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A supply point is a location where supplies, services and materials are located and issued. As a single moving entity, [5] a supply point location is temporary and mobile, normally being occupied for up to 72 hours. [6] Sub-suppliers are those suppliers who provide materials to other suppliers within the supply chain.
The economics of defense or defense economics is a subfield of economics, an application of the economic theory to the issues of military defense. [1] It is a relatively new field. An early specialized work in the field is the RAND Corporation report The Economics of Defense in the Nuclear Age by Charles J. Hitch and Roland McKean ( [2] 1960 ...
The Top 100 Contractors Report on the Federal Procurement Data System lists the top 100 defense contractors by sales to the United States Armed Forces and Department of Defense. ('DoD 9700' worksheet). [1]
With $48.666 billion in business with the U.S. federal government, Lockheed Martin, based in Bethesda, Maryland, is the largest U.S. federal government contractor. The Top 100 Contractors Report (TCR 100) is a list developed annually by the General Services Administration as part of its tracking of U.S. federal government procurement.
The arms industry, also known as the defense (or defence) industry, military industry, or the arms trade, is a global industry which manufactures and sells weapons and other military technology to a variety of customers, including the armed forces of states and civilian individuals and organizations.
The United States Army divides supplies into ten numerically identifiable classes of supply. The North Atlantic Treaty Organization (NATO) uses only the first five, for which NATO allies have agreed to share a common nomenclature with each other based on a NATO Standardization Agreement (STANAG). A common naming convention is reflective of the ...
The military budget of the United States for the 2009 fiscal year was $515.4 billion. Adding emergency discretionary spending and supplemental spending brings the sum to $651.2 billion. [29] This does not include many military-related items that are outside of the Defense Department's budget.
Military acquisition has a long history spanning from ancient times (e.g., blacksmithing, shipbuilding) to modern times.. Modern military acquisition is a complex blend of science, management, and engineering disciplines within the context of a nation's law and regulation framework to produce military material and technology.