Scherer & Peck Weapons Acquisition Process Economic Incentives Economic Analysis

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Weapons Acquisition Process
Economic Incentives & Economic Analysis

by

Frederic M. Scherer & M J Peck

Hardcover. 8vo. Published by Deparment of Research Graduate School of Business Administration, Havard University, Cambridge, MA. 1962-64. 2 Volumes. xxii, 736 pgs, xxi, 447 pgs.  First Edition/First Printing.

DJ has light shelf-wear present to the DJ extremities. Bound in cloth boards with titles present to the spine and front board. Boards have light shelf-wear present to the extremities. Previous owner's name of William Beehler Bunker (Gen. Bunker created US Army Aviation and the helicopter doctrine) present to the FFEP.  Text has notes and marks present. Binding tight and solid.

Brigadier General (later Lieutenant General) William Beehler Bunker was commissioned in the Cavalry upon graduation from West Point in 1934. Even though he never received a rating as an Army Aviator, in 1950 his career became inextricably involved with Army Aviation. He authored a report to the Chief of Transportation that convinced the Army of the intrinsic value of the helicopter in logistical roles.

Military acquisition has a long history spanning from ancient times (e.g., blacksmithing, shipbuilding) to modern times. Modern military acquisition is a complex blend of science, management, and engineering disciplines within the context of a nation's law and regulation framework to produce military material and technology. This complexity evolved from the increasing complexity of weapon systems starting in the 20th century. For example, the Manhattan Project involved more than 130,000 people at an estimated cost of nearly $24 billion in 2008 dollars. In the twenty-first century, the trend has been for countries to cooperate in military procurement, due to the rising cost-per-unit of military hardware such as ships and jets