Systems engineering integrated both the system and the organizational engineering disciplines to produce an elegant system. The NASA Systems Engineering Research Consortium has developed systems engineering postulates, principles, and hypotheses defining the physical and social aspects of systems engineering. This paper presents an overview of the current revision of this basis for systems engineering. This basis addresses several key aspects of systems engineering including system specific approach, organizational influences, policy and law impacts, application across the system life cycle, the mathematical basis of systems engineering, decision making, clearly distinguishing verification from validation, and system optimization.