July 06, 2023

7/6/23: OMB puts its money where its cyber policy is; a $1B hedge fund for the Pentagon; the Army’s newest platform gets an in-depth review

34 minutes

The Office of Management and Budget’s new cyber investment priorities for fiscal 2025 match the National Cybersecurity Strategy. Those priorities align with the Federal Zero Trust Strategy too. Karen Evans, Partner at KE & T Partners, Managing Director of the Cyber Readiness Institute, and former E-Gov Administrator at OMB, explains what’s in the priorities list for the federal government enterprise, and individual agencies.

The Defense Department could get $1 billion to fund hedge capabilities. The House Appropriations Committee has approved the fund in its version of the fiscal 2024 spending bill. Michael Brown, partner at Shield Capital and former Director of the Defense Innovation Unit, helped develop the fund’s concept while at DIU. He tells you why he believes it’s more important now than ever.

The Army is moving closer to replacing one of its core platforms. Five vendors are developing concept designs for the Optionally Manned Fighting Vehicle to replace the Bradley Fighting Vehicle. Mona Sehgal, Acting Director for Contracting and National Security Acquisitions at the Government Accountability Office, reviews what her team found in an in-depth look at the OMFV planning process.

Photo: Bradley Fighting Vehicle M2A4, photo courtesy of U.S. Army Acquisition Support Center