Defence acquisition and procurement : how (not) to buy weapons / Ron P. Smith.
The acquisition and procurement of major weapons systems is fraught with difficulties. They tend to be delivered late, over budget and unable to meet requirements. This Element provides an economic analysis of why this happens. Market structure, demand by the military and supply by the arms firms, s...
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Full Text (via Skillsoft) |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Cambridge, United Kingdom ; New York, NY :
Cambridge University Press,
2022.
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| Series: | Cambridge elements. Elements in defence economics.
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| Subjects: |
Table of Contents:
- 1. Introduction; 2. Requirements: What weapons are needed?; 3. Price: What will the weapons cost?; 4. Sources: Where to buy the weapon?; 5. Contracts: how to buy the weapons?; 6. Buyer organisation: what are the problems?; 7. Externalities: are there spill-overs?; 8. Conclusion; References.