DETROIT — General Motors Corp. awarded billions of dollars in information technology contracts to Electronic Data Systems Corp., Hewlett Packard Co. and other companies Thursday in what EDS described as the largest commercial contract bidding process in the history of the tech industry.
GM said it planned to spend about $15 billion on information technology over the next five years. About half that amount was awarded Thursday in five-year contracts, for everything from vehicle design systems to manufacturing support to global supply chain management.
GM's 10-year contract with EDS expires in June, so GM began a rebidding process two years ago. GM spun off EDS in 1996, and it has held about two-thirds of GM's business.
Plano, Texas-based EDS said it won 70% of the GM contracts it pursued, worth $3.8 billion over five years. The company had been getting $2 billion a year from GM under its old contract.