Defense Business Board

The board consists of approximately twenty private sector executives with experience in business management.

The purpose of the board is to provide independent advice, which reflects an outside private sector perspective, on best business practices for application to the department.

[4] On January 22, 2015, the board then voted to adopt a McKinsey plan to cut $125 billion in waste over five years.

[4] Secretary Carter then replaced the board chairman, classified the McKinsey results as secret, and removed the report from public websites.

[5][6][7] In February 2021, President Joe Biden ordered Secretary of Defense Lloyd Austin to suspend all members of the Pentagon's advisory boards, including the DBB, and request all Trump appointees step down, permanently.