Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

HP Awarded Cloud Contract By U.S. Army

RELATED NEWS
Trade HPQ now with 

Hewlett-Packard (HPQ: Quote) 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.

Click here to receive FREE breaking news email alerts for Hewlett-Packard Company and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
This apparel maker has doubled its earnings per share in just two years and increased its annual earnings forecast from time to time, despite a challenging consumer spending environment. Contributions from acquisitions, efficiency gains from self-owned global supply chain and benefits from 'Innovate-to-Elevate' strategy continue to boost the company's results. Here is a quick summary of the earnings reported after the bell on Nov 20. We have 20+ stocks listed here. The good news is you can skip this step. There is a next move that can make your life a lot easier. Our research team has already done the groundwork for you. All these stocks listed... Design software maker Autodesk, Inc. said Thursday after the markets closed that its third quarter profit fell 81% from last year, as higher costs and expenses more than offset an 11% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.