Overview
- Portfolio Acquisition Executives will replace program executive offices as single accountable leaders with authority to shift funds and cut approval layers, with four-year terms and performance tied to delivery time and outcomes.
- Contracts will default to commercial solutions, require at least two qualified sources for critical content, and use time‑indexed incentives that reward early delivery and penalize delays, with portfolio scorecards tracking results.
- The Defense Security Cooperation Agency will move from the policy side to the acquisition umbrella to accelerate foreign military sales and reduce bottlenecks.
- Hegseth declared the JCIDS requirements process dead and launched a renamed Warfighting Acquisition System, with monthly acceleration reviews, guidance due in 45 days, service plans in 60 days, and an overall two‑year reform target.
- Industry was urged to invest and prioritize speed or risk losing business, while experts warned that faster buying could raise costs, lower performance, and weaken transparency and recipient vetting.