» » Military And Intelligence News Briefs -- March 31, 2021

Military And Intelligence News Briefs -- March 31, 2021

Soldiers wearing the Integrated Visual Augmentation System while mounted in a Stryker vehicle in Joint Base Lewis-McCord, Washignton, February 2021 © US Army / Courtney Bacon 


 * Microsoft will deliver to the U.S. Army more than 120,000 devices based on its HoloLens augmented reality headset. 
 * The deal, which could be worth as much as $21.88 billion over 10 years, follows a contract Microsoft received to build prototype headsets for the Army.
 * The contract comes a year and a half after Microsoft won a cloud contract from the Pentagon that could be worth up to $10 billion. 

The U.S. Army said Wednesday that Microsoft has won a contract to build more than custom HoloLens augmented reality headsets. 

The contract for over 120,000 headsets could be worth up to $21.88 billion over 10 years, a Microsoft spokesperson told CNBC. 

Microsoft shares moved higher after the announcement. The stock was up 1.7% to $235.77 per share at the end of Wednesday’s trading session. 

The deal shows Microsoft can generate meaningful revenue from a futuristic product resulting from years of research, beyond core areas such as operating systems and productivity software. 

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 Military And Intelligence News Briefs -- March 31, 2021 

































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