Good morning. I spoke with Booz Allen Hamilton CEO Horacio Rozanski before I was in the United States on Friday Bombing three nuclear sites in Iran. Rozanski was personally approved by Iran in 2017 as part of retaliation against U.S. sanctions. “It’s because they understand the role we play in these critical missions,” he said. “For a while, my kids weren’t allowed to take the school bus.”
His security consulting firm caught 98% of $12 billion in revenue from U.S. government contracts last year, leaving Booz Allen vulnerable to cuts, which scared investors and forced him to lay off 7% of his employees. But Rozanski told me he was optimistic because Doge had moved into his welcome “agent efficiency discussion.” And, national security funding “will likely increase if the settlement bill passes.” Here are four gains from our conversation.
Defensively, the United States cannot afford second place. “If China can have a lot of latency in space and the incubation period is reduced, they can essentially embed AI into cheaper, much simpler systems. You don’t want China to break all our encryption and we can’t break their prices. It’s huge.”
Governments need to be early adopters of technology. “By the time the government enters the cloud, the private sector is already there. These clouds are not built to meet the strict security needs of the government. If the government moves with the private sector and says, we want to adopt this technology. We will be a big customer, we need to be a big customer, when you need it, when you can use automatic, Quants, Inders, Inders, Insporty, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly, Insporly,
It’s great to have the choice to deal with Iran. “Frankly, the investments made by the country in defense technology provide the president with a choice…I would rather live in a world where the United States is leading the way and having a choice, even if the choice doesn’t matter. In most countries, doing nothing is their only choice.”
The CEO spends his time in Washington should be talking and listening. “The most important thing is participation. I will talk to anyone who will talk to me. I learned everything from every conversation. Sometimes I learn more from their questions than from the answers. But it is also an opportunity to ask questions. Therefore, I think consistent, continuous participation, very extensive participation. Today, who is different and who tomorrow is, the political process will determine that, so you can’t focus on narrow focus. ”
More news below.
Contact CEO every day through Diane Brady diane.brady@fortune.com
Top news
Trump’s “Regovernment Change” Floating in Iran
Defence Secretary Pete Hegseth for a few hours explain President Trump, U.S. bombing of Iran’s nuclear facilities “is not about regime change” Posted on social media“Using the term “government change” is not politically correct, but if the current Iranian regime cannot make Iran excellent again, why is there no regime change?
Iran responds to war threats
Overnight, Israel continued to bomb Iran’s military facilities. Iran responded by firing only one missile at Israel, which was shot down by the U.S. air defense system. A spokesman for the Iranian Republican Guard said the United States will pass “strong and targeted action… Trump, gamblers! You may start this war – but we will be the ones who complete it!” BBC updates in real time here.
Cool head…
Ian Bremer of Eurasia Group think Trump is likely to declare some kind of victory now, but is away from the kind of long-term, procrastinating war his Maga Base strongly opposed.
But has Iran’s nuclear energy actually been destroyed?
trump card Posted On social media, “as satellite images show, it has caused great damage to all nuclear sites in Iran. Elimination is an accurate term!” Satellite photo display Parts of Iran’s nuclear site have not been damaged, and No one knows Iran stores 408 kg of concentrated uranium. This work may not be done.
Oil shock – or maybe not
Iran has the ability to close the bottleneck transport channel of the Persian Gulf 20% of the world move. Iranian Parliament Approved move. CNBC Think it’s OK Oil prices are as high as $100 per barrel. But oil futures contracts have not yet existed – a sign that investors believe Iran’s response may be more limited. After all, Iran needs oil revenue.
Russia heads to recession
After years of expected economic conflict, Russian authorities warned that the country is in danger of recession as swelling Kremlin military spending has exacerbated labor shortages and rising inflation rates as the ongoing invasion of Ukraine has exacerbated. wealthLily Mae Lazarus Report.
and scale AI in RMB transaction with Alexandr Wang
Earlier this month, Yuan Announce It is hiring 28-year-old AI co-founder Alexandr Wang to lead its AI operations for an AI operation in a $14.3 billion acquisition deal. wealth Talk to more than a dozen people close to the character to follow him into the Washington-turned “Ai Whisperer.”
Volkswagen Group’s independent tone
Volkswagen Group is Calm down Next year, enter the autonomous ride wave with a unique approach, and make up with existing transport providers instead of replacing them. wealth Discuss the plan with Volkswagen Group executive Sascha Meyer.
market
- S&P 500 Index YTD rose 1.47% on Friday, closing at 5,967.84. this morning, Standard & Poor’s Futures At a brief surge of more than $79 a barrel, then dropped above $76, this is a 0.25% increase, suggesting investors believe the “oil shock” in Iran’s bombing may be less dramatic than fear. this vix Likewise, the volatility index fell 6% this morning. Bitcoin After falling to a low price of around $98,000, it returned to $101k. China and Hongkong Extensive this morning. this Stoxx Europe 600 and FTSE 100 in the UK All are flat in early trading. Japan, South Korea, and India Everyone saw the decline.
From the analyst
- UBS on “Deck President”: Investors should be cautious about knee overreaction. The main focus of investors is oil supply and non-oil transport. While there are accidental threats to close the strait of Hormuz, Iran does need oil revenue, does need oil revenue, and does not need the danger of transporting terrorists to trade. However, our shipping range is larger. Before the attack, the recent attack by the U.S. president may have been tactical, but (his) proposals to oppose U.S. official policy will lead to questions of uncertainty, which will increase trust related to trade negotiations. Cancel,” Paul Donovan.
- Goldman Sachs’ oil price: Risks of rising energy prices rise as conflict escalates in Iran – Brent oil prices rose by $2 yesterday to less than $80/bbl, as market prices have a higher likelihood of supply disruption, with an estimated geopolitical risk premium of $12. The bull market forecasts are likely to undermine our style in 20225, and Iran’s forecasts are likely to undermine our two types. 1) Reduce only Iran’s supply ($80 Brent), 2) More extensive regions of oil production or transportation (Brent $110),” Sahar Islam and Ayushi Mishra.
- Wedbush involves nuclear threats: “A weakened Iran with no nuclear capacity removes the biggest threat to the Middle East and Israel which will be viewed as a positive for the market and tech stocks in particular as investors digest this news. We also note that with Saudi and UAE looking to aggressively embrace the AI Revolution coming off Trump’s last trip to the region along with many Big Tech CEOs, the biggest threat to the region and the potential ‘black swan event’ was Iran and its nuclear program…and now that threat is gone. The market will see this Iran threat as being gone, which is positive for growth in the wider Middle East and technology sectors, which will take some time to resolve the conflict, but the market will see the worst in the mirror behind which investors can expect.”
Around the water cooler
Top economists who previously issued an alert on tariffs think Trump is “beyond all of us” Jason Horse
Players with wealthy businesses are clashing with magazine purists, who should be deported Irina Ivanova
Bitcoin fell below $100,000 after U.S. strikes on Iran’s nuclear website By Ben Weiss
Exclusive: From Valentine’s Day Strawberries to College Printers, these are the most purchased items in the United States on Amazon Prime Eleanor Pringle
CEO Daily is edited and edited by Joey Abrams and Jim Edwards.
