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Stock impact report

Pentagon splits $9 billion cloud contract between 4 firms [Financial Post (Toronto, Ontario, Canada)]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Financial Post
after accusations of politicization over the previously announced contract and a protracted legal battle resulted in the military starting over in its award process. The Joint Warfighter Cloud Capability is envisioned to provide access to unclassified, secret and top-secret data to military personnel all over the globe. It is anticipated to serve as a backbone for the Pentagon's modern war operations, which will rely heavily on unmanned aircraft and space communications satellites, but will still need a way to quickly get the intelligence from those platforms to troops on the ground. The contract will be awarded in parts, with a total estimated completion date of June 2028, the Pentagon said in a statement. Competition is intense to snap up big corporate and government cloud contracts — awards to build global computing networks where information is stored, shared and secured over the internet instead of on local computer systems. The Pentagon's award is seen as one of the most c Show less Read more
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