That’s one big check for Big Blue.
IBM won a federal cloud-computing contract with a maximum value of $1 billion, its largest such agreement with the U.S. government, according to an article on Bloomberg.com.
The Interior Department awarded similar, 10-year pacts to nine other suppliers, including Lockheed Martin Corp. (LMT), which also described the agreement as its largest federal cloud contract.
The deals might reach a combined $10 billion, allowing the agency to speed its efforts to move information to the cloud, a Web-based pool of shared resources such as data storage and software. Other U.S. departments may eventually tap the program.
The agreement shows that “IBM’s ability to help governments transform with new technologies, like cloud, continue to grow,” Michael Rowinski, a spokesman for the Armonk, New York-based company, said in an e-mail yesterday.