March 28, 2024

DC a Magnet for “1-Percenters”

money stack

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The Washington, DC area has become a magnet for wealthy technical entre­pre­neur­s, the “1-percenter” households that make in excess of $400,000 a year, reports the Washington Post. These individuals are often providers, and innovators, of information technology such as cyber-security, cloud computing and data mining for both commercial and federal customers.

Amazon CEO Jeff Bezos revealed plans to deliver packages to your front door 30 minutes after completing an order via “Octocopter” drones, reports CBS News. The insect-like aircraft is still in development and requires FAA approval but Mr. Bezos estimates that Amazon “Prime Air” service drones could be buzzing your home in 4-5 years.

Outgoing Deputy Defense Secretary Ashton Carter will be replaced by top Pentagon official Christine Fox, according to The Hill. Ms. Fox will become the Pentagon’s No. 2 leader on Thursday, but will serve in an acting capacity until the Obama administration selects a nominee to take the position permanently.

Vice President Joe Biden urged China and Japan to use diplomatic means to resolve the ongoing dispute over airspace and island ownership in the East China Sea, reports the New York Times. Mr. Biden’s statement on Tuesday carefully showed support for US ally, Japan, by expressing strong concern regarding China’s recent actions.

The Office of Naval Research (ONR) demonstrates a training system this week that integrates virtual gaming technology with various combat scenarios to train sailors. The FIST2FAC training simulation is labelled “the future of training for the Navy” by Dr. Terry Allard, head of ONR’s Warfighter Performance Department.

The wreckage of a huge World War II-era Japanese submarine was discovered last summer by the Hawaii Undersea Research Laboratory, CNN reports. The almost 400 foot I-400 sub was scuttled by the US Navy in 1946 to prevent the USSR from gaining advanced Japanese technology which would have enabled the sub to travel the globe without refueling.

A second Mobile User Objective System (MUOS) satellite, ground stations and associated operations have been transferred to the US Navy by Lockheed Martin following on-orbit testing, according to The Wall Street Journal. The system improves communication security and delivers simultaneous voice, video and data to mobile users.

A “dry” submersible vessel will be provided by Lockheed Martin for evaluation by US Special Operations Command, according to SEAPOWER magazine.  The leased MSub S301i would transport Navy SEALs and may replace the existing “wet” Swimmer Delivery Vehicle carried by submarines.

 

 

 

 

 

 

 

 

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