Acquisition Research Program (ARP): Assessing the Role of Congress in Defense Acquisition Program Instability

Abstract

This proposed research effort evaluates the impact of Congress on funding instability for defense acquisition programs. While the Department of Defense (DoD) requests specific funding levels for procurement and research, development, test, and evaluation (RDT&E) programs each fiscal year in the President’s budget submission, Congress ultimately determines the funds that will be made available to those programs via the appropriations process. Industry and investors alike are affected by the funding levels Congress mandates. Companies and vendors are forced to adjust program schedules and revenue projections due to changes between requested and appropriated funding levels for programs, while investors rely on these projections to accurately value these companies.

Document Details

Document Type
DoD Grant Award
Publication Date
Jun 02, 2020
Source ID
HQ00342010004

Entities

People

  • Todd Harrison

Organizations

  • Center for Strategic and International Studies
  • Office of the Secretary of Defense
  • Washington Headquarters Services

Tags

Readers

  • Economics
  • Public Financial Management and Budgeting