HP snags US Army deal worth $5 billion

Despite a boardroom scandal that seems to deepen every day, Hewlett-Packard Co. has won new contracts this week, including one that could be worth US$5 billion over the next 10 years.

The U.S. Army awarded HP a contract that allows several U.S. agencies to order products including desktop PCs, laptops, printers, scanners and displays from HP. The deal does not include specific volumes of products but HP estimates that it will be worth $5 billion.

The contract could last as long as 10 years if the groups agree on optional extensions. HP expects to begin taking orders Oct. 1.

HP has also signed a seven-year extension on an outsourcing deal with DirecTV Inc. HP will continue providing IT operations and applications testing services that help DirecTV introduce new services, acquire customers and ensure bills are sent accurately and quickly.

HP will also offer local area network management, data center operations, database support and disaster recovery for DirecTV.

The contract extension is valued at about $500 million.

The deals come at a troubled time for HP. The company’s chairman said this month that she will step down for her part in an investigation of internal company leaks that involved obtaining private phone records of HP employees and journalists. Details of the extent of the investigation, and the extent to which HP’s top executives were involved in it, continue to surface.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

Featured Articles

Empowering the hybrid workforce: how technology can build a better employee experience

Across the country, employees from organizations of all sizes expect flexibility...

What’s behind the best customer experience: How to make it real for your business

The best customer experience – the kind that builds businesses and...

Overcoming the obstacles to optimized operations

Network-driven optimization is a top priority for many Canadian business leaders...

Thriving amid Canada’s tech talent shortage

With today’s tight labour market, rising customer demands, fast-evolving cyber threats...

Staying protected and compliant in an evolving IT landscape

Canadian businesses have changed remarkably and quickly over the last few...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now