What Microsoft's New $22 Billion Government Contract Means for Its Stock
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?
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Source Fool.com
