A rumor circulated before Christmas that the President was considering an executive order to cap the CEO salaries and stock buybacks of defense industrial base companies.

Owen West, who comes from a finance background, is now leading the Defense Innovation Unit (DIU).

The Department of Defense is changing its personnel policy to extend the lifecycle of Program Managers from two years to six years to improve continuity and success of long-term projects.

The Department of Defense has accepted the need to take on more risk to foster innovation and acceleration, with a preference for an 80% solution that can be deployed quickly.

Large prime defense contractors often rely on the Department of Defense to fund their research and development, unlike startups which use private investment.

The Department of Defense has invested $1 billion into L3 Harris using DPA Title III funds.

The single biggest structural impediment to innovation within the Department of Defense is the Risk Management Framework (RMF).

Deputy Secretary of Defense Steve Feinberg is running the Department of Defense with the mindset of a venture capital firm, focusing on profitability and financial metrics like EBITDA.

A real-world program called D-CHARMS cost $423 million to develop, with Oracle receiving only $12 million while the systems integrator captured the majority of the funds.