SAIC Bags $1.3B Contract To Lead US Department Of Treasury Adoption Of Enhanced Cloud Services
Portfolio Pulse from Benzinga Newsdesk
SAIC has secured a $1.3 billion contract to lead the US Department of Treasury's adoption of enhanced cloud services through the T-Cloud contract, which aims to centralize management of systems infrastructure, platform, and software-as-a-service.
June 22, 2023 | 8:06 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
SAIC has been awarded a $1.3 billion T-Cloud contract to lead the US Department of Treasury's adoption of enhanced cloud services, potentially boosting its revenues.
SAIC's $1.3 billion T-Cloud contract with the US Department of Treasury will directly contribute to the company's revenues. As the contract is significant in size, it is expected to have a positive impact on SAIC's financial performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100