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Air Force One Deal May Not Be Such a Deal

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By Debbie Gregory.

We previously wrote about the deal for two new Air Force One airplanes that President Trump was trying to negotiate with Boeing CEO Dennis Muilenburg. After talks stalled, the president stepped in to push through a fixed-price deal that would require Boeing to buy the planes at an agreed price. Boeing would then be responsible to absorb any cost overruns.

The list price for one of Boeing’s 747-8s is $351.4 million, but the stock jumbo jets require significant and timely modifications before they will be ready to transport a president.

The president asked for the new planes to be done by 2021, the beginning of what would be a second term, which is three years sooner than the original plan of 2024. The two 747s are in California now, and although Boeing will be done upgrading the planes by then, but the Air Force testing requirements could take an additional three years.

And upon closer investigation, it now looks like that “informal” $3.9 billion deal for the two planes may not be such a deal.

It appears that a “fixed-price contract” is not the same thing as a “firm, fixed-price” contract. And that could be a problem.

Boeing officials have always been and remain adamantly opposed to a firm, fixed-price deal. Given that Boeing has had to absorb more than $2 billion in cost overruns while developing the Air Force’s new refueling tanker, it is no wonder that the company is trying to avoid the same situation with refitting the two commercial 747s for presidential use.

The current Air Force One planes began service in 1990 under former President George H.W. Bush and they are reaching near the end of their planned life.

By Debbie Gregory.

The first time a U.S. president flew in an airplane, it was a Boeing airplane. That was in January, 1943, when President Franklin D. Roosevelt flew to Casablanca aboard a Boeing model 314 Clipper.

Boeing airplanes have transported U.S. presidents, from Roosevelt to Trump, around the world. The U.S. Air Force wants to continue the Boeing tradition with the 747-8, which will replace the two 747-200s that serve as the presidential Air Force One fleet. That is, if they can negotiate a deal with Boeing.

President Trump and Boeing CEO Dennis Muilenburg are working together to try to re-kick-start the stalled multibillion-dollar deal for two new Air Force One airplanes which will fly future presidents for decades to come.

The two planes were initially built for a Russian airline that has since gone bankrupt. Air Force leaders and Boeing have been negotiating the terms of the modifications since last summer, but keep getting stuck at the type of contract that will be signed.

The Air Force wants to sign a fixed-price deal that would require Boeing to buy the planes at an agreed price. Boeing would then be responsible to absorb any cost overruns.

The project made headlines when before taking office, then president-elect Trump attacked Boeing for the $4 billion price tag, calling the costs “out of control” and demanded the order be canceled.  But Trump changed his tune last year after visiting a Boeing 787 Dreamliner factory in South Carolina. His parting words were: “God bless Boeing.”

As one of the largest defense contractors in the world, Boeing does a lot of business with the U.S. government.

The newer airplanes are larger than the current 747-200 airliners that were put into presidential service in the early 1990s.

The new planes will need to be modified with conference rooms, a presidential office, and secure military communications

Army Looking to Develop New Night Vision Goggles

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By Debbie Gregory.

In today’s battlefield environment, it is critical for soldiers to be able to quickly locate and identify targets, especially during nighttime operations or when visibility is poor.

Currently soldiers use two different devices – basic night-vision PVS-14, and Enhanced Night Vision Goggle (ENVG.)  Both are single-tube, monocular style NVGs.

The Army began fielding the first generation of the ENVG in 2009 and has since fielded about 20,000 of the slightly improved ENVG II. The new ENVG III weighs about two pounds and features a wireless video interface between the weapon sight and goggle, so imagery from the weapon sight can be transmitted to the goggle and viewed via the goggle display in real time.

Now the U.S. Army is looking to develop new, double-tubed night vision goggles.

Maj. Gen. Paul Chamberlain, Director of the Army Budget office said that the double-tubed goggles will mean enhanced performance for soldiers.

“Primarily what it does is it provides additional granularity; it allows for quicker, easier movement when it’s being worn,” Chamberlain said. “It is just going to provide that ability to really speed up soldier movements and actions and it does help with depth perception.”

It’s still early days in the development process.

Currently, Infra-Red and thermal, or a combination of both can be used at the same time for night moves or anytime visibility is reduced.

The funds for the project will come out of the Army’s Army’s $10.2 billion Research, Development, Technology and Engineering account.

The first military night vision devices were introduced by the German Army as early as 1939, and were used in World War II.

Military Creates Entrepreneurial Mind Set

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By Debbie Gregory.

Whether at the helm of a two-person company or a bigger player, strong leadership skills can mean the difference between a successful business and a failing one. Leadership is almost 100% about managing people.

Having great ideas and a strategic vision won’t get you far if your employees aren’t willing to follow you. And too many entrepreneurs take leadership skills for granted.

This is usually not a problem for veterans in an entrepreneurial role. But just what is it about the military that has created individuals with such a strong sense of leadership? What values do veterans leave their military service with that that makes operationalizing a team so easy?

A business’s success really boils down to the way the team works together. Here are some pointers that will serve all businesses well:

  • You’re one team, despite your position. Lead by example. And never be afraid to ask for advice.
  • Listen throughout the chain of command. Communication is key! Share successes and failures. Information clearly transmitted gives them context and a sense of belonging to the company.
  • Embrace diversity. Hire and retain the best of the best. Often times, these employees will be your fellow veterans.
  • Have a strategic vision. Plan where you want your business to be in five years and how you are going to take it there.
  • Don’t be afraid to delegate. Leaders can be found at all levels in an organization. Giving your employees more responsibility will help you to identify which ones have what it takes, allowing you the opportunity to help them develop their leadership skills.

Successful CEOs must build a team that are prepared to pitch in and move out of their comfort zones. This is something fundamental in the military, where the teamwork ethic is so strong that they never leave a man behind.

Industries for Veteran Entrepreneur Start-Ups

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By Debbie Gregory.

Thinking about the years ahead can help you plan your goals and strategies better and if you do it right, you can beat your entrepreneur competitors to the finish line by doing something before they do.

Here are the industries to watch in 2018:

Classroom education

Tools geared toward educators are helping to transform the educational process. Schoology creates a platform for teachers, parents, and students to review work and communicate with one another. Newsela, an Instructional Content Platform that supercharges reading engagement and learning in every subject, uses artificial intelligence to transform news articles into age-appropriate reading comprehension materials. Examity, a startup that helps administer online tests while preventing cheating, has partnerships with more than 100 universities.

Health screening

Artificial intelligence might soon be able to diagnose patients better than your physician. Freenome is working on technology that would be able to detect cancer in the body, including its location and type, using only blood samples. Grail also has an early-stage cancer detection system.

Insurance

Oscar offers health insurance policies via a user-friendly app-based interface. Lemonade targets the under and un-insured market of renters.

Law

In the legal arena, CaseText has developed software that can read a brief and suggest relevant past cases in a matter of seconds. LawGeex, offer platforms that can examine written contracts for missing information, troublesome language, or other potential red flags.

Weddings

The wedding industry is in a state flux, and engaged couple are by and large ditching the wedding planner and directly contracting their caterers, bartenders, DJs, and other vendors themselves. Companies like the Knot’s offer an app that includes contact information and access to some 300,000 vendors. Joy, a free wedding website and app, allows users to build a website, create and manage their guest list, send paperless “Save the Dates” and invitations, share details about the event, and more.

IBM