A new report from the Center for Strategic and International Studies finds the ratio of spending on procurement compared to research and development is on the decline, a discovery it notes could have "business-altering dynamics." The report identifies a cyclical, historical pattern in the ratio. In the past, as Pentagon budgets increased, procurement would receive a disproportionate boost, increasing the ratio of procurement to research, development, test and evaluation. On the other hand, when budgets fell, procurement budgets would absorb...
