Here Is Why Hewlett-Packard Survived a Challenge to Its Naval Contract
Hewlett-Packard Co. (NYSE:HPQ) won in its legal boat battle with Harris Corp. (NYSE:HRS) — and the Government Accountability Office awarded Hewlett-Packard with a $3.5 billion contract with the U.S. Navy. According to Bloomberg, the agreement spans a period of five years, and deals with what will run the Navy’s communications network.
“The Navy has selected the right team for the challenges ahead, bringing to sailors and marines new and innovative thinking coupled with more than a decade of experience building and operating the network,” said Marilyn Crouther, the senior vice president and general manager for a unit at Hewlett-Packard. The company has been running the network since 2008, which holds 800,000 users, and thanks to the GAO, will continue to do so.
One Harris spokesperson, Jaime O’Keefe, refused to comment on the matter in an email correspondence with Bloomberg. A separate company, Computer Science Corp. (NYSE:CSC), had made a protest over the contract that Harris made a complaint on, but it withdrew its bid in the matter in August — giving no reason.