What does NAE mean in MILITARY
NAE is an acronym referring to the Navy Acquisition Executive, a senior leader in the U.S. Department of the Navy (DoN). This individual is appointed by the President and is responsible for managing DoN acquisition policies and procedures to ensure that they are consistent with established laws, regulations, and executive orders.
NAE meaning in Military in Governmental
NAE mostly used in an acronym Military in Category Governmental that means Navy Acquisition Executive
Shorthand: NAE,
Full Form: Navy Acquisition Executive
For more information of "Navy Acquisition Executive", see the section below.
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Definition
NAE stands for “Navy Acquisition Executive” which is a position created within the Department of the Navy (DoN), appointed by the President of the United States, in charge of overseeing all strategies and policies regarding acquisitions amongst its branches. The role of this executive ensures that all activities are compliant with any established laws or regulation.
Responsibilities
The responsibilities of the NAE cover a wide range of areas within DoN acquisition management including policy development, budgeting and funding support, strategic planning, research and development oversight, program execution tracking and assessment, training initiatives, regulatory compliance, technology investment review and analysis as well as contractor performance evaluations. Additionally, they also advise Congress on all issues related to DoN acquisitions. Furthermore, since January 2020 they also have been tasked with implementing an improved shift toward digital transformation throughout DoN operations to optimize efficiency and stay competitive in light of ongoing advancements in technology.
Essential Questions and Answers on Navy Acquisition Executive in "GOVERNMENTAL»MILITARY"
Who is the current Navy Acquisition Executive?
The current Navy Acquisition Executive is James F. Geurts. Mr. Geurts was appointed to this position in June 2019.
What is the main role of the Navy Acquisition Executive?
The Navy Acquisition Executive serves as the Department of the Navy's principal official responsible for acquisition policy and direction, oversight of execution of acquisition programs, and management of resources used to support acquisition programs across all domains.
What powers does the Navy Acquisition Executive have?
The Navy Acquisition Executive has authority to develop policies, issue instructions, allocate resources, hire personnel, review contracts and cost estimates, and oversee acquisitions from concept to deployment.
Does the Navy Acquisition Executive have any other specific roles?
Yes, in addition to their executive duties related to acquiring goods and services for the Department of the Navy, the NAE is also responsible for promoting innovation and maintaining a close working relationship with Naval stakeholders including industry partners, academia, government research laboratories and other government organizations.
How does the NAE work with other members of Congress on matters related to procurement activities?
The NAE serves as a liaison between congressional committees and Naval stakeholders on issues related to procurement activities. This includes providing information on proposed or existing laws or regulations; coordinating concerns raised by industry; facilitating dialogues between members of Congress and stakeholders; providing documentation required by committee members; and responding directly to congressional inquiries about budgetary requirements or cost estimates related to proposed acquisitions.
What type of initiatives do they typically manage?
Typically an NAE would manage or participate in mission requirements analysis, performance evaluation boards, test & evaluation teams; formulate program strategy; conduct due diligence reviews; provide oversight for high-dollar value programs such as aircraft carriers or submarines; develop long range plans; provide guidance on environmental considerations; advise senior leaders on budget matters related to major weapons systems; serve as president/chairman/member/observer on various equivalent boards reviewing technology assessment conducted by other Federal Agencies.
How often do NAEs review contracts and cost estimates?
NAEs are required to periodically review all contracts associated with acquisition decisions prior to submission for approval by senior members within their organization. Additionally they must periodically review cost estimates associated with planned acquisitions in order to ensure that funds are being allocated appropriately prior to submitting them up for approval or making changes based upon their own judgment where necessary.
Final Words:
The Navy Acquisition Executive plays a critical role in ensuring that all policies and processes surrounding DoN acquisitions are managed in an efficient manner while remaining compliant with necessary rules and regulations. They help to ensure that these activities remain cost-effective while also staying up-to-date with current advancements in technology through digital transformation initiatives to keep their operations at peak performance levels.
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