US Army awards $480 million contract for Microsoft's Hololens

A bidding war between Microsoft and Magic Leap for a US Army contract to develop AR devices has concluded, with Microsoft emerging as the victor.
The $480 million contract is for the army's Integrated Visual Augmentation System (IVAS) program, which will see the development of prototype Hololens devices that will improve soldiers' "lethality, mobility, and situational awareness."
"There is an operational need for the IVAS capability to regain overmatch against peer and near peer threats, as well as the need for improved training and simulation tools to provide the warfighter with the ability to train and rehearse using the same equipment utilized in actual operations," reads the program's statement of objectives.

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