The Pentagon awarded Oracle a nearly $7 billion, 10-year contract to provide software services for the military, intelligence agencies, and the Coast Guard.

The agreement includes software licenses, maintenance, and consulting, with officials estimating it will save taxpayers at least $441 million.

The deal boosted Oracle’s stock after the company faced investor concerns over slowing software growth and rising costs from expanding its AI data centers.

Oracle co-founder Larry Ellison, a supporter of President Donald Trump, has maintained close ties with the administration through technology initiatives, CNBC has reported.

Despite challenges, Oracle continues to grow its cloud business as it competes for a larger role in artificial intelligence infrastructure.