Democratic senator warns of Trump involvement in Pentagon contract [Reuters]
Oracle Corporation (ORCL)
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Source: Reuters
Democratic senator warns of Trump involvement in Pentagon contract (Reuters) - U.S. Senator Mark Warner on Friday raised concerns over the Pentagon’s decision to put on hold a $10 billion cloud computing contract after President Donald Trump said his administration was examining Amazon.com Inc’s ( AMZN.O Trump in July had said in July that Amazon’s bid for the contract, called the Joint Enterprise Defense Infrastructure Cloud, or JEDI, was being reviewed. A Pentagon spokeswoman said on Thursday that Defense Secretary Mark Esper, who assumed his role on July 23, was reviewing accusations of unfairness. “It’s important that we maintain a fair & competitive process for DoD contracts, but for the President to use the power of his office to punish critics in the media would be a complete abuse of power,” Warner, a Democrat, said on Twitter. “This does not pass the smell test & we need some answers.” Amazon’s founder and chief executive, Jeff Bezos, also owns the Washington Post. Trump, who
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ORCL
Earnings
- 3/11/24 - Beat
ORCL
Sec Filings
- 5/3/24 - Form 144
- 5/2/24 - Form 4
- 5/1/24 - Form 144
- ORCL's page on the SEC website