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6/17, 3:25 PM (Source: TeleTrader)
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Verizon wins $495 million DoD network contract

The United States Department of Defense (DoD) awarded on Thursday a $495 million contract to Verizon Communications Inc.'s Public Sector arm. Verizon will provide network services "in support of critical research" connecting 200 different locations in the US, according to the company's statement.

"With guaranteed throughput and latency at speeds of up to 100Gbps and even 400Gbps, multidisciplinary teams can be brought together in near real-time to develop and test big data analyses, artificial intelligence, machine learning and simulations, helping to tackle complex problems from climate change and pandemic response to next-generation autonomous defense systems," Verizon stated.

Breaking the News / DJ