HP Retains $543 Million Wireless Contract After IBM Protest

Hewlett-Packard Co. retained a $543 million federal contract to provide wireless tracking of medical devices following International Business Machines Corp.’s protest.

IBM had challenged a June decision to give the five-year Department of Veterans Affairs contract to HP. The U.S. Government Accountability Office, which arbitrates contract disputes, agreed with IBM’s argument that the VA didn’t properly evaluate proposals from vendors seeking the contract. In October, it directed the agency to reconsider the award.