Dell Wins $9.7B Deal to Supply Microsoft Software to US Military

Dell Technologies secured a roughly $9.7 billion (€8.3bn) contract to supply Microsoft software across the entire US military, weeks after a White House endorsement. Separately, Amazon confirmed more than €10 billion to expand and modernize its warehouse and delivery network across Europe over the coming years. Both deals show enterprise and defense spending — not just frontier-model launches — driving the current tech cycle, with US procurement and EU infrastructure investment moving in parallel. For engineers, it is a reminder that the largest budgets still flow through integration, logistics, and long-cycle contracts rather than consumer AI apps.