Defense Primer: Procurement

Abstract

Though the common use of the word procurement implies the buying of all things, within the defense community procurement refers to the appropriations title by that name. Procurement is the DOD appropriations title that provides funds to purchase major equipment. DOD classes procurement appropriations as non construction-related investment costs, or the costs to acquire capital assets, such as an F-35 Joint Strike Fighter or a Virginia-class submarine. Investment costs are distinguished from expenses, which are consumed in the operating of the Department.

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Document Details

Document Type
Technical Report
Publication Date
Feb 10, 2017
Accession Number
AD1031215

Entities

People

  • Heidi M. Peters
  • Russell Rumbaugh

Organizations

  • Library of Congress

Tags

Communities of Interest

  • Air Platforms
  • Ground and Sea Platforms
  • Space

DTIC Thesaurus Topics

  • Acquisition
  • Air Force
  • Aircraft Equipment
  • Aircrafts
  • Budgets
  • Cargo Aircraft
  • Contracts
  • Department Of Defense
  • Fighter Aircraft
  • Investments
  • Military Acquisition
  • Navy
  • Procurement
  • Test And Evaluation
  • Transport Aircraft
  • United States
  • Virginia Class

Readers

  • Educational Psychology
  • Industrial Economics
  • Public Financial Management and Budgeting