Microsoft up over 2% after report on $22 bln headset deal

Intevac

31/03/2021 20:51

(Updates. Adds price action for Intevac)
** Shares of Microsoft Corp  MSFT.O  up 2.2% on Wed after a
report that the tech co won a U.S. army contract for augmented
reality headsets
    ** Intevac  IVAC.O , which makes components used in digital
night vision technology, spiked 29%
    ** The deal to deliver over 120,000 headsets is worth up to
$21.9 bln over 10 years, CNBC reported https://www.cnbc.com/2021/03/31/microsoft-wins-contract-to-make-modified-hololens-for-us-army.html
    ** In a blog post https://bit.ly/39xvJ6d, MSFT said the U.S.
army announced it will work with the co on the production of the
Integrated Visual Augmentation System (IVAS) program

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