Price-Based Acquisition: Issues and Challenges for Defense Department Procurement of Weapon Systems

Price-Based Acquisition: Issues and Challenges for Defense Department Procurement of Weapon Systems

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Price-based acquisition (PBA), a major acquisition reform measure being used by the Department of Defense (DoD), is claimed to reduce costs and enhance acquisition efficiency. This study presents findings based on structured interviews and case studies to determine whether the claims are true and what potential benefits PBA may hold for DoD.