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Military acquisition or defense acquisition is the "bureaucratic management and procurement process",[1] dealing with a nation's investments in the technologies, programs, and product support necessary to achieve its national security strategy and support its armed forces. Its objective is to acquire products that satisfy specified needs and provide measurable improvement to mission capability at a fair and reasonable price.[2]
- ^ US Department of Defense, quoted at IGI Global, Emerging Strategies in Defense Acquisitions and Military Procurement, accessed 21 April 2021
- ^ "Defense Acquisition Guidebook, US Department of Defense, Nov 2004". Archived from the original on 2013-02-13. Retrieved 2010-08-20.