Science Applications gets $1.3 billion contract to provide cloud services

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Science Applications gets $1.3 billion contract to provide cloud services
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Shares of Science Applications International Corp. rose after hours on Thursday after the tech-focused government contractor said it won a seven-year, $1.3...

Shares of Science Applications International Corp.

rose after hours on Thursday after the tech-focused government contractor said it won a seven-year, $1.3 billion contract to provide cloud services to the U.S. Treasury Department. The cloud platform being provided, called T-Cloud, will cover an array of professional services and technical and security support, the company said, and will allow for a “flexible and cost-effective approach to utilizing and consuming data in the cloud.

rose after hours on Thursday after the tech-focused government contractor said it won a seven-year, $1.3 billion contract to provide cloud services to the U.S. Treasury Department. The cloud platform being provided, called T-Cloud, will cover an array of professional services and technical and security support, the company said, and will allow for a “flexible and cost-effective approach to utilizing and consuming data in the cloud.

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