Microsoft wins Pentagon’s JEDI contract, and the cloud wars heat up

Wealth

The Pentagon warded its Joint Enterprise Defense Infrastructure (JEDI) contract to Microsoft late last week.

The JEDI contract is worth up to $10 billion over 10 years, but just as valuable as the money, it’s also worth bragging rights and street cred.

This was supposed to be Amazon’s contract to lose. Amazon practically invented enterprise cloud computing 14 years ago with AWS. When the Pentagon put out the requirements for the contract a year and a half ago, some competitors cried foul that it was too tailored to Amazon.

So is this contract now a game changer in the cloud wars?

Jon Fortt breaks down the big deal with fellow “Squawk Alley” co-anchor Morgan Brennan.

Fortt Knox is a weekly podcast from CNBC anchor Jon Fortt. Previous episodes of the program can be found here.

Products You May Like

Articles You May Like

Why Some Older Adults Are Rethinking Whether To Downsize
A Perfect Storm For New York City Real Estate Buyers? Get Ready!
Student loan forgiveness could help narrow the racial wealth gap, say advocates. Here’s how
Powell vows that the Fed is ‘acutely focused’ on bringing down inflation
WWE boss Vince McMahon steps away from CEO role, will address misconduct probe on ‘Smackdown’