Bank of America’s global crypto and digital asset specialists forecast that the U.S. could advance and introduce a central bank digital currency as early as 2025, BloombergQuint reported Tuesday. CBDCs “are an inevitable evolution of today’s electronic currencies,” BofA strategists Alkesh Shah and Andrew Moss wrote in the report. Both st...
Patrick Clancey, an 18-year biometrics industry veteran, has been named CEO of Idemia‘s subsidiary that offers identity intelligence products and services to the U.S. national security sector. The appointment marks Clancey’s return to the Idemia National Security Solutions business he helped establish in 2017 when he was serving as vice pres...
Executive Mosaic has introduced CipherTrace CEO David Jevans as the newest inductee into the Wash100 in recognition of his leadership in the cryptocurrency and blockchain technology areas. This award marks his entry into the premier class of 100 executives with staying power and influence at the intersection of the public and private sectors. He hel...
The Department of Defense said “integrated deterrence” will be a key component of its National Defense Strategy slated to be released in the coming weeks. In a December 2021 mission brief on the forthcoming NDS, Mara Karlin — assistant secretary for strategies, plans and capabilities and acting deputy undersecretary for polic...
The Potomac Officers Club on Wednesday hosted its 8th Annual Defense Research & Development Summit, where government and industry leaders discussed the projects and ideas that are keeping the U.S. military and Pentagon officials at the forefront of modern strategy as well as technological discoveries that prepare for new threats abroad. After a...
Network Innovations has acquired STS Global, a Stony Brook, New York-based satellite communications company, for an undisclosed sum as part of efforts to accelerate the development and delivery of customized connectivity platforms and communications services to government, enterprise, media and other markets. “This acquisition offers great potenti...
The U.S. Army has indicated its intent to release a request for prototype proposals for the Common Tactical Truck program that would enable the service to replace legacy vehicles and take advantage of driver safety systems, off-road mobility, cybersecurity, machine learning, artificial intelligence and other emerging technologies. The service plans ...
Dr. Stacey Dixon, principal deputy director of national intelligence at the Office of the Director of National Intelligence (ODNI), has received a 2022 Wash100 Award, the third consecutive time that she’s won the most prestigious award in all of government contracting (GovCon). This year, Dr. Dixon has received a 2022 Wash100 Award for her critica...
During the Potomac Officers Club’s 8th Annual Defense Research and Development Summit Wednesday, some of the top defense sector leaders from government and industry joined to share their insights on the Department of Defense’s most pressing R&D priorities, strategies and technology innovations in today’s ever-evolving defense and comb...
Investment firm Francisco Partners has agreed to acquire IBM’s (NYSE: IBM) health care data and analytics assets for an undisclosed sum and expects the transaction to conclude in the second quarter of 2022, pending regulatory approvals and other customary closing conditions. The assets are part of IBM’s Watson Health business and include Health ...
