One of the unintended consequences of the 2011 Budget Control Act (BCA) and its annual threat of sequestration—the automatic, widespread budget rescissions plaguing federal agencies since March—is the turnabout that will occur in the ratio of Defense Department procurement to research, development, testing and evaluation (RDT&E). According to analyst Todd Harrison of the Center for Strategic and Budgetary Assessments think tank here, since fiscal 1955, the ratio has averaged 2.1, meaning ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must be a paid subscriber to access "Procurement Could Lag Military Tech Spending".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.