Defense Acquisition Enterprise and Initiative Act of 1986

[AI summary unavailable — showing source text] Defense Acquisition Enterprise and Initiative Act of 1986 - Amends general Federal procurement law to authorize the Secretary of a military department to designate any major defense acquisition program conducted by such department as a defense enterprise program, which shall be managed by a program manager. Requires such program manager to report to and be under the direction and control of the Secretary concerned. Limits the regulation of such defense enterprise programs (programs) as specified. Requires the Secretary concerned to appoint a program manager for each program. Outlines administrative provisions concerning the appointment and performance review of such managers. Authorizes the manager of a program to establish a senior staff to assist in the management of the program, as well as a technical staff. Provides that it is the policy of the Congress to authorize at any one time in connection with any program the appropriation of sufficient funds to carry out the program through at least one defense systems acquisition review council milestone established for the program. Directs the Secretary of Defense to specify the amount of necessary funds for each such program. Establi…