Microsoft wins U.S. Army contract for augmented reality headsets, worth up to $21.9 billion over 10 years (by Jordan Novet)

Posted on April 1, 2021 in Uncategorized,

https://www.cnbc.com/2021/03/31/microsoft-wins-contract-to-make-modified-hololens-for-us-army.html

KEY POINTS

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 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.

Microsoft wins U.S. Army contract for augmented reality headsets, worth up to $21.9 billion over 10 years (by Jordan Novet)

Share This Article

News Categories