Under Secretary of Defense for Acquisition, Technology, and Logistics Kenneth Krieg presented the annual Department of Defense Value Engineering Achievement Awards during a ceremony June 15 at the Pentagon. Value Engineering is a systematic process of function analysis to identify actions that reduce cost, increase quality, and improve mission capabilities across the entire spectrum of DoD systems, processes, and organizations. The Department of Defense Value Engineering Program continues to be an incentive for government and our industry counterparts to improve the joint value proposition by promoting innovation and creativity. These innovative proposals seek best value solutions as part of a successful business relationship.