Reducing DHS Acquisition Cost Growth Act

[AI summary unavailable — showing source text] Reducing DHS Acquisition Cost Growth Act This bill amends the Homeland Security Act of 2002 to require the program manager of a major acquisition program (a Department of Homeland Security [DHS] acquisition program estimated to require an eventual total expenditure of at least $300 million over its life cycle cost) to notify the program's Component Acquisition Executive (CAE) (the senior acquisition official within a DHS component designated to lead a process and staff to provide acquisition and program management oversight, policy, and guidance to ensure that statutory, regulatory, and higher level policy requirements are fulfilled), the head of the component concerned, the Executive Director of the Program Accountability and Risk Management division, the Under Secretary for Management, and the Deputy Secretary of DHS within 30 days after any breach in such program is identified. If such a breach results in a cost overrun greater than 15%, a schedule delay greater than 180 days, or a failure to meet any performance thresholds from the cost, schedule, or performance parameters specified in the most recently approved acquisition program baseline for such a program, the CAE must noti…