financetom
Business
financetom
/
Business
/
Hewlett Packard Enterprise Says Defense Information Agency has Awarded it a $931 Million Cloud Contract
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Hewlett Packard Enterprise Says Defense Information Agency has Awarded it a $931 Million Cloud Contract
Nov 25, 2025 7:31 AM

10:06 AM EST, 11/25/2025 (MT Newswires) -- Hewlett Packard Enterprise ( HPE ) said Tuesday it has been awarded a 10 year period-of-performance contract worth $931 million by the US Defense Information Systems Agency, a combat support arm of the Department of Defense, to provide a distributed hybrid multi-cloud system to modernize its data centers.

The project is designed to deliver next generation digital and artificial intelligence services to support global military operations, the company said.

HPE will roll out its GreenLake Private Cloud Enterprise for the contract, it said.

Price: 20.97, Change: -0.12, Percent Change: -0.57

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Some 7-Eleven owners in Japan fed up with strategy, welcome foreign bid
Some 7-Eleven owners in Japan fed up with strategy, welcome foreign bid
Sep 25, 2024
By Maki Shiraki TOKYO (Reuters) - As much as Jun Nagao doesn't like the idea of foreigners scooping up Japanese companies, the former 7-Eleven franchise owner thinks a takeover would bring welcome change to the retail giant where he spent decades. Nagao, who until last year owned a 7-Eleven convenience store in Gunma, north of Tokyo, says years of strategic...
--Jefferies Financial Reports 'Strong' Investment Banking Pipeline Amid Falling Interest Rates, Pent-Up Demand
--Jefferies Financial Reports 'Strong' Investment Banking Pipeline Amid Falling Interest Rates, Pent-Up Demand
Sep 25, 2024
04:39 PM EDT, 09/25/2024 (MT Newswires) -- Price: 61.55, Change: -0.42, Percent Change: -0.68 ...
JLR to pump 500 million pounds to upgrade EV factory
JLR to pump 500 million pounds to upgrade EV factory
Sep 25, 2024
(Reuters) - Jaguar Land Rover (JLR) will invest 500 million pounds ($669.6 million) to support parallel production of electric vehicles at its Halewood facility as part of its electrification strategy, the British luxury carmaker said on Thursday. WHY IT'S IMPORTANT This investment coincides with increasing pressure on carmakers to accelerate electrification, particularly in China, where competition in the EV market...
Factbox-OpenAI key personnel changes
Factbox-OpenAI key personnel changes
Sep 25, 2024
(Reuters) - Microsoft ( MSFT )-backed OpenAI is planning to restructure its core business into a for-profit benefit corporation no longer controlled by its non-profit board, Reuters reported on Wednesday, even as another senior executive departed. The ChatGPT-maker could be worth $150 billion after the restructuring, and CEO Sam Altman will also receive equity for the first time, the report...
Copyright 2023-2025 - www.financetom.com All Rights Reserved