Federal Newscast

Defense Dept working with industry to overhaul acquisition process


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The Defense Department is bringing in industry experts to help overhaul its acquisition process. Defense Secretary Pete Hegseth said the new Business Operators for National Defense program, or BOND, has already engaged over 100 industry experts, including dozens of former CEOs, COOs and CIOs already advising senior Pentagon officials. “BOND embeds elite private sector patriots, leaders with decades of experience at world class companies such as Apple, Ford, Microsoft and Tesla, directly into our acquisition process," Hegseth said. "Think of the best of the best leaders of our best private sector companies coming and joining the War Department.”

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