Thursday , April 22 2021

What Microsoft’s New $22 Billion Government Contract Means for Its Stock – Motley Fool

Last week, the U.S. Army announced that it had finalized a $21.9 billion deal to have Microsoft (NASDAQ:MSFT) provide 120,000 augmented-reality (AR) headsets for its troops over the next 10 years. Investors have responded enthusiastically, bidding Microsoft stock up by more than 7% since the announcement. But what will this deal really mean for Microsoft?  Image source: Getty Images. The deal The contract is worth upwards of $21.9 billion and could...

 

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