Accession Number:

AD1023266

Title:

The Competitive, Crowd sourced Investment (CCI) Initiative

Descriptive Note:

Journal Article

Corporate Author:

Office of the Secretary of Defense Washington United States

Personal Author(s):

• Wallace,Scott T.

Report Date:

2016-03-01

Pagination or Media Count:

4.0

Abstract:

Within the private sector, investment capital flows to the businesses that can best generate returns for investors. A result of this incentive structure is a business culture that relentlessly turns capital into future returns. Within the Department of Defense DoD, weapon system investment fundsthose used for modernization or replacement of existing weapon systemsare allocated to the highest defense priorities. This incentive structure means that DoD acquisition culture focuses on creating the most capable weapon systems. Yet, if DoD acquisitions are to remain affordable in the future, DoD needs to assign greater importance to cost.

Descriptors:

• department of defense
• weapon systems
• life cycle management
• cost reductions
• investments
• military acquisition
• procurement
• test and evaluation

Subject Categories:

• Administration and Management
• Logistics, Military Facilities and Supplies

Distribution Statement:

APPROVED FOR PUBLIC RELEASE