Google, Oracle, Amazon And Microsoft Jointly Win US DoD Cloud Contract Worth $9B

• The Pentagon has split a six-year $9 billion contract for cloud computing services among Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google, Oracle Corp (NYSE: ORCL), Amazon.com Inc (NASDAQ: AMZN) and Microsoft Corp (NASDAQ: MSFT).

• The U.S. Department of Defense's move came a year after scrapping a previous contract marred by accusations of political interference by the administration of former U.S. President Donald Trump and bogged down by legal challenges, the Financial Times reports.

• The Joint Warfighting Cloud Capability succeeded the Joint Enterprise Defense Infrastructure (Jedi), which aimed to build a large common commercial cloud for the entire DoD.

• The Trump administration wanted to concentrate the cloud computing program under one provider.

• The project is estimated to be completed by June 2028.

• The DoD initially awarded Microsoft the contract in October 2018, but legal challenges delayed its implementation.

• Last summer, the Pentagon canceled the initial Jedi contract.

• Amazon had charged Trump with exploiting his animosity against Jeff Bezos.

• Oracle said the single-vendor contract was unfair, while Google had withdrawn its bid in 2018 following a staff outcry for working with the DoD.

See more from Benzinga

• Google Combines Maps & Waze Teams To Control Costs Without Any Layoffs: Report

• Cybersecurity Stock SentinelOne Has Path To Profitability Over Next Two Years, Analysts Say

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.