What they're alleging is that political staffers interfered with the project to help the governor's election chances.
As much as I believe Oracle is the spawn of Satan, if the governor's aides and staffers did that Oracle would have a reasonable complaint. When you sign a system development contract you agree to deliver a system and the client agrees to pay you. If you someone induces your client not to accept a system that meets the criteria, that's what lawyers call a "tort". It's something you can justifiably sue over.
Likewise there are many ways political operatives could potentially sabotage a project, and that'd be actionable too. Any non-trivial development project is dependent upon the client acting in good faith. They have to act as if they want the system. It's extremely easy for a client to cause a project to fail, by raising an endless stream of trivial complaints or by dragging its feet in its responsibilities like acceptance testing or giving feedback. It'd be all to easy for well-placed political operatives to undermine the bureaucracy's willingness to cooperate.
That said, in *this* particular instance the suit sounds like business as usual for Oracle, in other words acting like bastards.