Microsoft Wins $10 Billion Pentagon Cloud Contract, Beating Amazon

(Bloomberg) — Microsoft Corp. has been awarded the sought-after JEDI cloud computing contract with the Pentagon valued as much as $10 billion over a decade, the Defense Department said in a statement on Friday night.The decision deals a blow to Inc., which had been seen as the most likely winner in a deal whose terms were hotly contested by another rival, Oracle Corp.The Pentagon has said the cloud project, known as the Joint Enterprise Defense Infrastructure, or JEDI, is intended to help bring the Pentagon’s technology into the modern era.The Defense Department is investing in commercial cloud services, which …read more

Source:: Yahoo Finance


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