Rapid acquisition speeds capabilities to warfighters

Friday - 6/15/2012, 2:41pm EDT

With a $500 billion budget, the United States is the world's biggest buyer, and Defense is the biggest piece of that pie. The Rapid Acquisition Program has kicked into overdrive to help warfighters in Iraq and Afghanistan.

Roy Smith, an executive vice president at ITG and a member of the executive advisory council of the National Contract Management Association, discusses how the program works and how industry views its achievements.

"to date, it has really allowed the (Defense) Department to work with the combatant command and identify what we'll call urgent requirements and allow the combatant commands to identify mature technology to get the capabilities out to the combat environment. When we're talking about the safety of our troops and national security, it's important to make sure that we get the troops what they need in a really timely fashion."

Read more about rapid acquisition

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Inside the World's Biggest Buyer (Main page)

Part 1: Agency Acquisition

Part 2: Acquisition Workforce

Part 3: Acquisition Oversight

Part 4: Suspension and Debarment

Part 5: Industry Perspective