Pentagon Picks Microsoft for JEDI Cloud-Computing Contract Over Amazon

Date : 26/10/2019 @ 02h03
Source : Dow Jones News
Valeur : Microsoft Corporation (MSFT)
Cours : 154.53  1.29 (0.84%) @ 22h51
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Pentagon Picks Microsoft for JEDI Cloud-Computing Contract Over Amazon

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By Aaron Tilley 

The Pentagon on Friday awarded Microsoft Corp. a hotly contested and controversial contract to build a large cloud-computing system for the U.S. military.

The so-called JEDI contract could be worth up to $10 billion to Microsoft over a 10-year period if the Pentagon exercises all options under the deal.

The only other remaining finalist was Amazon.com Inc. Several other firms were eliminated from the bidding earlier.

Defense Secretary Mark Esper this week said he was withdrawing from reviewing the contract to avoid the appearance of a conflict of interest. His son worked for one of the original bidders that was no longer in the running for the deal.

 

(END) Dow Jones Newswires

October 25, 2019 19:48 ET (23:48 GMT)

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