Author Bio Lou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. He spends a lot of time these days focused on the industrials and financials. When not arguing on Twitter or writing about the markets, Lou spends his free time out in nature, complaining online about the Baltimore Orioles or Watford FC, or listening to early 1990s alt rock. Follow @louwhiteman Key Points The Pentagon has canceled a $10 billion cloud deal with Microsoft that had been the subject of controversy. Cloud services, and in particular battlefield modernization, remain a priority that should receive significant funding even after the cancellation.