Pentagon cancels JEDI contract as Amazon, Microsoft duke it out

Check out what’s clicking on FoxBusiness.com.

The Defense Department has canceled its Joint Enterprise Defense Infrastructure (JEDI) contract after Amazon and Microsoft sparred for years over the $10 billion cloud computing contract.

Ticker Security Last Change Change %MSFT MICROSOFT CORP. 276.34 -1.31 -0.47%AMZN AMAZON.COM, INC. 3,677.35 +166.37 +4.74%

The JEDI contract, which aimed to give the military better access to data from remote locations using cloud technology, was initially expected to go to Amazon before the Defense Department decided to give the award to Microsoft in October of 2019, prompting a lawsuit from Amazon.

The DOD said JEDI, initially crafted in 2017, “no longer meets its needs” due to “evolving requirements, increased cloud conversancy, and industry advances” in a statement to FOX Business.

“JEDI was developed at a time when the Department’s needs were different and both the [cloud service provider] technology and…

Read more…