Intevac, Inc (IVAC)

[TEEROY]

Microsoft award from Army could be positive catalyst for Intevac, says Northland 08:44 IVAC, MSFT After Microsoft (MSFT) announced it was awarded a production contract to supply the U.S. Army with 120,000 solder-mounted digital night vision system over the next 10 years in a pact that could be worth $22B, Northland analyst Gus Richard noted that Intevac (IVAC) is one of two image sensor suppliers for the Army's IVAS program. The analyst, who estimates Intevac's content per unit is $1,000 and expects they will get 50% of the business, reiterates his Outperform rating and $11 price target on Intevac shares.

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