DOD’s need for battlefield awareness and network-centric warfare has driven a boom over the last decade among contractors that have the ability to join up disparate military computers, communications networks, and sensors. But according to the interim director of the Pentagon’s Office of Force Transformation, costs are getting out of hand and need to be drawn down. “We can no longer live with programs that take decades to develop,” Terry Pudas told a meeting of aerospace and defense industry executives at a Coronado, Calif., conference. He added, or ones that simply are known as being “lucrative.”
The emerging ability to bet on future events using online prediction platforms puts a new twist on classified information: Now there are ways to profit from that insider information.