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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Bibliographic Details

Online Access:	Full Text (via Cambridge)
Main Author:	Smith, Ron, 1946 September 2- (Author)
Format:	Electronic eBook
Language:	English
Published:	Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2022.
Series:	Cambridge elements. Elements in defence economics.
Subjects:	Armed Forces > Procurement. Defense industries > Economic aspects.