Lawmakers, DoD to explore portfolio-based acquisition
When it comes to acquisition, the Defense Department is mostly focused on individual products as they’re defined in the DoD budget. Lawmakers are now asking the DoD to explore portfolio-based management, which could allow the department to invest and field modern technologies a lot faster. In the Defense Department’s science and technology community, for example, investment lines are organized around portfolios of capabilities, such as electromagnetic warfare, communications, or command and control. The approach gives more flexibility to support a wide variety of development efforts. But on the acquisition side,…
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