The Department of Defense faces two distinct, equally pressing acquisition challenges. As the U.S. provides ongoing security assistance to Ukraine, DoD continues to draw down from its weapons stocks faster than it can replenish munitions, exposing the lethargy of the defense industrial base and threatening to leave the U.S. military unprepared for a future conflict. Meanwhile, the Pentagon’s bureaucratic procurement process is slow to keep pace with the speed of technological innovation in areas like AI, biotech, cyber, and space.