The Defense Department's upcoming "skunk works" pilot project for acquisition management will significantly streamline milestone decisions for participating programs, Pentagon procurement chief Frank Kendall said today. The initiative -- one of many outlined in Kendall's recent implementation guidance for "Better Buying Power 2.0" -- will involve small, "empowered" teams of government and industry professionals focused on "well-defined" requirements, he said. The initiative would emulate Lockheed Martin's Skunk Works division. The teams will have rules to follow, but there will also...