LIFE CYCLE COST ANALYSIS FOR MILITARY EQUIPMENT. LIFE CYCLE SUSTAINMENT PLAN AS MAIN INSTRUMENT
LIFE CYCLE COST ANALYSIS FOR MILITARY EQUIPMENT. LIFE CYCLE SUSTAINMENT PLAN AS MAIN INSTRUMENT
Author(s): Calin ValeriuSubject(s): Business Economy / Management, Economic policy, Military policy
Published by: Regional Department of Defense Resources Management Studies
Keywords: life cycle; analysis; military; cost; elements;
Summary/Abstract: One of the main characteristic of present days for Romanian Armed Forces is the switching accent from a numerous military corps with old equipment to a ”slim” but stronger force using modern weapon systems. Suddenly, becomes a problem to fill the places with specialized people instead of using cold war weapon systems. Of course, this situation is the consequences of aligning to 2% of GDP for defense sector and opens the way for modern weapon systems acquisitions. But when you need to fill the gap in so many capabilities in the same time in the same 2% envelope, you have to choose what to buy first and haw to mix the tempo of acquisitions. This paper is about a perspective of estimating the total cost of weapon systems, „from cradle to grave” and how to control, calculate and diminish the whole burden. One strong model is Life Cycle Sustainment Plan used by US Secretaries of Military Departments and the Directors of Defense Agencies.
Journal: Defense Resources Management in the 21st Century
- Issue Year: 16/2021
- Issue No: 16
- Page Range: 19-36
- Page Count: 18
- Language: English