Amazon Web Services Secures Navy Contract For Over $700M

The United States Navy awarded Amazon.com Inc's AMZN cloud computing division a five-year enterprise software license contract worth $723.9 million.
The deal will provide the Navy access to Amazon Web Services (AWS) commercial cloud environment, Professional Services, and its training and certification courses.
The Pentagon said work will be performed for five years, from December 2022 through 2028.
Funds will be obligated as task orders are issued using a variety of funding types, including operation and maintenance (Navy) funds; other procurement (Navy) funds, and working capital (Navy) funds.
Earlier this month, the Pentagon split a six-year $9 billion contract for cloud computing services among Alphabet Inc's Google, Oracle Corp, Amazon, and Microsoft Corp.
Price Action: AMZN shares are down 0.15% at $84.79 during the premarket session on the last check Tuesday.
Photo by Tony Webster via Flickr