- The U.S. Defense Department has issued formal solicitations to Amazon.com Inc's AMZN Amazon Web Services, Microsoft Corp MSFT, Alphabet Inc GOOG GOOGL Google, and Oracle Corp ORCL for its Joint Warfighting Cloud Capability (JWCC) contract, the Federal News Network reports.
- The JWCC contract is the multibillion-dollar project replacing the " ill-fated" JEDI Cloud contract.
- The decision represents a change from DoD's initial plans for the contract after several months of market research.
- In July, when the DOD scrapped the Joint Enterprise Defense Infrastructure contract, it only considered AWS and Microsoft Corp MSFT as technically proficient at meeting their needs.
- Related Content: Oracle Loses Court Appeal For JEDI Contract: Bloomberg
- Price Action: MSFT shares traded higher by 0.50% at $343.02 on the last check Friday.
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AMZNAmazon.com Inc
$219.45-1.80%
Edge Rankings
Momentum
53.10
Growth
96.98
Quality
64.50
Value
49.38
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