Broadcom, Carahsoft Technology Receive Five-Year, $970M Agreement From U.S. Defense Information Systems Agency To Modernize Software Contracts

Broadcom Inc. (NASDAQ: AVGO) and Carahsoft Technology Corp. have secured a five-year, $970 million blanket purchase agreement from the U.S. Defense Information Systems Agency (DISA) to modernize software contracts. This agreement aims to streamline and consolidate software procurement for various Department of War agencies, including the U.S. Air Force and U.S. Space Force, providing uniform pricing and cost transparency for Broadcom's solutions. The contract specifically facilitates the acquisition of the VMware Cloud Foundation platform, enhancing private cloud infrastructure and security operations.