Sec. 102. Program executive officer responsibilities

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Subchapter III of chapter 87 of title 10, United States Code, is amended by inserting after section 1731 the following new section: A program executive officer is the senior official responsible for the oversight of the plans, budgets, and execution of the programs assigned to the portfolio of such senior official, including life-cycle management. In carrying out the activities described in subsection (a), the program executive officer shall seek to achieve the following objectives:

Expeditiously provide the Armed Forces with the capabilities needed to operate effectively, address evolving threats, and maintain the military advantage of the United States in the most cost-effective manner practicable. Maximize the effective use of resources by delivering capabilities that offer the best value for the investment made in each capability. Enable the integration of innovative solutions and technologies to enhance military effectiveness and responsiveness to emerging threats.

For the programs assigned to the portfolio of a program executive officer, such program executive officer shall be responsible for the following: Provide expeditious delivery of the capabilities necessary to effectively respond to national security challenges by overseeing the procurement, development, and sustainment of defense acquisition programs assigned to the program executive officer. Ensure the cost-effective allocation of resources by delivering operational capabilities.

Adjust requirements, other than requirements that are established as key performance parameters, to maximize the agility and speed in program execution in accordance with the objectives described in subsection (b). Use iterative development cycles and discontinue or terminate the development of capabilities— that no longer align with approved capability requirements (as defined in section 181 of this title) or priorities; or that are experiencing significant cost growth, performance deficiencies, or delays in schedule.

Evaluate and implement trade-offs among life-cycle costs, delivery schedules, performance objectives, technical feasibility, and procurement quantity objectives to ensure acquisition and sustainment programs deliver the best value in meeting capability requirements (as defined in section 181 of this title). Use data-driven decisionmaking to prioritize resource allocation to meet operational readiness requirements and materiel readiness objectives established by the Secretary concerned under section 118(c) of this title.

Collaborate with the Mission Engineering and Integration Activity established under section 203 of the SPEED Act to conduct cross-service technical and operational activities to integrate emerging technologies, prototypes, and operational concepts, as appropriate. Provide support to the Requirements, Acquisition, and Programming Integration Directorate with respect to the performance of the responsibilities of the Directorate under section 186 of this title and serve as a member of the Directorate in accordance with such section.

A program executive officer shall be the milestone decision authority for a program when directed by the service acquisition executive of the military department that is managing the program or if designated by the Secretary of Defense. The Secretary concerned with respect to a program executive officer shall ensure that there is assigned to such program executive officer the personnel and other resources required for such program executive officer to successfully perform the assigned duties and responsibilities of such program executive officer, including— contracting and contract management; estimating costs; financial management; life-cycle management and product support; program management; engineering and technical management; and developmental testing and evaluation. .

Section 1737(a)(4) of title 10, United Stated Code, is amended to read as follows: The term program executive officer means an individual described in section 1732(a). .