Showing posts with label military and intellgience news briefs. Show all posts
Showing posts with label military and intellgience news briefs. Show all posts

Wednesday, 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. 


 Military And Intelligence News Briefs -- March 31, 2021