Microsoft is rapidly approaching the date when it shows its army partners that its jointly produced IVAS system and hardware are worth $1.3 billion in additional spending and will eventually earn $21.9 billion over the next decade. In the past few months, Microsoft has encountered some obstacles on the way to the test date of May 23, 2022.
It is reported that its potential $21.9 billion contract may have been overestimated. In addition, the U.S. Army allocated only a small amount of funds to the company in the later stage of development.
As reported by ITpro today, of the initial 5000 orders of US $373 million issued in March 2021, US $333 million remains unpaid. Microsoft has received only US $40 million, not to mention the R & D funds invested by Redmond to purchase the initial contract.
On top of the initial 5000 equipment orders, Microsoft is applying for an additional $400 million for fiscal year 2023 to help solve the 6898 display header orders.
Up to now, Microsoft is making a sharp loss. Although the army and testers recently said that realistic headgear showed good development prospects, it was also reported that infantry testers were worried about the speed of the company's feedback processing.
Related to this is hololens The Department is dealing with what is said to be a brain drain because meta (formerly Facebook) poached the Department's top talent for its ar Metaspace game.
Despite the above, U.S. Secretary of the army Christine wormuth expressed considerable satisfaction with Microsoft's cooperation when speaking to the Senate Armed Services Committee on Wednesday local time. She believes that the plan is progressing smoothly.
It is reported that Microsoft will display this set of equipment to the Pentagon from May 23, 2022 to June 17, 2022, so as to release the potential additional contract expenditure of $1.3 billion and obtain confirmation, so as to start the journey of delivering 121500 display headsets to the U.S. Army in the next few years.