CHALLENGES IN THE MANAGEMENT OF DEFENSE RESOURCES LIFE CYCLE COST ANALYSIS FOR A MILITARY CAPABILITY (HIGH MOBILITY ARTILLERY ROCKET SYSTEM-HIMARS)
CHALLENGES IN THE MANAGEMENT OF DEFENSE RESOURCES LIFE CYCLE COST ANALYSIS FOR A MILITARY CAPABILITY (HIGH MOBILITY ARTILLERY ROCKET SYSTEM-HIMARS)
Author(s): Ion DantisSubject(s): Security and defense, Military policy, Accounting - Business Administration
Published by: Regional Department of Defense Resources Management Studies
Keywords: Life cycle cost; acquisition; defense planning; capability;
Summary/Abstract: Life cycle cost (LCC) represents all the costs that will occur during the life of a piece of equipment from the moment it is acquired, the period of time it is operate and maintained and finally its disposal. The aim of this paper is to present the importance of developing a life cycle cost analysis for a HIMARS BDE, especially since this capability is new in our military. Nevertheless, there must be emphasized the fact that this kind of system has never been used by any Eastern Europe countries, therefore, there is scarce reference regarding the total costs of using it. Another issue that must be addressed upfront in the fact that, since Romania has the latest version we can only speculate the life cycle cost since no system of this kind has been dispose yet.
Journal: Defense Resources Management in the 21st Century
- Issue Year: 18/2023
- Issue No: 18
- Page Range: 59-71
- Page Count: 13
- Language: English
