; and (2) provide a charter for the position of the Chief Management Officer to fully vest the authority of the Chief Management Officer within the Department of Defense. (e) Report on effect of lapse in management oversight on defense business systems (1) In general Not later than 180 days after the date of the enactment of this Act, the Deputy Secretary of Defense shall submit to the congressional defense committees a report on the effect on defense business systems of the abolishment of the position of Chief Management Officer and the failure to reassign the responsibilities of the Chief Management Officer with respect to defense business systems for two years. (2) Defense business system defined In this subsection, the term defense business system has the meaning given that term in section 2222(i) of title 10, United States Code.