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5/10, 11:58 AM (Source: TeleTrader)
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Pentagon could cancel JEDI deal with Microsoft - report

The United States Department of Defense could cancel the Joint Enterprise Defense Infrastructure (JEDI) deal with Microsoft Corp. amid a lawsuit filed by Amazon.com Inc, the Wall Street Journal reported on Monday. The Pentagon picked Microsoft over Amazon for the contract in 2019, after which Amazon alleged then-President Donald Trump influenced the decision.

Unnamed government contracting experts said the deal is "inappropriate and outmoded" due to its "single-vendor approach." Deputy Defense Secretary Kathleen Hicks said the contract will be reviewed "with regard to the ongoing litigation."

Breaking the News / DJ