China’s Sichuan Yahua Industrial Group signs 5 year battery grade lithium supply deal with Tesla

In a statement China’s Sichuan Yahua Industrial Group Co Ltd stated, it has signed a deal to supply battery-grade lithium hydroxide to Tesla Inc for the next five years. According to a filing in the Shenzhen Stock Exchange, Yahua has placed the total value of the contract, signed by its wholly-owned subsidiary Yaan Lithium, at…

SpaceX bags SDA contract to track ICBM launches

In a defining moment for SpaceX, Elon Musk’s space venture has won a $149 million contract to build missile-tracking satellites for the Pentagon, said the U.S. Space Development Agency (SDA) in a statement on Monday. The development marks SpaceX’s first government contract to build satellites. Known for its reusable rockets and astronaut capsules, SpaceX is…

Samsung Electronics bags $6.6 Billion Verizon 5G network equipment contract

In a significant development, Samsung Electronics has won a $6.64 billion order to provide wireless communication solutions to Verizon in the United States. The development marks the bagging of a major order by the South Korean company in the burgeoning 5G telecommunications market. The company’s global prospects have risen significantly following U.S. sanctions on Huawei,…

Nokia’s wins multi-year contract from Bharti Airtel, lays foundation for 5G connectivity

On Tuesday, Nokia stated it has won a multi-year contract with Bharti Airtel, India’s third-largest telecom, to provide equipment and services. Nokia’s deal will essentially lay the foundation for providing 5G connectivity in the future for India, will see Nokia install and deploy nearly 300,000 radio network units across 9 circles in India. “This is…

Pentagon to reconsider certain aspects of $10 billion JEDI Contract: court filings

According to court filings by the U.S. Department of Defense (DoD) on Thursday, the DoD is asking permission from the court to reconsider certain aspects of its decision to award a $10 billion cloud computing contract to Microsoft Corp. Last month, a U.S. judge had granted Amazon.com Inc’s request to temporarily halt the DoD from…

Pentagon’s $10B cloud computing JEDI contract with Microsoft paused over Amazon’s lawsuit

A U.S. judge has allowed Amazon.com Inc’s motion to temporarily halt the U.S. Department of Defense and Microsoft Corp’s $10 billion cloud computing deal which Amazon said was reflective of President Donald Trump’s undue influence. In November 2019, Amazon, which had been seen as a front-runner to win the cloud computing contract, had filed a…

Microsoft wins $10 billion cloud computing contract from the Pentagon

Microsoft beat Amazon Web Services in securing the contract. Microsoft Corp has beaten Amazon.com Inc in winning a $10 billion cloud computing contract from the Pentagon, said the Defense Department in a statement. The contracting process, mired in allegations of conflict of interest even drew the attention of President Donald Trump, who has publicly taken…

CSRA LLC and its partners win cloud computing contract from U.S. Defense Department

The contract is aimed at replacing the Defense Department’s IT office applications as well as provide tools for day-to-day office administration including email, word processing, collaboration, storage and file sharing. The U.S. Department of Defense along with the U.S. General Services Administration stated, they have awarded a contract worth $7.6 billion to General Dynamics Corp’s…