--- title: "Oracle's VA Contract Just Got $17 Billion Bigger" type: "News" locale: "en" url: "https://longbridge.com/en/news/296647542.md" description: "Oracle secured a $17 billion increase to its Department of Veterans Affairs electronic health record contract, raising the total value to approximately $27 billion. This adjustment provides the VA with greater flexibility for future awards as only 14 of 164 centers are currently live on the system. The deal includes three one-year options extending through May 2031. Mizuho reiterated an Outperform rating, citing potential SaaS growth, while investors monitor how quickly this capacity converts into actual revenue." datetime: "2026-08-21T19:41:25.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296647542.md) - [en](https://longbridge.com/en/news/296647542.md) - [zh-HK](https://longbridge.com/zh-HK/news/296647542.md) generator: "portal-rs" --- # Oracle's VA Contract Just Got $17 Billion Bigger Oracle Corp. (ORCL, Financials) has just received a significantly larger opportunity with the Department of Veterans Affairs. The VA boosted the maximum on Oracle Healths electronic health record contract by roughly $17 billion to approximately $27 billion. Thats a big figure, but with an essential caveat. Oracle wont see $17 billion right away. The boost just provides the VA with greater flexibility for awarding contracts as the rollout proceeds. And there is much to do. Only 14 of the VAs 164 medical centers are live on the federal EHR system, and most are not yet using it. The deal now also includes three more one-year options that may keep the program running through May 2031. A longer runway might be significant for Oracle's software division, Mizuho says. The brokerage reiterated its Outperform rating and $320 price target, saying the larger VA opportunity might help boost SaaS growth over the next several years. Oracle has spent most of the last few years trying to sell investors on its cloud infrastructure story. That gives the corporation another lever for growth, one supported by a significant government customer. The next thing to watch will be simple: How fast that excess contract capacity transforms into actual task orders and revenue. ### Related Stocks - [ORCL.US](https://longbridge.com/en/quote/ORCL.US.md) - [ORCX.US](https://longbridge.com/en/quote/ORCX.US.md) - [ORCU.US](https://longbridge.com/en/quote/ORCU.US.md) - [ORCS.US](https://longbridge.com/en/quote/ORCS.US.md) - [MFG.US](https://longbridge.com/en/quote/MFG.US.md) - [8411.JP](https://longbridge.com/en/quote/8411.JP.md) - [ORCL-D.US](https://longbridge.com/en/quote/ORCL-D.US.md) ## Related News & Research - [14,640 Shares in Oracle Corporation $ORCL Acquired by Strait & Sound Wealth Management LLC](https://longbridge.com/en/news/297400040.md) - [Oracle builds Project Jupiter AI data center campus in New Mexico’s Doña Ana County](https://longbridge.com/en/news/297648022.md) - [Mufg Securities Americas Inc. Has $7.49 Million Position in Oracle Corporation $ORCL](https://longbridge.com/en/news/297400955.md) - [Oracle vs. Microsoft: Big Tech’s AI Cloud Battle Has a New Underdog](https://longbridge.com/en/news/297407549.md) - [Learning Platforms Gain Flexibility to Meet Changing Skill Requirements, Employee Expectations, ISG says | III Stock News](https://longbridge.com/en/news/298049520.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**