Carahsoft Technology secured 60-month contract valued at roughly $1B by the Defense Information Systems Agency, G2X reported. The contract is for the provision of Palo Alto software subscriptions, hardware maintenance, and services, G2X said, adding that there was one bidder for this contract.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PANW:
- Purported DoD deal could give Palo Alto multi-year tailwind, says Morgan Stanley
- Palo Alto Networks price target raised to $435 from $400 at KeyBanc
- Palo Alto Networks price target raised to $410 from $370 at Barclays
- Palo Alto Networks price target raised to $421 from $390 at Morgan Stanley
- Delta reports mixed Q3, Domino’s reports earnings beat: Morning Buzz