Andreas - it was DELL in that deal, not CPQ, so your source is accurate.
Microsoft and DELL are subcontractors in EDS's $9B navy contract win. Wall street hasn't reacted on MSFT and DELL, yet.
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Navy spends $9B for military intranet
WASHINGTON (AP) - The Navy led the military into a
new era of the Information Age on Friday by awarding a
contract potentially worth $9 billion to link hundreds of
separate Navy and Marine Corps computer networks into a
single, seamless system designed to be less vulnerable to
cyberattacks ashore and at sea.
The contract was awarded to Electronic Data Systems of
Plano, Texas.
Navy Secretary Richard Danzig called it the largest such
contract ever awarded by the government.
This marks the first time in the computer age that a branch of
the military has turned over to a private company the
responsibility and risk of operating and maintaining its entire
network of computer systems.
The new information system, known as an intranet, is seen by
the Defense Department - whose thousands of computer
networks are the largest and most far-flung in the world - as
a model for the military as a whole. Achieving greater
integration of its computer systems is one of the Pentagon's
top priorities.
The new system is expected to be fully operational by June
2003.
The contract is for a guaranteed minimum of $4.1 billion
over five years, although Danzig said that probably will be
about $6 billion. The Navy can extend the contract for
another three years for a minimum of $2.8 billion. The
winning bid was announced after the closing of regular
trading on the New York Stock Exchange.
Electronic Data Systems' major subcontractors on the project
are Raytheon, MCI WorldCom, Cisco, WAM!NET, Dell and
Microsoft. |
