Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

Defense Primer: Procurement (CRS Report for Congress)

Premium   Purchase PDF for $24.95 (3 pages)
add to cart or subscribe for unlimited access
Release Date Revised May 7, 2024
Report Number IF10599
Report Type In Focus
Authors Heidi M. Peters; Brendan W. McGarry
Source Agency Congressional Research Service
Older Revisions
  • Premium   Revised Jan. 20, 2023 (2 pages, $24.95) add
  • Premium   Revised Jan. 5, 2023 (2 pages, $24.95) add
  • Premium   Revised Dec. 9, 2021 (3 pages, $24.95) add
  • Premium   Revised Jan. 7, 2021 (3 pages, $24.95) add
  • Premium   Revised Feb. 7, 2020 (3 pages, $24.95) add
  • Premium   Revised Dec. 20, 2018 (2 pages, $24.95) add
  • Premium   Feb. 10, 2017 (2 pages, $24.95) add
Summary:

Though the common use of the word procurement implies the buying of all things, within the defense community procurement refers to the appropriations title by that name. Procurement is the DOD appropriations title that provides funds to purchase major equipment. DOD classes procurement appropriations as nonconstruction-related investment costs, or the costs to acquire capital assets, such as an F-35 Joint Strike Fighter or a Virginia-class submarine. Investment costs are distinguished from expenses, which are consumed in the operating of the Department.