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SAIC Books $1.3B Treasury Cloud Adoption Support Contract

Science Applications International Corp. (NYSE: SAIC) will help the Department of the Treasury migrate to a multicloud information technology environment under a $1.3 billion contract.

SAIC said Thursday the single-source award includes professional IT support for the Treasury to centralize the management of cloud services from Amazon Web Services, Google, IBM (NYSE: IBM), Microsoft (Nasdaq: MSFT), Oracle (NYSE: ORCL) and other providers.

Under the T-Cloud contract, SAIC will provide the department a shared service infrastructure model designed to support access, security and contracting functions.

The company will also provide subject matter expert support, business operations, service desk, technical, security, network and transition services to the Treasury.

Bob Genter, president of the defense and civilian sector at SAIC, said the company will work to help the department adopt a data utilization approach in the cloud.

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