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Google To Bid For Pentagon Cloud Computing Contract; Oracle, IBM May Join Too

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·1 min read
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  • Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google is pursuing a massive cloud-computing contract with the Department of Defense, the Wall Street Journal reports.

  • Google abandoned a similar bid process three years back in the face of employee protests.

  • Google Cloud CEO Thomas Kurian recently met Pentagon officials to discuss the bid process for a contract called the Joint Warfighting Cloud Capability.

  • The three-year contract will be split across multiple bidders, replacing the 10-year, $10 billion JEDI cloud-computing contract terminated in July.

  • The project was a bone of contention between Microsoft Corp (NASDAQ: MSFT), which won the bidding, and Amazon.com Inc (NASDAQ: AMZN), which contended the process was politically motivated under the Trump administration.

  • The officials expect cloud-industry leaders Amazon and Microsoft to bid on the contract and other qualified bidders like Oracle Corp (NYSE: ORCL) and International Business Machines Corp (NYSE: IBM).

  • Google's cloud marketing share of 6% lags considerably behind Amazon at 41% and Microsoft at 20%.

  • Related Content: Oracle Loses Court Appeal For JEDI Contract: Bloomberg

  • Price Action: MSFT shares traded higher by 0.10% at $334.32 in the premarket session on the last check Thursday.

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