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Tuesday, January 4, 2011

NASA Signs $2.5B Contract With HP

NASA has just signed a huge contract with Hewlett-Packard for IT goods and services.

The $2.5 billion, 10-year deal includes computer networks, hardware, software, peripherals and “everything that’s plugged into the wall,” as NASA spokesperson Michael Sweigart told Bloomberg.

HP is taking over many services currently provided by Lockheed Martin.

Hewlett-Packard has had an interesting year, one perhaps most significantly marked by a CEO-shakeup saga. In early August, HP ousted then-CEO Mark Hurd following sexual harassment claims. Shortly after Hurd’s firing, he was hired as Oracle’s new co-president.

Still, while the company’s leadership saw some big changes, it finished the year strongly, reporting decent fourth-quarter revenue growth. We’re sure a hefty contract from NASA will help the company’s financials as well as help direct attention away from CEO issues and toward what looks to be a promising new year.


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