IBM and Oracle are reportedly out of the running for $10 billion government cloud contract.
IBM and Oracle have been ruled out for a U.S. Defense Department contract for cloud computing services that could be worth as much as $10 billion over the course of a decade.
AWS and Microsoft are the only companies that meet the minimum requirements for the contract, Defense Department spokesperson Elissa Smith told CNBC in an email on Thursday. The New York Times first reported the decision on Wednesday. "The scope and complexity of DOD's mission requires multiple clouds from multiple vendors. JEDI is one element of DOD's overall multi-cloud strategy and part of larger efforts to modernize information technology across the DOD enterprise," Smith wrote.
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