Broadcom (AVGO) Bags Another US Government Defense Deal
Broadcom Inc. (NASDAQ:AVGO) is one of the 10 High Growth Mega Cap Stocks to Buy and Hold for Next 10 Years. On March 24, Broadcom Inc. (NASDAQ:AVGO) and Carahsoft Technology Corp. announced that they had secured a five-year, $970M blanket purchase agreement from the Defense Information Systems Agency. The deal marks an expansion of AVGO’s role in U.S. defense technology. The agreement is designed to streamline and consolidate software contracts across multiple Department of Defense agencies, including the ...