Immersive Wisdom wins I Corps work under Army's $99M software contract

Immersive Wisdom says its separate NGC2 contract supports software delivery to I Corps. The five-year Army IDIQ, awarded September 29th, has a $99 million ceiling, not a guaranteed spend.

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Primary source: PR Newswire

Why it matters

The Army has created a five-year route to buy Immersive Wisdom's software, and the company says a separate contract under that vehicle supports NGC2 work for I Corps. Founder Michael Appelbaum now has a specific Army program attached to the platform, but the $99 million ceiling is potential business, not guaranteed revenue. Orders and disclosed performance will show how much the Army adopts it.

Immersive Wisdom wins a $99 million Army contract ceiling for its collaboration software — The five-year buying vehicle was awarded on September 29th; the $99 million is a maximum, with future spending dependent on orders.

Immersive Wisdom, the Boca Raton defense software company founded by Michael Appelbaum, has won a five-year U.S. Army contract vehicle with a $99 million maximum value. The Army awarded the single-company indefinite-delivery, indefinite-quantity (IDIQ) contract on September 29th, according to the procurement record.…

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