The Biden administration is expected to release its first budget request for FY 2022 in May. While the request was developed predominantly under the previous administration, it will provide some direction as to the national security priorities of the new administration.
Defense acquisition policy has undergone significant reform over the past several years. The Biden administration will likely focus on implementing those reforms as it prioritizes developing emerging technologies and achieving domestic policy goals.
The Department of Defense is prioritizing speed in its acquisitions and development strategy. However, fixating on speed could lead to issues with program management, sustainment, and other areas.
Defense budgeting discussions frequently feature all-or-nothing thinking. But considering the marginal costs and benefits of additional spending can lead to better spending decisions.