1.00% at $220.
00:50For all things money, visit Benzinga.com.
00:56All right, good!
00:58gitu!
01:00You're waiting for me, and my friend someone who's really wielousing that has!
01:04All right!
01:05Leave her now...
01:08She didn't plans for us because of getting my phone calls on Inst لم.
01:13First of all, starting out our was warned.
01:16I know that I don't.
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