Privately held defense stock Anduril Industries is shaking up the defense industry. Palmer Luckey, co-founder of the company, ...

The initial budget for IVAS was set at $21.9 billion. Anduril will now assume control of the contract. While Microsoft is being removed as the prime contractor, it is not being kicked off the project.

Feb 11 (Reuters) - Palmer Luckey-founded defense tech startup Anduril will take over the development and production of Microsoft's (MSFT.O), opens new tab mixed-reality headset program for the U.S ...

(Bloomberg) -- Anduril Industries Inc., a maker of drones and software to control them, will assume management and eventual manufacturing of the US Army’s new infantry goggles from Microsoft ...

Anduril recently passed $1 billion in annual revenue, and a new Army contract could triple its annual revenue. Microsoft currently holds the $22 billion IVAS contract, but is preparing to hand it ...

Anduril Industries, Palmer Luckey's defense-tech startup, will take over Microsoft's multibillion-dollar augmented reality headset program with the U.S. Army, the companies said. The partnership ...

In a shocking development, Anduril announced earlier this month that it is partnering with Microsoft (NASDAQ: MSFT) to develop an Integrated Visual Augmentation System (IVAS) for the U.S. Army.

Anduril Industries, Palmer Luckey's defense-tech startup, will take over Microsoft's multibillion-dollar augmented reality headset program with the U.S. Army, the companies announced Tuesday.