Has Amazon Partnered with the CIA?

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Online retail and cloud storage giant Amazon (NASDAQ:AMZN) has just landed a contract that almost every company dreams of: developing a special product for the Central Intelligence Agency.

Unnamed sources are stating that Amazon has signed on to create a custom cloud system for the CIA, a contract which could be worth as much as $600 million over the next 10 years. FCW is reporting that Amazon Web Services will help the intelligence agency build a private cloud infrastructure, that will help the agency keep up with emerging technologies in a cost-effective manner that was not possible under the CIA’s previous cloud efforts.

The stock market is at 5-year highs! Discover the best stocks to buy in today’s market. CLICK HERE for Your Stock Investor Cheat Sheet NOW!

Amazon declined to comment on the contract, and probably not surprisingly, so did the CIA. ”As a general rule, the CIA does not publicly disclose details of our contracts, the identities of our contractors, the contract values, or the scope of work,” a CIA spokesperson said.

The CIA has recently been dropping leads on ways it can obtain software, uses big-data analytics, and the ways in which it incorporates commercial-sector innovation, according to FCW…

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business