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Federal Contract $ORCL Oracle

Oracle (ORCL) just landed a $1.8M federal contract from Indigenous Services Canada

Posted 25d agoAug 19, 2026, 11:21 PM EDT

Indigenous Services Canada handed ORACLE CANADA ULC a contract worth $1.8M on May 22, 2026 — License/Maintenance fees for client software related to Distributed Computing Environment (DCE).

ORCL shares are trading around $143.81, up 0.7% in the latest session and down 21% over the past three months. The stock has ranged from $114.99 to $328.33 over the past 52 weeks, and still trades 56% below that high.

Government revenue is sticky — a vendor that lands one federal contract usually lands the next one too.

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