The Pentagon wants its overhauled cadre of executives in charge of major acquisition programs to have enough flexibility and power to take calculated risks and focus on delivering new weapons speedily.

As part of the sweeping reform to the military’s acquisition processes that Defense Secretary Pete Hegseth unveiled Friday, the Pentagon plans to transform program executive officers into “portfolio acquisition executives.” Those executives, who will oversee major weapons system programs, are meant to have more authority to shift course when they feel it is necessary.

“We intend to [give portfolio acquisition executives] greater flexibility when it comes to reallocating resources and trading requirements, in order to … [deliver] a system at speed and on time,” Michael Duffey, the Defense

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