logo
Share SHARE
FONT-SIZE Plus   Neg

HP Awarded Cloud Contract By U.S. Army

Hewlett-Packard (HPQ) announced Tuesday that its Enterprise Services segment has been awarded a indefinite delivery/indefinite quantity contract by the U.S Army. Under the deal, the tech giant will provide the Department of Defense and other federal agencies with enterprise cloud computing services.

The contract, released under the Army Private Cloud contract, would help the Army utilize industry capabilities via cloud offerings. The Army would use this contract to acquire specific cloud computing services to consolidate data centers by establishing a secure, cost-effective private cloud.

HPQ stated that the contract has a $249 million ceiling over a one-year base period and four one-year options.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Canadian power company Emera has agreed to buy Teco Energy Inc for $27.55 per share in cash as part of efforts to expand into Florida and New Mexico. The announcement sent Teco shares surging 28 percent in after-hours trade on the New York Stock Exchange. Xiaomi Corp., nicknamed the "Apple of China" is planning to launch laptops, a report by Bloomberg said. The Chinese brand has been pausing a direct challenge to major smart phone brands in Asian markets in the recent years. It has planned to win over China, India and Brazil markets those together would account for one third of the worldwide sales. Value-priced fashion apparel and accessories retailer Cato Corp. (CATO) Thursday announced a four percent increase in comparable store sales for August. Sales were for the four week period was up five percent to $67 percent from $63.6 million last year. For the thirty weeks ended August 29, the...
comments powered by Disqus
RELATED NEWS
Trade HPQ now with 
Follow RTT