Kyndryl Holdings Inc. secured a 10-year NASPO ValuePoint Cloud and Software Solutions contract on September 16, 2026. The agreement streamlines access to cloud computing and technology modernization for public entities across the United States.
State agencies, higher education institutions, counties, and municipalities can now utilize Kyndryl’s services for digital transformation. This contract establishes a long-term channel for Kyndryl to provide mission-critical technology to the U.S. public sector.
Zacks Research upgraded the company's stock to a Hold rating on the same day.