
The chief of the Defense Department’s newly formed Defense Innovation Board (DIB) expects to return under President-elect Donald Trump.“We have every reason to believe it will continue,” Alphabet [GOOGL] Executive Chairman Eric Schmidt told reporters Monday at the Pentagon. “We’re assuming it’s business as usual.”Schmidt said the panel serves at the pleasure of the defense secretary and though he has had contact with Trump’s transition team, he has not discussed DIB with the team. Schmidt said he and his fellow…