DoD Wants Help from Wall Street.

• Position: UP FRONT

The Pentagon is looking for Wall Street expertise as it pursues improvements to its business practices, Deputy Assistant Secretary of Defense for Industrial Policy Eric Chewning told reporters recently.

Chewning, an Army veteran, previously worked at financial giant Morgan Stanley & Co. and later was a partner at management consulting firm McKinsey & Co.

He noted he has an "affinity" for people who have both served in the military and spent time on Wall Street. "I'm looking at...