$22 billion Microsoft deal with U.S. Army could be in jeopardy unless the tech giant can get the price of its militarized HoloLens to be "substantially less than" $80,000 per unit

IVAS headset based on Microsoft HoloLens.

What you need to know

• The U.S. Army wants Microsoft to reduce the cost of IVAS militarized augmented reality headsets to "be substantially less than" $80,000 per unit, which is the current project cost.
• IVAS has faced several delays and challenges for several years, but Microsoft's deal with the U.S. Army regarding the headsets could be worth almost $22 billion.
• Microsoft discontinued HoloLens 2 recently and the company's mixed reality efforts are largely dead.