Amazon.com (NASDAQ: AMZN ) may have landed a big win for itself, as unconfirmed reports coming from federal IT blog FCW are announcing that the CIA has agreed to a cloud computing agreement with Amazon, worth up to $600 million over the next 10 years. In the following video, Motley Fool consumer-goods analyst Blake Bos tells investors what this contract means in the broader perspective of Amazon's entire sales portfolio, what it means for Amazon in the cloud computing space as a whole, and who the competitors are here that could be a threat.
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