search query: @indexterm ARMAMENTS INDUSTRY / total: 144
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| Author: | Greer, W. R. Liao, S. S. |
| Title: | An analysis of risk and return in the defense market : its impact on weapon system competition. |
| Journal: | Management Science
1986 : OCT, VOL. 32:10, p. 1259-1273 |
| Index terms: | RETURN ON INVESTMENT COST BENEFIT ANALYSIS ARMAMENTS INDUSTRY |
| Language: | eng |
| Abstract: | With growing austerity pressures from the Administration Congress and the general public the government's procurement policy has called for increased use of dual-source competition as a means of reducing acquisition costs. In practice this policy has produced mixed results. The cause seems to be an inadequate understanding of the peculiarities of competition in the government's market. The risk and return available in the defense market are examined and related to the industry's propensity to compete. The results show that intelligent observation of the industry's capacity utilization rate would contribute to the development of a more efficient acquisition policy. |
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