Defense Primer: Procurement
LIBRARY OF CONGRESS WASHINGTON DC WASHINGTON DC
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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 non construction-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.
- Logistics, Military Facilities and Supplies