The US Department of Defense (DoD)
The US Department of Defense (DoD) in recent years has greatly advanced the capabilities of unmanned vehicles. These are air, ground, surface or underwater vehicles equipped with various technologies including sensors, communications, navigation, and computer vision and are capable of performing missions autonomously without human intervention. The technologies that enabled these unmanned systems are also appearing in the commercial world. One area is the driverless car. Like the unmanned military systems, these driverless cars can transport passengers without human inputs.
Future Vehicles Corporation (FVC) is a traditional defense contractor providing unmanned vehicles to the military, with revenue of $1.2 billion employing 50,000 people. However, the company is seeing decline in revenue due to the reduction in defense budget as well as stiff competition from domestic and international competitors. As a result, the company wants to venture into the commercial world of driverless car. (1-2 pages total)
a. The CEO wants you to make a list of pros and cons to entering the commercial market.
b. Conduct a SWOT analysis to help the CEO make a decision.
c. What other information might the CEO need in order to make a good decision?