The federal procurement system can play a crucial role in supporting national defense, fostering technological innovation, and driving economic growth. Yet existing procurement policies and processes have been criticized for being outdated, overly complex, and ill-suited to economic needs.
As innovators build technology in artificial intelligence and other digital sectors, it is time to reconsider existing regulations through the lens of the incoming Trump administration, a Republican-controlled Congress, and the proposed Department of Government Efficiency initiative.
There’s now a unique opportunity to reform federal procurement by expanding non-traditional approaches, increasing the acquisition of commercial products and services, reforming small business policies, and streamlining regulatory burdens.
Reinvest in the US defense industrial base and expand non-traditional procurement methods. Critics have lambasted federal procurement for being bureaucratic, wasteful, and ill-equipped for technological innovation. The Trump administration and Congress should embrace more agile procurement, expanding the use of other transaction agreements, commercial solutions openings, and other rapid acquisition techniques.
OTAs, CSOs, and innovative procurement techniques can be used in sectors such as defense and cybersecurity to quickly acquire novel solutions from...
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