Equipment not bought may be sorely missed later
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 ...
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