Digital engineering practices offer significant yet underutilized potential for improving information assurance and system lifecycle management. This paper examines how capabilities like model-based engineering, digital threads, and integrated product lifecycles can address gaps in prevailing frameworks. A reference model demonstrates applying digital engineering techniques to a reference information system, exhibiting enhanced traceability, risk visibility, accuracy, and integration. The model links strategic needs to requirements and architecture while reusing authoritative elements across views. Analysis of the model shows digital engineering closes gaps in compliance, monitoring, change management, and risk assessment. Findings indicate purposeful digital engineering adoption could transform cybersecurity, operations, service delivery, and system governance through comprehensive digital system representations. This research provides a foundation for maturing application of digital engineering for information systems as organizations modernize infrastructure and pursue digital transformation.