CNN: Microsoft earns contract worth up to $21.9 billion to make AR devices for the US Army

CNN: Microsoft earns contract worth up to $21.9 billion to make AR devices for the US Army. “The Army announced Wednesday that it had awarded Microsoft (MSFT) a contract to produce augmented reality systems based on its HoloLens 2 device called Integrated Visual Augmented Systems (IVAS). The devices are designed to help soldiers, ‘fight, rehearse and train using a single platform,’ the Army said. The deal has a five-year base and a five-year option to extend, and could be worth up to almost $21.9 billion over the full 10 years.”

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