Amazon and Microsoft will go head-to-head for Pentagon's $10 billion cloud-computing contract

For more than a year, some of the biggest tech companies in the U.S. have been competing for a $10 billion dollar cloud-computing contract with the U.S. Defense Department.

On Wednesday, the Pentagon announced who the two finalists for this extremely lucrative deal are: Amazon and Microsoft.

Tech giants have been seeking out the U.S. government contract for joint enterprise defense infrastructure, or JEDI, since it was first announced in 2017. It is considered to be “one of the largest federal information technology contracts in history” according to the New York Times.