darpa - Computer Definition
The central research and development organization of the United States Department of Defense (DoD). DARPA manages and directs selected basis and applied science projects and pursues research and technology considered high in risk and payoff and that hold the potential for dramatic advances for traditional military roles and missions. DARPA was formed in 1958 in response to the Soviet launching of the Sputnik satellite. See also DARPANET.
(Defense Advanced Research Projects Agency) The U.S. military agency responsible for technology projects. Founded as the Advanced Research Projects Agency (ARPA) in 1958, it was renamed DARPA in 1972, then back to ARPA in 1993 and once again back to DARPA in 1996. DARPA is a small agency that assumes the role of "technological engine" for the Department of Defense and is involved in evaluating future systems. Over the years, DARPA has made major contributions to information technology. See ARPAnet.
darpa - Investment & Finance Definition
Defense Advanced Research Projects Agency, a research agency of the Pentagon. DARPA looks for existing or developing products that have military applications for the United States. DARPA was a major force behind the formation of the Internet.