To print a PDF copy of this article, click here.
In his review of the industrial buildup for World War II, renowned historian I. B. Holley eloquently highlighted the importance of acquisition to our country’s overall defense posture. The role of advanced technology and weapon systems to successful World War II outcomes is widely recognized. From a fiscal perspective, acquisition professionals historically spend over half of Department of Defense (DoD) annual expenditures. In FY2013, that dollar amount topped $400 billion.