DOD PORTFOLIO MANAGEMENT ACCOUNTABILITY ACT INCLUDED IN NDAA
Representatives Joe Wilson (R-SC), Dusty Johnson (R-SD), and Filemon Vela (D-TX) released the following statement on the Department of Defense (DOD) Portfolio Management Accountability Act being included in the House Armed Services Committee markup of the National Defense Authorization Act (NDAA):
“I am grateful to co-lead this important piece of legislation which requires the Department of Defense to use portfolio management best practices to improve weapon system investments. This approach would reduce government waste and inefficiency by significantly reducing duplicative efforts within DoD, saving our taxpayer dollars, and funding other crucial objectives to support our national security,” Congressman Wilson said. “I am also thankful that this legislation was included in the Fiscal Year 2021 NDAA that passed by unanimous consent out of the Armed Services Committee. I commend Representatives Dusty Johnson and Filemon Vela for their leadership on this issue and look forward to President Donald Trump signing this critical provision into law.”
“I’m thrilled that my amendment was added to the House of Representatives’ annual defense bill,” Congressman Johnson said. “This amendment will enable the Department of Defense to refine its weapon systems investments and save the taxpayers money while still accomplishing the mission. I am thankful to Congressman Vela and Congressman Wilson for partnering with me on this important measure.”
“I was proud to champion a bipartisan amendment that asks Department of Defense leadership to coordinate on the tools and workforce necessary to conduct enterprise-level portfolio management, ultimately streamlining our acquisition process and saving taxpayer dollars,” Congressman Vela said.