Microsoft has won a $21.9 billion contract to make U.S. Army AR headsets, positive for related stocks like WIMI.
Tailor Insight, the fintech market research organization, recently released a research report “Microsoft has won a $21.9 billion contract to make U.S. Army AR headsets positive for related stocks like WIMI.” Recently, Microsoft won a contract for more than 120,000 custom HoloLens AR helmets for the U.S. Military. A Microsoft spokesman said the contract could be worth as much as $21.9 billion over a 10-year period. Microsoft’s shares rose soon after the news was announced. Intevac, a supplier to Microsoft, pulled sharply higher and briefly hit a circuit breaker. Microsoft closed 1.69 percent higher at $235.77. Intevac rose 31.68 percent to $7.15.