Pentagon Seeks $500 Million for Cyber Research, Cloud Computing

The U.S. Defense Department is planning to spend $500 million to research new cyber security technologies including cloud computing and encrypted data processing, Deputy Defense Secretary William Lynn said today.The Pentagon will also provide seed capital for companies to develop dual-use technologies that serve our cyber security needs,” Lynn said in prepared remarks to be delivered at a technology conference in San Francisco.
http://www.bloomberg.com/news/2011-02-15/pentagon-seeks-500-million-for-cyber-research-cloud-computing.html

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