Friday
Jan092009
Obama Onboard for Biometrics Spending
Friday, January 9, 2009 at 11:48AM 
As we reported last month, biometrics spending worldwide is on the rise, and it looks like our new president won't be straying from the trend.According to a recent study, President-elect Barack Obama and his administration team won't skimp when it comes to biometrics spending during their first year in office. The Stanford Group Co. research expects Obama's team to spend up to $1 billion on biometric applications, primarily in defense, intelligence and homeland security sectors. An expected $500-600 million will go to biometrics contracts, many of which were announced Tuesday, and additional intelligence programs may add another $250-350 million in expenditures.
A billion on biometrics? That's no small figure, and we look forward to tracking its development and impact in the years ahead.
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